Business & Economy

Business & Economy

Somalis residing in the diaspora were on Thursday recognised for their efforts in promoting and uplifting the standards of people globally. Also, African money transfer company Dahabshiil was recognised for its contribution to the international Somali community. The company was among...
Last week, the Silanyo administration issued a decree banning the use of Mobile money transfer services for less than $100 transactions, after local merchants demonstrated against the low value of Somaliland shilling. Despite the legal tender of Somaliland being...
Money remittance firm Dahabshiil is scaling up its efforts against money laundering as it eyes a bigger share of lucrative money remittance market. Staff of the firm from across the country were on Friday evening taken through intensive training in...
By Ahmed Mohamed Daud Dahabshil Bank International (DBI) recently unveiled an initiative named the Powering Progress Fund (PPF or the “Fund”) at the Somaliland Investment Forum, Hargeisa,which seeks to create positive impact through Sharia compliant investments in renewable energy technology...
TELESOM Unveils 4G++ Next Generation Mobile Network Technology at Exhibition TELESOM to Unveils 4G++ Next Generation Mobile Network Technology and Other New Services during Three days Exhibition By Goth Mohamed Goth Hargeysa – (TELESOM) – H.E Vice President Abdurrahman Abdillahi Ismael...
Young African entrepreneurs stand to gain more from the continued business partnerships between the United States and Africa. The just concluded US-African business Forum in New York reaffirmed the United States commitment to help Africa grow despite the hardships many...
Dahabshil Bank International (DBI) unveiled at the Somaliland Investment Forum, Hargeisa, the Powering Progress Fund (PPF or the “Fund”) which seeks to create positive impact through Sharia compliant investments in renewable energy technology used in MSME...
Dr. Ismail Ahmed is the Somaliland born, London educated entrepreneur, who has taken the money transfer industry by storm. Founding his company WorldRemit only six years ago, the tech-start up was already estimated to be worth £320million in 2015...
Nigerian diaspora to benefit from increased competition in remittance market LAGOS, Nigeria,  -- WorldRemit (www.WorldRemit.com/en/Nigeria), the leading digital remittance service, commends the restoration of money transfers to Nigeria, following the decision of the Central Bank of Nigeria (CBN) to approve WorldRemit...
Japan-Africa development partnership could not have come at a better time, according to Dahabshiil Chief Executive Officer Abdirashid Duale who participated in the Conference. The Sixth Tokyo International Conference on African Development (TICAD VI) held in Nairobi presented opportunities for...

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