The sudden resignation of World Bank President Jim Yong Kim has rekindled debate about leadership succession and the mission of the international financial institution. US president Donald Trump has nominated his preferred candidate, David Malpass, who is known for his sharp criticisms of the World Bank...
None of the 157 people on board an Ethiopian Airlines plane that crashed on Sunday morning en route to Nairobi from Addis Ababa has survived, the airline said. The aircraft, a Boeing 737 MAX 8 carrying 149 passengers and eight...
Nigerian diaspora to benefit from increased competition in remittance market LAGOS, Nigeria,  -- WorldRemit (www.WorldRemit.com/en/Nigeria), the leading digital remittance service, commends the restoration of money transfers to Nigeria, following the decision of the Central Bank of Nigeria (CBN) to approve WorldRemit...
Burao General Hospital received a total of nine, fully packed cartons containing medical supplies from Dahabshiil in a brief ceremony held at the hospital grounds on Tuesday. Eight of the cartons contained drugs that could benefit 2500 in-patients and were...
DP World's $442 million expansion of Berbera port in Somaliland will put the breakaway state on the path to formal independence from Somalia, its president has said. The Horn of Africa state declared independence in 1991, when Somali president Mohamed...
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...
One of India’s hospitality companies has unveiled its intend to open a hotel in Hargeisa, the administrative centre city of Somaliland. Ajay K Bakaya, Managing Director, Sarovar Hotels Pvt. Ltd. said, “So as to maximize further growth opportunities in Africa,...
Digital money transfer company, WorldRemit, has appointed the former CEO of the FTSE 100 company Paddy Power Betfair plc, Breon Corcoran, as its new chief executive. WorldRemit’s pioneering digital technology has disrupted the remittance industry, driving the industry’s evolution from...
 ETHIOPIAN DIASPORA TRUST FUND ADVISORY COUNCIL  PRESS RELEASE  October 20, 2018 The Ethiopian Diaspora Trust Fund (EDTF) Advisory Council (Council) is pleased to announce the launch of the Ethiopian Diaspora Trust Fund on October 22, 2018 through its official website...

Africa rising

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LUANSHYA, Zambia/DAVOS, Switzerland (Somalilandpress) -- With the stoicism demanded of all who hope to make money in Africa, Beauty Chama sits in her empty hair salon in a leafy town in northern Zambia's Copper Belt and looks forward to...