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Diaspora remittances are a lifeline for many in the horn of Africa which is grappling with an economic crisis occasioned by the Covid-19 pandemic, drought, and locust invasion. Every year, members of the diaspora community send approximately $1.3 billion (Sh150...
Hyundai Construction Equipment (HCE), an affiliate of the Hyundai Heavy Industries GROUP, has signed a distributorship agreement with NEFC, a move that is set to accelerate its forays into the East African market including Ethiopia, Djibouti, Somalia, Somaliland, and...
By Shem Oirere Civil strife has been one of Africa's biggest hurdles to the exploration and production of oil and gas on the continent's waters. Despite a reduction in the conflicts, violence has flared up again in East Africa, as forces...
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...
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...
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...
Ethiopia's Electric Power (EEP) has set its sights on expanding its power grid and becoming a major electricity supplier in Africa. Their plan involves connecting the Eastern and Southern Africa Power Pools, ultimately delivering electricity to South Africa. Ashebir Balcha,...
Dahabshiil is a perfect example of an African business institution that has benefited from open market globally in its quest to serve Africans, the diaspora community and institutions’ – CEO Duale British Prime Minister Theresa May has pushed for better...
A local firm has joined forces with new innovative European technology startup to launch a digital business environment platform that will allow businesses, governmental offices, and professionals to distribute & share their Digital profile via digital business cards (http://ecards.Zone)...
Products from Tayo Plastics Factory expected to curb unnecessary importations By M.A. Egge The VP H.E. Abdirahman Abdillahi Ismael Seyli’i has urged entrepreneurs who run corporations that are public liabilities entity to focus on globally standardized management such that they may...