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Tag archive for ‘REmittance’
An employee at Juba Express in Mogadishu, Somalia, prepares a money transfer for a customer, Feb. 12, 2015. U.S. banks stopped money transfers to Somalia this month, leaving many Somalis without critical financial support. Mohamed Abdiwahab / AFP / Getty Images
By Sahra Farah On Monday, March 2nd, 2015

US bank regulators may destroy Somalia’s economy

by Hamda Yusuf @HamdaInSpace , Ifrah F. Ahmed @Ifrahmed & Zahra Mohamud @Zafrique On Feb. 6, 2015, U.S. banks stopped money transfers to Somalia because of strict regulations set by the Office More...

By Qalinle Hussein On Saturday, February 21st, 2015

Somali Entrepreneur Raises $100 Million For Money Transfer Startup WorldRemit

WorldRemit, a London-based online money transfer service that lets people send money to friends and family in other countries, has raised $100m in a Series B funding round led by Technology Crossover Ventures (TCV), More...

By MGoth On Monday, February 16th, 2015

Somaliland:Business Community raises importance of Remittances to Somalis with visiting DFID officials

By Goth Mohamed Goth Visiting DFID officials on Saturday met with members of the local business community among the prominent business people to discuss opportunities on investment and business development at the More...

By SomalilandPress On Tuesday, November 5th, 2013

Dahabshiil wins injunction against Barclays

PRESS RELEASE: 5th November 2013 – for immediate release The High Court heard an application for an interim injunction to prevent Barclays Bank from terminating the banking services it provides to Dahabshiil, More...

By MGoth On Thursday, January 3rd, 2013

Dahabshiil: The maker of liquid gold

Dahabshiil, which is Somali for ‘the gold melter’, is a ‘rags to riches’ story of an African entrepreneur who lost everything during the Somali civil war. With nothing but a strong network of contacts, he More...

By SomalilandPress On Wednesday, November 7th, 2012
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Dahabshiil CEO and Dr Laura Hammond Discuss Preliminary Findings of Remittance Research

By Africa Business LONDON, November 7, 2012 — /PRNewswire/ — Abdirashid Duale, CEO of Dahabshiil – one of Africa’s largest remittance businesses – today discussed the economic future More...

By SomalilandPress On Thursday, April 19th, 2012

Dahabshiil provides vital service for African community

CEO of money transfer service speak exclusively to African Business Review on why his company means more to him than just making money. The story behind international money transfer Dahabshiil truly is one of rags More...

By SomalilandPress On Wednesday, January 25th, 2012

Dahabshiil CEO Gives LSE Lecture on Value of Remittances

London, UK, January 21, 2012 – Abdirashid Duale, CEO of Dahabshiil, addressed an audience at the London School of Economics on the challenges and opportunities of delivering financial services to developing countries. The More...

Dr Adam Ismail Hassan
By Qalinle Hussein On Saturday, January 7th, 2012

The role of remittance in the economic development of Somaliland

By Adam Ismail Hassan, PhD 1. INTRODUCTION The international remittance markets have grown dramatically in many parts of the world for the past two decades or so. Yet their critical roles in the economic development More...

By Qalinle Hussein On Thursday, April 7th, 2011

Dahabshiil CEO addresses masters students at Helsinki’s 100-year-old School of Economics

LONDON — Abdirashid Duale, CEO of Dahabshiil Group, was invited last week to address graduating masters students at Aalto University School of Economics in Helsinki – an internationally renowned institution More...