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Efficient, affordable remittance systems critical for growth of Africa

Dahabshiil Chief Executive Abdirashid Duale says money transfer plays a big role in improving livelihoods of the impoverished in Africa./FILE By CORRESPONDENT, NAIROBI, Kenya, Jan 29 – Remittances became a key issue in improving the economy of East Africa as the World Economic Forum came to an end this weekend in Davos, Switzerland. Speakers at More...

by admin | Published 1 month ago
By admin On Sunday, January 7th, 2018

Somaliland: DP World trade investments top $1bn in 2017 including Bebera port

  DP World added value across the supply chain for customers and partners Global trade enabler DP World’s operations in 2017 included over $1 billion in capital expenditure on the back of growing trade opportunities, More...

By admin On Wednesday, January 3rd, 2018

Dalkom Somalia Launches iDirect Network to Expand Satellite Connectivity in Somalia

  VT iDirect, Inc. (iDirect), a company of Vision Technologies Systems, Inc. (VT Systems), today announced that Dalkom Somalia has installed an iDirect Hub and will leverage iDirect’s series remotes to provide More...

By admin On Saturday, December 30th, 2017
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Dahabshiil Holds End-of-year Commendatory Dinner for Staff

To mark another rewarding year for the Dahabshiil Money Transfer wing of the Dahabshiil Group of companies, DMT management held an end-of-the-year appreciative dinner to commend staff, agents and loyal customers More...

By admin On Wednesday, December 20th, 2017

Somaliland: Dahabshiil Provides Winter Gear to Urtehagen Orphanage

Kids living at the Urtehagen Orphanage Center in Burao, Togdheer, received new provisions from Dahabshiil Group this week. Dahabshiil provided blankets, jackets and warm jerseys to about 80 boys and girls given More...

By admin On Saturday, December 9th, 2017

How to Turn $200,000 Into a $670 Million Business

                        WorldRemit_CEO Seven years ago, Ismail Ahmed set out to build a startup that could send cash electronically from the U.K. to Africa. He had $200,000 and a lot of experience More...

By admin On Saturday, November 25th, 2017

Dahabshiil Constructs recovery ward for Madina hospital, sets up blood bank

Dahabshiil Group pledged to build a recovery ward for Mogadishu’s Madina Hospital and to give a helping hand in the construction of a blood bank and the optimization of ambulance fleets. Dahabshiil made its word More...

By admin On Thursday, November 23rd, 2017

Somaliland: Money remittance firm Dahabshiil trains staff on money laundering risks

Money remittance firm Dahabshiil Kenya has scaled up efforts to counter risks posed by money laundering as it eyes a bigger share of the multi-billion shilling diaspora remittance inflows. The staff and agents More...

By admin On Wednesday, November 22nd, 2017

Work starts on new UAE naval base in Somaliland

Divers Marine Contracting begins construction after winning $90m contract in April   The facility, being built near the regional port of Berbera, is expected to be completed by June. Divers Marine Contracting More...

By admin On Friday, November 17th, 2017

Arsenal supports WorldRemit as first-ever official online money transfer partner

Van Persie salutes the Emirates Stadium after scoring his 100th Arsenal goal. Reuters WorldRemit becomes the first Official Online Money Transfer Partner of the Premier League club, Arsenal. The burgeoning digital More...