However, Somali MTOs require bank accounts to help them wire money, and over the past 10 years their access to bank accounts has steadily declined. US regulations require banks to closely scrutinize ...

The Central Bank of Somalia estimates about 1.3 trillion shillings ($56 million) are in circulation, but this includes counterfeit currency printed by warlords who used the fake notes to prop up ...

NAIROBI, KENYA: The World Bank has identified remittances as one of the biggest contributors fueling the economic growth of Somalia. At a forum on Thursday to update the Somali government ...

MOGADISHU, Somalia - Federal Minister Xayir Maareeye, in a Facebook post responding to Puntland Minister of Agriculture Maxamed Cabdiqaadir Doonyaale, has stated that tractors provided by the Federal ...

Thousands of Somali immigrants live near the West Bank campus, and many University students are engaged in the Somali community. “You sacrifice food during the day and try to stay away from anything ...

The MPF is one of the funding windows established under the Somalia Development and Reconstruction Facility , the framework guiding implementation of the country’s ninth National Development Plan. The ...

The Minister of Labour and Social Affairs of Somalia, Yusuf Mohamed, participated in the World Bank and Global Labor Market Conference (GLMC) held in Riyadh, Saudi Arabia.The two-day event gathered 40 ...