Daring to be optimistic for the Somali race! a richness without borders through a vast program of natural resources extraction with good economic governance that includes full transparency!
Jointly co-authored by Mohd Faisal Hawar and Mohamoud Faisal Hawar, both Oil...
By Goth Mohamed Goth
The Dahabshiil Group companies have pledged to contribute funds for the construction of a mosque for the Muslim and Somali communities in Kakuma refugee camp, Kenya.
A delegation from Kenya who came to Hargeisa to fund-raise for...
Somcable Fiber-optic 20 year telecommunications monopoly is curtailed
By M.A. EGGE
The 20 years Somcable quota to distribute fiber-optic internet service has just had their monopoly curtailed.
Following a parliamentary amendment whose motion was reportedly tabled by 20 MPs, the Telecommunication Law...
Raysut Cement is planning to set up a joint venture (JV) cement grinding plant in Barbara, Somaliland with an estimated project cost of US$40mn.
‘Raysut Cement and MSG Group of Companies Limited have agreed to establish a cement grinding unit...
Caption: Mr. Abdirashid Duale, the CEO of Dahabshiil Group of Companies speaking to BBC Focus on Africa Programme regarding the Global Food Security Summit
Image: HANDOUT
“Most of the money needed to finance the energy transition is going to come from...
Las Anod, June 27, 2009 (Somalilandcurrent) -- The Central Bank of Somaliland (CBS) opened its first branch in Las Anod, the regional capital of Sool on Friday. The branch will introduce Somaliland currency to the region and will...
The Director General of Central Bank of Somaliland Mr. Mohamed Qassim Hussein has been on an official visit to Ethiopia and Djibouti.
He led a delegation of financiers to meet with his Ethiopian counterpart Mr. Mamo Mihretu.
During their meeting in...
We have talked about the resistance to a cashless society in places like the United States and Germany. However, in Africa, this phenomenon is much more widespread.
For example, in a landlocked African country like Zimbabwe, where inflation has soared...
Somalia is among the many African countries who have benefited from remittance from their Diaspora population. The existence of remittances economy in Somalia was boosted by two main factors: the rapid growth of a migrant workforce from the early...
By Adan Ahmed Hirad
The recent establishment of the first international bank in Mogadishu, Somalia, marks a significant milestone in the country's financial landscape. Ziraat Katilim Bank of Turkey has opened its doors in the heart of the nation's capital,...