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.
Staff Writer

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.

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.

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.

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.

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.