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.
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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.
4:20
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.
3:00
Hormuud Telecom announces plan to expand 4G network
Company will focus on rural areas and is aiming for nationwide coverage by 2023.
2:20
Hormuud Telecom launches Somalia’s first mobile money application
WAAFI Fintech app launches as telco expands digital infrastructure across the country.
3:00
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.
1:30
Somalia closer to establishing first telecoms regulator
Govt to roll out phased project in collaboration with telecoms operators and World Bank.
2:00
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.
1:50
Dalkom Somalia, Intelsat SA link up on satellite services
Multi-year agreement in place to facilitate broadband enterprise and direct-to-home services.
2:00
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.
2:00
MasterCard enters Somalia's payments network
A partnership with Premier Bank sees MasterCard payment cards issued and accepted in Somalia.
1:40
Somalia awards e-passport, national ID card contracts
Initiative set to help return “law and order” to the country, says company awarded with contract.
1:50
Glocall Telecoms plans to deploy 4G in Somalia
Somalia joins countries like Angola, Namibia, and South Africa that have launched LTE.