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In Africa, COVID-19 crisis puts squeeze on millions who rely on remittances

When the coronavirus began hitting Western economies, it hurt the economies of African countries, too – not only because of a loss in trade and tourism, but also due to a loss in remittances. Hundreds…

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Dahabshiil Position on Coronavirus (COVID-19)

In light of the increasing spread of Coronavirus (COVID-19), we want to update you on the approach we are taking to alleviate the potential impact on remittances service delivery and minimize the risk…

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Become an Agent

Preamble   Dahabshiil is the largest Africa-based money transfer business with agent locations and branches in over 140 countries worldwide. For over 40 years it has provided a valuable lifeline…

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Dahabshiil was founded by Mr. Mohamed Saeed Duale. It started off as a remittance brokerage selling imported goods from Gulf states on behalf of migrant workers and transferring the proceeds back to their families. In the year 1970 Dahabshiil opened its first shop in Burao, the capital city of the Togdheer province in North-West Somalia; now known as Somaliland. Over the next 18 years Mr. Mohamed and his support staff expanded the business making it the leading remittance broker in the Horn of Africa region. In 1988 the Somalia civil war, that broke out forcing more that half a million Somalis to seek refuge in different parts of the world, was a major setback to the business. This however didn’t kill Mr. Duale’s dream. With limited resources, strong network of business associates and his experience, Mr. Duale set up a new remittance venture enabling Somali refugees to send goods back to displaced family members. The influx of Somali population in the United Kingdom enabled…

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