Access to finance for MSMEs in Somalia has become an issue since the state lacked an effective government to cater for the financial services. Therefore, the willingness to offer such exceptional services became paramount, leading to the emergence of private financial institutions in Somalia. A decade ago, a group of Somali businesspeople started financial institutions in Somalia to provide commercial financial services […]
Category Archives: Somalia News
Somalia News
Salaam Somali Bank has announced that $4 million has been earmarked for Somali entrepreneurs between 2022 and 2024 to ‘kick-start’ economic growth in the Somalia economy at this year’s Mogadishu Tech Summit The Salaam Entrepreneurs Fund (SEF) aims to cultivate young Somali business people and support existing Micro-, Small and Medium-sized Enterprises (MSMEs) in the […]
Egypt News, Energy, Eritrea News, Ethiopia News, Ghana News, Green Energy, Kenya News, Main, Namibia News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Rwanda News, Somalia News, South Africa News, South Sudan, Togo News, Zimbabwe News
Trends and Events in Africa 2018
by Johan Burger 2018 has been an interesting year for Africa, with various events and trends becoming visible. 2016 saw the effects of the slowdown of China’s economic growth due to its rebalancing of its economy and the end of the commodity price super cycle. 2017 brought some relief. In Africa, 2018 demonstrated a number […]
Djibouti News, Eritrea News, Ethiopia News, Main, Somalia News, Sudan News
Friday@Noon on the Horn of Africa: 2018
by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The Horn of Africa has increasingly become the scene of activity, driven not only by players in the region, but also from abroad. For the purposes of […]