Paymentology partners Salaam Bank’s Waafi mobile app
Paymentology's cloud-first card issuing and analytics platform enables Waafi by Salaam Bank to introduce digital and physical cards in Somalia.
Lezeth Khoza
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Somali Hafide fintech joins UNDP's Timbuktoo accelerator
Somaliland startup was chosen from over 800 applicants to participate in the famed Timbuktoo Fintech Accelerator program in Lagos.
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Somali Bank partners Visa to introduce debit, prepaid cards
This collaboration aims to increase the speed, efficiency, and security of digital payments in Somalia, making transactions easier.
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MasterCard to onboard 100k Somalis into digital economy
The tech company says this supports its commitment to work with financial institutions to bring more people into the digital economy.
2:30
Hormuud Telecom secures Somalia’s first spectrum licence
Authorities said with various spectrum bands already in use across the country, licences will be issued upon application and not by auction.
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New pan-African datacentre firm announces US$500m-plus investment
Newly established WIOCC Group company Open Access Data Centres charts growth course, beginning with Nigeria, South Africa and Somalia.
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Hormuud Telecom announces plan to expand 4G network
Company will focus on rural areas and is aiming for nationwide coverage by 2023.
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Hormuud Telecom launches Somalia’s first mobile money application
WAAFI Fintech app launches as telco expands digital infrastructure across the country.
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Hormuud Telecom secures Somalia’s first ever mobile money licence
Telco’s mobile money platform EVC Plus now regulated and financially backed by the Central Bank.
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Somalia closer to establishing first telecoms regulator
Govt to roll out phased project in collaboration with telecoms operators and World Bank.
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Former Verizon exec backed as DG of Somalia's Comms Authority
Abdi Sheik Ahmed has been endorsed to lead the country's first communications regulator.
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Dalkom Somalia, Intelsat SA link up on satellite services
Multi-year agreement in place to facilitate broadband enterprise and direct-to-home services.
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Somalia's mobile money market counts cost of civil conflict
Analysts identify conflict, lack of regulation as 'pain points' affecting East African country's remittance and mobile money service.