Mogadishu is coming to life, again. These days, Mogadishu’s beautiful beaches are a hive of activity. Nestled in the north of the Somali capital is Liido Beach, a popular hangout spot surrounded by beautiful hotels and restaurants. These are a favourite weekend getaway for many local residents, who go there to relax and enjoy their...
November 10, 2026
265 search results for: mobile money
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Somalia telco Hormuud denies Shabaab links
By AGGREY MUTAMBO Somalia’s largest telco is fighting back claims it aided militant groups to attack communication structures in Kenya in exchange for protection. Instead, Hormuud Telecom says it has equally been a victim of the terrorist group, losing staff and property it owns and has not aided the group. Reacting to a report by...
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UN: Al-Shabab remains ‘potent threat’ in Somalia and region
UNITED NATIONS (AP) — Al-Shabab extremists in Somalia remain “a potent threat” to regional peace and are now manufacturing home-made explosives, expanding their revenue sources and infiltrating government institutions, U.N. experts say. The panel of experts’ report to the Security Council, circulated Tuesday, said a significant escalation of U.S. airstrikes targeting al-Shabab militants and leaders...
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‘If I don’t pay, they kill me’: Al-Shabab tightens grip on Somalia with growing tax racket
By Omar Faruk and Max Bearak MOGADISHU, Somalia — The calls from an unknown number had been coming for weeks, but Osman, a household-goods trader in the Somali capital’s largest market, disregarded them — until he got the text message. “Will you pick up our call? Yes or no. This is the mujahideen,” it said. The mujahideen, the...
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Despite controversy, China still bets on technology in Africa
By AGGREY MUTAMBO Allegations of bugging of the African Union headquarters by tech giant Huawei earlier this year appear to have done little to deter Chinese authorities from placing the firm at the centre of its future relations with Africa. In January, the French newspaper Le Monde reported that data from the computer system it installed at...
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Economic Dollarization, growth and role of Central banks in emerging democracies
By Fatheya Yallas In this era of economic codependency having access to international markets is imperative, as emerging democracies such as Somalia and South Sudan find ways to return to international regulatory system an effective monetary policy plays a vital role. Out of the ashes of civil war a failed state has to reconcile differences...
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Don’t overlook Africa’s ‘fragile’ states for social businesses, urge industry experts
A fisherman carries his catch in front of buildings, destroyed during a war, in Hamarweyne district near a fishing port in Mogadishu, Somalia September 14, 2018 REUTERS/Feisal Omar ‘Fragile states’ can still be win-win destinations for those seeking to run profitable businesses that also improve the lives of the needyBy Nita Bhalla NAIROBI, African nations...
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Amazon is targeting customers in Kenya who want to pay in cash
By Abdi Latif Dahir Amazon is tapping into e-commerce customers in Kenya who want to pay for goods in cash. The e-commerce giant has rolled out a service that will allow customers to purchase goods and then pay for them at a local Western Union retail agent. During checkout, a special QR code will be generated that will...
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Mast destruction at Kenya-Somalia border disrupts communication
GARISSA, Kenya, Residents living along the Kenya-Somalia border have been forced to walk a long distance in search of telecommunication network following the destruction of local mobile phone service providers’ masts by suspected al-Shabab militants. The strange turn of events has seen people struggling to communicate with the outside world as well as missing out...
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Iran is new transit point for Somali charcoal in illicit trade taxed by militants: U.N. report
FILE PHOTO: A Somalian soldier walks past a consignment of charcoal destined for the export market in Barawe October 12, 2014. REUTERS/Feisal Omar (SOMALIA)/File Photo UNITED NATIONS (Reuters) – Criminal networks are using Iran as a transit point for illicit Somali charcoal exports that earn Islamist militants al Shabaab millions of dollars annually in tax,...