Kenya’s Safaricom Makes History as First Foreign Telecom to Launch Mobile Money in Ethiopia – The Somalia Investor Magazine
In a historic move, the National Bank of Ethiopia has issued a license to Kenya’s telecom giant Safaricom to operate ...
Tag: Somalia
South Africa accused of providing arms to Russia – The Somalia Investor Magazine
The US ambassador to South Africa has accused the country of providing weapons and ammunition to Russia for its war ...
Hirshabeelle President meets with representatives from various UN agencies operating in Somalia – Somali National News Agency
Mogadishu, SONNA)-: In a bid to address the catastrophic flooding that has ravaged the town of Baladweyne and its surrounding ...
Tanzania’s coal exports rise seven-fold to hit $224m – The Somalia Investor Magazine
Europe’s energy crisis caused by the invasion of Ukraine by Russia has seen Tanzania coal exports record a seven-fold jump ...
I&M Bank Loses $10.3 Million to Fraudulent Customer Withdrawals – The Somalia Investor Magazine
In a shocking turn of events, I&M Bank Rwanda suffered a significant loss of $10.3 million due to fraudulent customer ...
Zimbabwe Launches Gold-Backed Digital Tokens to Tackle Inflation – The Somalia Investor Magazine
Zimbabwe’s central bank has launched a new gold-backed digital token, which it says will expand the value-preservation instruments available in ...
South Sudan’s Economic Ruin Looms as Sudan Conflict Threatens Oil Exports – The Somalia Investor Magazine
As fighting in Sudan continues, neighboring South Sudan faces an economic crisis due to the potential threat the conflict poses ...
Starlink expresses interest in operating in Somalia – Somali National News Agency
Mogadishu, SONNA)-: After a recent online meeting between the National Communications Authority (NCA) and Starlink, the satellite internet company has ...
Central Bank of Kenya Launches Standardized QR Code for Digital Payments – The Somalia Investor Magazine
On Wednesday, the Central Bank of Kenya (CBK) announced the release of the Kenya Quick Response (QR) Code Standard 2023, ...
UN migration agency seeks funding to help migrants in Somalia – The Somalia Investor Magazine
The International Organization for Migration (IOM) has urgently appealed for funding to assist migrants facing life-threatening risks in Somalia. Funding ...
