Written by Gordon Peake A not-infrequently heard lamentation of maudlin government advisers and aid managers revolves around the notion that ‘they really couldn’t do without us.’ The ‘they’ are the ministers, senior bureaucrats and functionaries of the ‘partner’ government in the...
Ismail Ahmed is the founder and chairman of WorldRemit, a leader in the international digital money remittance market. Ismail started the business in 2010. It has since received more than $375 million in the capital, supported by Accel, TCV, and LeapFrog,...
Could the stereotyped local investment in Somaliland lead to a lower yield of return of investments (RoI) and a period of economic stagnation due to a lack of diversity in our local investments? Could the local investments be regulated...
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...
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...
The business community in the Horn of Africa has welcomed the move by the World Bank and the International Monetary Fund to offer debt relief to Somalia. Coming days after the Horn of Africa nation was admitted into the East...
By Jonathan Moules Founder Ismail Ahmed spied a gap in the remittance market ©Charlie Bibby Ismail Ahmed: his idea was driven by expensive transactions to Somaliland When he worked for the UN, Ismail Ahmed blew the whistle on alleged corruption in some of...
Press Release April 7, 2015 Spark and its partners officially launched, ‘Africa House’, the first Business Incubator and Entrepreneurship Development Center in the Somali Regions. The business Incubator and entrepreneurship development aims to develop entrepreneurship, through a range of activities which...
Black Flamingo Beauty co-founders Mariam Abdillahi and Mona Gulaid. Image courtesy Black Flamingo Beauty There’s something about imbibing beauty and skincare regimes that have been passed down through generations before us that helps many among us stay connected to the...
Dubai-based carrier flydubai has today announced that it will not be resuming scheduled passenger flights until June at the earliest, in response to the coronavirus outbreak. Passenger flights will continue to be suspended until June 4th, while some repatriation...