Central Bank leads operation ridding frontier town of illegal money changers in bid to maintain rates stability
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
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
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...
Dahabshiil, Mpesa Ethiopia sign diaspora money transfers deal
To allow direct sending of money from abroad.
In Summary
•Ethiopia generates more than $5 billion (Sh646.9 billion) in remittances annually.
•Dahabshiil, which operates in more than...
M-PESA Partners with Dahabshiil for Easier Money Transfers to Ethiopia
Ethiopians abroad can now send money directly to M-PESA wallets following Safaricom’s partnership with Dahabshiil.
In a move that will simplify sending money to Ethiopia,...
