Dahabshiil CEO, Mr. Abdirashid Duale and participants of Dahabshiil Diaspora Conference sharing Ideas-Pic
An International Organisation for Migration (IOM) study in 2021 revealed 67% of Somalis receiving money from relatives abroad are unemployed.
In Summary
•Members of the diaspora community send approximately...
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...
Dubai-based port operator DP World and the Government of Somaliland, opened a container terminal at Berbera Port in June 2021. Photo by ED RAM/AFP via Getty Images
By May Darwich & Jutta Bakonyi
Berbera port is the main overseas trade gateway...
Puber Kalam Webdesk: When we need money, we usually go to the bank to withdraw it or go to the ATM to withdraw the required amount. But think if the money is sold like selling potatoes and pots on...
The Somali business community in East Africa is looking to explore trade opportunities at the first-ever business summit between the two countries in Kampala.
Corporates and the business community from the region will be showcasing their products and services in...
It is pertinent to note that the bilateral relations of the Federal Democratic Republic of Ethiopia and Somaliland in terms of political, economic, and trade ties have been progressing along the right lines more than ever before.
As things stand...
By Bird Story Agency
What you need to know:
Kenya’s Mombasa port, the largest and busiest in the region, is facing tough competition from ports at Berbera in Somaliland, Dar es Salaam in Tanzania and Maputo in...
The recent GSMA report puts Africa at the forefront of the mobile money revolution. In 2021, the industry processed over $1 trillion in transactions — 70% of which were in Africa alone. In Somalia, digital payments have transformed our...
Gov’t to investigate the matter
Somalilandcurrent- Ethiopia losses its opportunity to the ownership of 19 percent of Berbera Port as the government failed to fulfill certain conditions according to Dr. Saad Ali Shire, Ministry of Finance of the Republic of...
World-renowned remittance agency, Dahabshiil International Bank has held its annual appreciation awards ceremony for its customers. The event held at Damal Hotel in Hargeisa was officiated by the chief executive officer of Dahabshiil Group Mr.Abdirashid Said Du’ale.
Addressing clientele at...