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A service for finance industry professionals · Thursday, March 27, 2025 · 797,546,056 Articles · 3+ Million Readers
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Somalia Finance Industry Newswire

  • Published on 00:52 GMT

    City of Boston Announces $1 Million Investment to Expand Digital Literacy Across Boston

    Monday, March 24, 2025 - Mayor Michelle Wu, Congresswoman Ayanna Pressley and the Office of Workforce Development (OWD) last week announced a $1 million investment to expand the City’s Digital Literacy (DigLit) Initiative, a critical initiative that helps …

    Distribution channels: U.S. Politics
  • Published on Mar 26, 2025

    Government by social media in Somalia

    Thirty years ago, making a phone call from Somalia meant crossing the border into better-connected Kenya or Ethiopia. Yet by 2004 the lawless nation had more telephone connections per capita than any other east African country. Today, the Somali state is …

    Source: Mint - Neutral
  • Published on Mar 25, 2025

    The GCC’s expanding footprint in Africa: Trade, investment, and geopolitical influence

    By Seade CAESAR The Gulf Cooperation Council (GCC), comprising Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Bahrain, and Oman, has significantly increased its engagement with Africa in recent years. This expansion is driven by economic …

    Source: Business and Financial Times - Label Pending
  • Published on Mar 26, 2025

    Agriculture Committee adopts two decisions to enhance transparency, notifications

    Tariff-Rate Quotas (TRQs) allow a specified quantity of a product to be imported at a lower tariff rate, while any quantity exceeding that limit is subject to higher tariffs. Triennial reviews of Nairobi and Bali decisions The Chair announced that members …

    Distribution channels:
  • Published on Mar 25, 2025

    Israel-Somaliland strategically bonded.

    In the changing geopolitics of the Horn of Africa, strategic interests are drawing Israel and Somaliland closer, fostering between them a relationship founded on shared security threats and interests. Both territories, by being situated athwart major …

    Source: The Times of Israel - Neutral
  • Published on Mar 25, 2025

    Somalia introduces nationwide instant payment system 

    The Somalia Payment Switch (SPS1), payments infrastructure under Central Bank of Somalia, has introduced an Instant Payment System that includes support for QR payments, powered by BPC’s SmartVista platform.  The initiative, described as the “country’s …

    Source: Electronic Payments International - Label Pending
  • Published on Mar 25, 2025

    Somalia launches nationwide instant payment system with QR support

    By Gloria Methri Today Africa Bpc Central Bank of Somalia Somalia has introduced its first-ever instant payment system, making digital transactions faster, safer, and more accessible for citizens. The Somalia Payment Switch (SPS1), backed by the Central …

    Source: IBS Intelligence - Neutral
  • Published on Mar 24, 2025

    For Somali Diasporans "Returning Home," Kenya is the Next Best Thing

    When Abdirizaq Hassan, 45, packed up his life in Los Angeles in 2020 and boarded a flight to Nairobi, he knew he was making a major change. After decades in the U.S., building a career in music and later fashion, it still felt like something was missing. …

    Source: OkayAfrica - Neutral
  • Published on Mar 24, 2025

    Somalia joins Afreximbank to boost intra-African trade, economic growth

    MOGADISHU, March 24 (Xinhua) -- Somalia officially became the 53rd member of the African Export-Import Bank (Afreximbank) on Monday, as the East African country seeks to boost intra-African trade and economic growth. The African multilateral financial …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Mar 24, 2025

    5 Dead After Kenyan Cargo Plane Crashes In Somalia

    On March 22, the Somali Civil Aviation Authority (SCAA) announced that a De Havilland Aircraft of Canada DHC-5D Buffalo in the care of Trident Aviation Ltd. with the registry 5Y-RBA went down about 24 kilometers (14.9 miles) from the Somalia capital of …

    Source: Simple Flying - Neutral
  • Published on Mar 22, 2025

    Somali pirates free Yemeni-flagged vessel after days in captivity

    MOGADISHU, March 22 (Xinhua) -- Somali pirates have released a Yemeni-flagged fishing dhow that was seized on March 16 in the pirate-infested waters off the coast of Somalia, the European Union Naval Force (EUNAVFOR) confirmed Friday evening. EUNAVFOR …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Mar 22, 2025

    Rebuilt canals help Somali farmers combat drought and flooding

    Saturday March 22, 2025 Ali Abshir Ahmed, a farmer, checks water flowing into an irrigation canal in Afgoye, Somalia, on 4 December 2024. FAO/Arete/Mohamed Mohamud Abdi. Mogadishu (HOL)  — In Afgooye, just north of Mogadishu, the sound of flowing …

    Source: Hiiraan Online - Neutral
  • Published on Mar 25, 2025

    Argentinian FinTech Ualá secures additional $66m to fuel expansion

    By Gloria Methri Today Allianz X Argentina Credit Score Ualá, the Latin American neobank, has extended its Series E funding round driven by investor demand, securing an additional $66 million and bringing the total raised to $366 million. The initial close …

    Source: IBS Intelligence - Neutral
  • Published on Mar 25, 2025

    Western Union taps HCLTech for AI, cloud, and digital transformation

    By Gloria Methri Today AI Cloud Digital Transformation HCLTech and Western Union have announced a strategic partnership to drive innovation and transformation in the financial services industry. The strategic collaboration establishes HCLTech as Western …

    Source: IBS Intelligence - Neutral
  • Published on Mar 25, 2025

    Daily Business Report: Tuesday, March 25th, 2025

    By Evan Symon | The California Globe A new David Wolfson/Madison McQueen poll released this week found that nearly half of all Californians are now considering voting for a Republican for Governor in 2026, a significant boost up from the 40.8% garnered …

    Source: San Diego Metropolitan Magazine - California - Neutral
  • Published on Mar 26, 2025

    Stunning end to a long career: North Minneapolis charter school names interim leader after firing founder

    This story comes to you from Sahan Journal through a partnership with MPR News. Use the audio player above to listen to a conversation between Sahan Journal education reporter Becky Dernbach and MPR News host Nina Moini. This conversation was produced by …

    Source: KNOX Radio - North Dakota - Neutral
  • Published on Mar 26, 2025

    How BlackRock and an Italian shipping dynasty are upending Middle East's port business

    Step aside China’s Cosco and the UAE’s Dubai Ports World - the Middle East has a flashy new port power. It’s an alliance between the $11 trillion American asset manager BlackRock and a secretive Italian family that owns the Mediterranean Shipping Company ( …

    Source: Middle East Eye - Uncategorized
  • Published on 02:19 GMT

    Revived US tariffs spark chilling effect

    As the United States imposes tariffs on many countries, even some of its closest allies, businesses in the Middle East are bracing for a chilling effect — a triple threat of depressed oil prices, non-oil export tariffs and high interest rates. While the …

    Source: China Daily Global - Gov't Propaganda
  • Published on Mar 26, 2025

    Q&A: Greater transparency can make fisheries fairer

    Fish are a vital source of protein for many people. Unfortunately, they are a source of local and international conflict for many people, too. These conflicts typically arise from who is catching which fish, where and how they are catching them, and the …

    Source: Dialogo Chino - Neutral

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