Maico Money Transfer Chief Executive Innocent Higiro (left) and Mustafe Sheikh Adan Amin, the Managing Director of Dahabshiil in Rwanda, hold signage during the launch of the partnership between the two companies in Kigali on Tuesday, September 29. /
Maico...
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Dear Stakeholder,
BURN Manufacturing Co. will implement the carbon project activity ‘VPA1: Efficient and Clean Cooking for households in Somaliland‘ under the Gold Standard Programme of Activities (PoA) ‘ECOA_BURN multi-country Clean Cooking Programme’.
The PoA is managed by BURN Manufacturing...
Somali money transfer companies moved more than $3.7 million in cash between suspected weapons traffickers in recent years, including to a Yemeni under U.S. sanctions for alleged militant links, according to a report seen by Reuters.
FILE PHOTO: Somali Puntland...
DP World is expanding the Port of Berbera in Somaliland with a terminal to raise capacity to handle more than 500,000 TEU of containers per year
By Martyn Wingrove
This first phase of development is scheduled to be completed by Q1...
Lonestar Cell MTN, Liberia’s leading GSM and Mobile Financial Services company, has partnered with WorldRemit to make it possible for Mobile Money customers to now receive international remittances straight to their Lonestar Cell MTN Mobile Money accounts, free of...
Trafigura Group has committed to work with the government of Somaliland to upgrade the Berbera Oil Terminus facilities and position it as a gateway to serve customers within the country, and integrate oil logistics across the Horn of Africa.
Trafigura,...
By M.A. Egge
The Governor of the Central Bank Mr. Ali Ibrahim Baghdadi has cautioned the merchant community not to do transactions unscrupulously in any monetary exchange rates other than that given by the Central Bank.
The Governor further warned that...
Press releases
Mogadishu is the airline’s ninth destination in Africa to resume flights, expanding the airline’s global network to more than 85 destinations
Mogadishu service will be operated by an Airbus A320 via Djibouti, optimising connections to...
The money transfer service will empower Somalis at home and abroad.
3 September 2020: London: Juba Express, one of the fastest growing money transfer services and WorldRemit, a leading global payments company are connecting to provide Somalis with the opportunity to receive...
African Union Commission inaugurates African Continental Free Trade Area (AfCFTA) permanent secretariat as launchpad for Africa’s economic transformation
The African Development Bank Group provided a $5 million institutional support grant to the AU towards the establishment of the AfCFTA secretariat
ABIDJAN,...