Dahabshiil is supporting and has contributed to the famine relief campaign in East Africa.The company has donated $100,000 to help the famine hit areas of Somalia and has urged other international businesses to donate to the famine relief efforts currently underway. The Guardian – Some businesses, including British Airways, National Bank of Kuwait and Eli [...]

Selah Hennessy | London Somalia is suffering the “worst humanitarian crisis” in the world, according to the head of the U.N. refugee agency, and aid groups are working hard to make sure millions of people hit by drought have access to food, clean water and medical care. But aid is only one way to help [...]

CEO of Dahabshiil gives keynote speech on global money transfer and telecoms industries at the University of Oxford, UK 1 July 2011 Abdirashid Duale, CEO of Dahabshiil, one of Africa’s largest money transfer companies, gave the keynote address at a conference hosted by Oxford University from 29-30 June. The two day event, the first of [...]

LONDON, May 25, 2011 /PRNewswire/ — Dahabshiil CEO Abdirashid Duale today described Africa Day as a “turning point” for the African economy. This follows recent economic reforms in many African countries which have played a significant role in promoting Africa as a viable business partner in the global market. African governments have worked to liberalise [...]

By Katrina Manson Published: May 24 2011 21:25 | Last updated: May 24 2011 21:25 Steeped in the community: Abdirashid Duale says his family has built the business through understanding its customers and developing a network of outlets Aged eight, Abdirashid Duale would rush back from school to take his place in the family’s small [...]

The event, themed ‘Now I Know’, saw high profile Kenyan and Somali artists and musicians celebrate stories of the Somali Diaspora living in Kenya. The aim was to promote Somali culture and to educate other communities about the struggles and triumphs of Somali immigrants in Kenya. Roberta Russo, Public Information Officer at UNHCR Somalia, said: [...]

LONDON, April 6, 2011 /PRNewswire/ — Abdirashid Duale, CEO of Dahabshiil Group, was invited last week to address graduating masters students at Aalto University School of Economics in Helsinki – an internationally renowned institution for management education currently celebrating its centenary year. The two-hour talk took place on Tuesday 29 March as part of a [...]

LONDON, February 3, 2011 — By handling remittances from the international Somali diaspora, Dahabshiil provides a vital source of income for African communities and in doing so, has become Africa’s largest money transfer company, according to a recent article by the BBC.

In an article titled, ‘Commerce amid the chaos’, The Economist this week referred to the inherent instability of Somalia’s monetary system and described how the country’s banks, in particular Dahabshiil, are helping to resist the steady depreciation of the Somali shilling by facilitating large inflows of foreign capital in the form of remittances.

Zeinab Badawi, BBC — When you land at the clean, tidy airport in Hargeisa, the capital of Somaliland, you feel you could have arrived in any small African state. The police are courteous and wear freshly-pressed uniforms, the Somaliland flag flutters gently in the hot morning breeze, and you move briskly through the airport security. The taxi you take into town is paid for in Somaliland’s currency, the shilling.