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.
Jul 7, 2023
Dec 5, 2022
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.
Open Access Data Centres
Nov 25, 2021
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.
Jul 9, 2021
Hormuud Telecom announces plan to expand 4G network
Company will focus on rural areas and is aiming for nationwide coverage by 2023.
Apr 22, 2021
Hormuud Telecom launches Somalia’s first mobile money application
WAAFI Fintech app launches as telco expands digital infrastructure across the country.
Central Bank of Somalia
Mar 2, 2021
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.
Somali National Communications Authority
Feb 27, 2018
Somalia closer to establishing first telecoms regulator
Govt to roll out phased project in collaboration with telecoms operators and World Bank.
Feb 21, 2018
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.
Jun 9, 2017
Dalkom Somalia, Intelsat SA link up on satellite services
Multi-year agreement in place to facilitate broadband enterprise and direct-to-home services.
Dec 17, 2015
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.
Jun 3, 2015
MasterCard enters Somalia's payments network
A partnership with Premier Bank sees MasterCard payment cards issued and accepted in Somalia.
Apr 22, 2014
Somalia awards e-passport, national ID card contracts
Initiative set to help return “law and order” to the country, says company awarded with contract.
Mar 19, 2014
Glocall Telecoms plans to deploy 4G in Somalia
Somalia joins countries like Angola, Namibia, and South Africa that have launched LTE.
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