Over a million Somalis, currently living abroad, remit back home an estimated 1.5 billion US Dollars annually. About fourteen Somali companies are offering money transfer services at present. There are a few international money transfer companies venturing in Somali money transfer industry. Somali operators rely exclusively on Somali agents and sub-agents they have.......READ MORE

Bakara market has witnessed tremendous transformation since its humble beginnings in the early 1950s. From a storage area for farmers’ annual yields, Bakara market is now a formalized market that hosts financial institutions, telecommunication companies, import and export firms, public transport terminals, food markets and consumer goods outlets.......READ MORE