Somaliland signs crucial agreement with EIL for establishment of industrial lab

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By M.A. Egge The Ministry of Mines and Energy of Somaliland has signed a memorandum of understanding with a company from the Emirates Industrial Laboratory...

Dahabshiil Group co-sponsored third-year row Chevening Scholarships

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Dahabshiil group has sent massive congratulations to this year’s Chevening Scholars. Statement Dahabshiil Group published their Twitter (X) account, read as follows; “it’s proud to...

Somaliland Central Bank Launches Direly Needed Exchange Office for Financial Instruments

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By M.A. Egge In the city of Hargeisa, an event was held to inaugurate the office of exchange of financial instruments of the Central Bank...

SOMTEL to inject $25m in telecommunications, hailed highly at 6th National Telecommunications Conference

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Somtel has announced that it will invest $25 million more in the development of the country’s Internet connection during the ongoing 6th National Telecommunications...

Somaliland’s Business Community Faces Employees Crisis

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As a former business owner in the USA, human resource (HR) challenges were among the least complicated issues my organization encountered. A reliable supply...

Dahabshiil targets Ethiopia expansion after M‑Pesa Safaricom partnership, Duale says

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By David Whitehouse Abdirashid Duale sees remittances as a key driver of development in sub-Saharan Africa. Dahabshiil is keen to expand its Ethiopian presence following its...

Dahabshiil group welcomes Ethiopia PM’s statement on the key role of the private sector & entrepreneurship market-based Forex rate

Dahabshill message to Esteemed Customers on COVID-19
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Dahabshiil Company has welcomed the shift to a market-based exchange regime as part of a major revision of Ethiopia’s foreign exchange (FX) system. A...

Central Bank leads operation ridding frontier town of illegal money changers in bid to maintain rates stability

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Illegal money changers have been rounded up in Tog-wajaale town in a clean-up operation campaign led by the Central Bank at the end of...

Somaliland: Budget Policy Committee discuss 2025 priorities

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The 2nd meeting of the National Budget Policy Committee was held over the week at the Ministry of Financial Development headquarters in readiness for...

Somaliland: Technical committee formed to facilitate establishment of Berbera sub-marine fiber-optic cable

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A technical committee has been set up to facilitate the establishment of under-sea fiber optic cables connected to the country. In a meeting that the...