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Somali Company Wins Money Transfer Case Against Barclays Bank

AFRICANGLOBE - In 2012, for the first time, remittances became the largest external financial source to Africa, ahead of foreign direct investment and donor aid. Barclays has denied targeting Somali money transfer companies, arguing that its decision was solely about the internal controls of the money transfer businesses, “not where they send money to”.

Business As Usual/Cash and Compassion – Somali Diaspora Under the Spotlight

Two Somalia-focused events took place in over the last 10 days hot-on-the-heels of the London-Somalia Conference, the outcomes of which have been discussed in...