Africa's Youth Driving Innovation
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Somaliland – Interest-Free but Not Yet Shari’Ah-Compliant Economy/ R.Bekkin // New Horizon
Bekkin R. Somaliland – Interest-free but not yet Shari’ah-compliant economy/ R.Bekkin // New Horizon. – 2007 (1428). – No. 166. – October-December (Shawwal-Dhu al-Hijjah). – P. 46-49. Somaliland - Interest free but not yet Shari’ah-compliant economy R. Bekkin Having survived a civil war and living in international isolation, Somaliland, a de facto independent state in the territory of Somalia, is gradually developing its financial sector. The banking services are interest-free in this entirely Muslim republic. But does it mean they are Shari’ah-compliant? Renat Bekkin, PhD in Law, senior researcher at the Institute for African Studies of the Russian Academy of Sciences, reports. In 1991, the unified country of Somalia de facto ceased to exist. The civil war, which had broken out three years earlier, had led to the break up of the state into three separate areas: Somaliland, Puntland and Somalia. At the time one could hardly call the former British colony and then province of Somalia – Somaliland – a country. It was virtually a bare territory with its infrastructure completely destroyed by the war. The world community did not rush to recognise the new state and hardly anyone would have predicted that the country would survive. But 16 years on, Somaliland continues to exist as a state despite international political isolation and weak central government. The main source of welfare for Somaliland's citizens is not international aid, but money sent by their relatives from abroad. Because of the underdevelopment of the financial sector, money transfer operators have practically taken on the role of banks. -
S/2016/919 Consejo De Seguridad
Naciones Unidas S/2016/919 Consejo de Seguridad Distr. general 31 de octubre de 2016 Español Original: inglés Carta de fecha 7 de octubre de 2016 dirigida al Presidente del Consejo de Seguridad por el Presidente del Comité del Consejo de Seguridad dimanante de las resoluciones 751 (1992) y 1907 (2009) relativas a Somalia y Eritrea En nombre del Comité del Consejo de Seguridad dimanante de las resoluciones 751 (1992) y 1907 (2009) relativas a Somalia y Eritrea, y de conformidad con lo dispuesto en el párrafo 32 de la resolución 2244 (2015) del Consejo de Seguridad, tengo el honor de transmitir adjunto el informe sobre Somalia del Grupo de Supervisión para Somalia y Eritrea. A este respecto, el Comité agradecería que la presente carta y el informe adjunto se señalaran a la atención de los miembros del Consejo de Seguridad y se publicaran como documento del Consejo. (Firmado) Rafael Darío Ramírez Carreño Presidente Comité del Consejo de Seguridad dimanante de las resoluciones 751 (1992) y 1907 (2009) relativas a Somalia y Eritrea 16-16743 (S) 021116 021116 *1616743* S/2016/919 Carta de fecha 28 de septiembre de 2016 dirigida al Presidente del Comité del Consejo de Seguridad dimanante de las resoluciones 751 (1992) y 1907 (2009) relativas a Somalia y Eritrea por el Grupo de Supervisión para Somalia y Eritrea De conformidad con el párrafo 32 de la resolución 2244 (2015) del Consejo de Seguridad, tenemos el honor de transmitir adjunto el informe sobre Somalia del Grupo de Supervisión para Somalia y Eritrea. (Firmado) Christophe Trajber Coordinador -
A Third Way for Financial Inclusion Via Mobile
Dahabshiil Financial Services An unrivalled, fast and reliable global money transfer service Remittance Providers A Third Way for Financial Inclusion via Mobile Abdirashid Duale Dahabshiil Group Chief Executive Officer 118 Cavell Street London E1 2JA, United Kingdom [email protected] Introduction • Dahabshiil is an international remittance company – Presence in both send and receive markets – We are almost everywhere – even remote areas. • We are an African business – Majority of our staff are migrants from Africa – We understand the African context better than anyone. – In business 40 years 2 A Third Way: Remittance Providers Bank Led MNO Led •Domestic agent network •Existing relationship with •Strong compliance local customers experience •Compliance challenges •Remittance companies can •Many financial services •Difficulty with bridge many of the limitations •Weak agent network international transfers •Work with banks and MNOs •Little profit in migrant business 3 Scaling Up Challenges • Need to build relationships with How UK government can help: partners (MNOs) to link m- Encourage the business case wallets to our system with MNOs and remittance • This will help us reduce cost to providers poor customers receiving • like M-PESA and DfID Infrastructure remittances How UK government can help: • Harmonisation of compliance Provide technical assistance to rules across countries African countries • Proportionate customer ID rules Help them to implement best like in South Africa. Customers Regulation are majority migrants. practises in remittance regulating 4 Beyond Financial Services • We are a migrant run business – Understand migrant’s needs • Improves link between migrants here with Africa – Prompted migrants to launch own businesses – Take best solutions from here back home • We unify disparate groups – People from different tribes now have business relationship through us – employees from all tribes. -
Following Mobile Money in Somaliland Gianluca Iazzolino Rift Valley Institute Research Paper 4
rift valley institute research paper 4 Following Mobile Money in Somaliland gianluca iazzolino rift valley institute research paper 4 Following Mobile Money in Somaliland gianluca iazzolino Published in 2015 by the Rift Valley Institute (RVI) 26 St Luke’s Mews, London W11 1Df, United Kingdom. PO Box 52771, GPO 00100 Nairobi, Kenya. the rift VALLEY institute (RVI) The Rift Valley Institute (www.riftvalley.net) works in Eastern and Central Africa to bring local knowledge to bear on social, political and economic development. the rift VALLEY foruM The RVI Rift Valley Forum is a venue for critical discussion of political, economic and social issues in the Horn of Africa, Eastern and Central Africa, Sudan and South Sudan. the author Gianluca Iazzolino is a PhD candidate at the Centre of African Studies (CAS) at the University of Edinburgh and a fellow of the Institute of Money, Technology and Financial Inclusion (IMTFI) at the University of California Irvine. His research focuses on Kenya, Uganda and Somaliland, focusing on ICT, financial inclusion and migration. RVI executive Director: John Ryle RVI horn of africa & east africa regional Director: Mark Bradbury RVI inforMation & prograMMe aDMinistrator: Tymon Kiepe rvi senior associate: Adan Abokor eDitor: Catherine Bond Design: Lindsay Nash Maps: Jillian Luff, MAPgrafix isBn 978-1-907431-37-1 cover: Money vendors sit behind stacked piles of Somaliland shillings in downtown Hargeysa, buying cash in exchange for foreign currency and ‘Zaad money’. rights Copyright © The Rift Valley Institute 2015 Cover image © Kate Stanworth 2015 Text and maps published under Creative Commons license Attribution-NonCommercial-NoDerivatives 4.0 International www.creativecommons.org/licenses/by-nc-nd/4.0 Available for free download at www.riftvalley.net Printed copies available from Amazon and other online retailers, and selected bookstores. -
Content Remains King, but Youtube Builds the Throne of the Future Content Creation May Have the Lowest of All Barriers to Entry
Sector Bulletin_ Digital Media and Internet Technology_ March 2014_ Content Remains King, but YouTube Builds the Throne of the Future Content creation may have the lowest of all barriers to entry. Anyone with access to a smartphone and wi-fi can create and distribute endless GBs of content. However, replicating this process at scale, demonstrating audience reach, authentication and measurement and then syndicating this content, that same list of creators contracts to a few. Fewer still are the options available to a producer to reach a mass audience in today’s increasingly fragmented, device agnostic world. Available platform alternatives include obtaining distribution with a major cable television or satellite operator, partnering with an over the top (OTT) provider such as Netflix, Hulu or Amazon, or joining one of thousands of multi-channel networks on YouTube . Distribution Alternatives National Cable Distribution Nirvana for any producer or content creator is signing a distribution agreement with a cable, telco or satellite provider. In October 2013, music mogul Sean Combs launched Revolt TV, filling the void of music television left by MTV. Revolt launched on both Comcast and Time Warner Cable to 25 million subscribers. It is rare for a new, non-repurposed cable channel to obtain national distribution. In addition to Combs’ celebrity (he produced a number of hit shows for MTV in the 2000s), the fledgling network looks to rely upon a strong online and social presence. The hope is the latter could help mitigate the cable TV boogieman of “cord cutting” or removal of cable service for other online or OTT alternatives. -
Effect of Holidays on Money Remittance Organizations: a Case Study of Dahabshiil Money Transfer Company Limited by Abdirizak
EFFECT OF HOLIDAYS ON MONEY REMITTANCE ORGANIZATIONS: A CASE STUDY OF DAHABSHIIL MONEY TRANSFER COMPANY LIMITED BY ABDIRIZAK MOHAMUD HASSAN UNITED STATES INTERNATIONAL UNIVERSITY – AFRICA SUMMER 2018 EFFECT OF HOLIDAYS ON MONEY REMITTANCE ORGANIZATIONS: A CASE STUDY OF DAHABSHIIL MONEY TRANSFER COMPANY LIMITED BY ABDIRIZAK MOHAMUD HASSAN A Research Project Report submitted to the Chandaria School of Business in Partial Fulfillment of the Requirement for the Degree of Masters in Business Administration (MBA) UNITED STATES INTERNATIONAL UNIVERSITY- AFRICA SUMMER 2018 STUDENT’S DECLARATION I, the undersigned, declare that this is my original work and has not been submitted to any other college, institution or university other than the United States International University in Nairobi for academic credit. Signed: ________________________ Date: _________________________ Abdirizak Mohamud Hassan (ID 622238) This project has been presented for examination with my approval as the appointed supervisor. Signed: ________________________ Date: _________________________ Mr. Kepha Oyaro Signed: _______________________ Date: _________________________ Dean, Chandaria School of Business ii COPYRIGHT All rights reserved. No part of this project may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without permission from the author. © Abdirizak Mohamud Hassan 2018 iii ABSTRACT Money remittance plays a critical role in the economic development of Kenya as well as source of income to the recipients. Money remittance companies acts a go between the senders and recipients at both diaspora and local community. One of the major factors that influence operations of money remittance companies is bank holidays. Thus the study aims at establishing the effect of long holidays on Dahabshiil. -
Impact Case Study (Ref3b) Institution: SOAS
Impact case study (REF3b) Institution: SOAS Unit of Assessment: 24B Anthropology and Development Studies: Development Studies Title of case study: Championing and Progressing the Campaign to Protect Remittance Flows between the UK and the Somali Territories (Laura Hammond and Anna Lindley) 1.Summary of the impact (indicative maximum 100 words) Remittances to the Somali territories and money transfer companies in the region have long been viewed with distrust by banking regulators, who see them as a conduit for terrorist financing. SOAS research into remittance flows in the Somali territories helps address such distrust, revealing that remittances are used primarily for basic needs, while larger donations finance projects that contribute to the re-building of a region riven by conflict. Following a decision by Barclays to close accounts of UK money service providers operating in Somali territories, SOAS research has been critical to an NGO-led campaign garnering widespread support to keep remittance channels open. 2. Underpinning research (indicative maximum 500 words) SOAS research on remittances to the Somali territories has been conducted by Drs Laura Hammond and Anna Lindley, who joined SOAS in 2007 and 2010 respectively. Hammond‟s research interests include food security, conflict, forced migration and diasporas, regionally focused on the Horn of Africa, particularly Ethiopia and Somalia, where she lived between 1993 and 1999. She began researching outward, voluntary and forced migration from Somali territories in 1998 and soon became interested in how remittances not only provided a lifeline for those who remained in the Horn, but also facilitated and strengthened long-distance social relationships. This interest motivated the writing of her 2010 article (output e), which examines the pressures placed upon Somali immigrants and refugees to support relatives back home, while simultaneously highlighting how remittances inform the life decisions of both senders and receivers. -
Los Flujos De Remesas Vitales Para Somalia Están En Peligro
NOTA INFORMATIVA CONJUNTA DE AGENCIAS 19 DE FEBRERO DE 2015 Una comerciante del mercado de Hargeisa sirve una taza de leche de camello fresca. Normalmente, estas pequeñas empresarias dependen del dinero de las remesas para poder establecer sus puestos. Foto: Petterik Weggers/Oxfam PENDIENTES DE UN HILO Los flujos de remesas vitales para Somalia están en peligro Cada año, Somalia recibe aproximadamente 1.300 millones de dólares en concepto de remesas –el dinero que envían los somalíes en la diáspora a los seres queridos que viven en su país–. Las remesas constituyen entre el 25% y el 45% de la economía somalí, y superan la cuantía total que recibe el país en concepto de ayuda humanitaria, ayuda para el desarrollo e inversión extranjera directa. Los OTD somalíes están viendo cómo se cierran sus cuentas bancarias, y sin ellas las familias somalíes se están quedando sin el único cauce formal y transparente para el envío de fondos. Somalia necesita financiación a largo plazo para crear unas instituciones sostenibles, así como ayuda urgente para mantener los actuales flujos de remesas que recibe el país. 1 INTRODUCCIÓN Cuando las familias somalíes acuden a la sucursal local de los operadores de Cada año, Somalia1 transferencia de dinero (OTD) para retirar los fondos que les envían sus recibe parientes desde Minneapolis, Toronto, Londres, Melbourne, Nairobi, aproximadamente 1.300 millones de Copenhague y otros lugares en el extranjero, lo hacen con la esperanza de que dólares en remesas, no sea ése el mes en que el dinero no llega. que constituyen entre el 25% y el 45% de la Los OTD calculan que más del 80% del capital inicial de los pequeños negocios economía del país. -
The Reimagined Paradise: African Immigrants in the United States, Nollywood Film, and the Digital Remediation of 'Home'
THE REIMAGINED PARADISE: AFRICAN IMMIGRANTS IN THE UNITED STATES, NOLLYWOOD FILM, AND THE DIGITAL REMEDIATION OF 'HOME' Tori O. Arthur A Dissertation Submitted to the Graduate College of Bowling Green State University in partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY August 2016 Committee: Radhika Gajjala, Advisor Patricia Sharp Graduate Faculty Representative Vibha Bhalla Lara Lengel © 2016 Tori O. Arthur All Rights Reserved iii ABSTRACT Radhika Gajjala, Advisor This dissertation analyzes how African immigrants from nations south of the Sahara become affective citizens of a universal Africa through the consumption of Nigerian cinema, known as Nollywood, in digital spaces. Employing a phenomenological approach to examine lived experience, this study explores: 1) how American media aids African pre-migrants in constructing the United States as a paradise rooted in the American Dream; 2) immigrants’ responses when the ‘imagined paradise’ does not match their American realities; 3) the ways Nigerian films articulate a distinctly African cultural experience that enables immigrants from various nations to identify with the stories reflected on screen; and, 4) how viewing Nollywood films in social media platforms creates a digital sub-diaspora that enables a reconnection with African culture when life in the United States causes intellectual and emotional dissonance. Using voices of members from the African immigrant communities currently living in the United States and analysis of their online media consumption, this study ultimately argues that the Nigerian film industry, a transnational cinema with consumers across the African diaspora, continuously creates a fantastical affective world that offers immigrants tools to connect with their African cultural values. -
Following Mobile Money in Somaliland Gianluca Iazzolino Rift Valley Institute Research Paper 4
rift valley institute research paper 4 Following Mobile Money in Somaliland gianluca iazzolino rift valley institute research paper 4 Following Mobile Money in Somaliland gianluca iazzolino Published in 2015 by the Rift Valley Institute (RVI) 26 St Luke’s Mews, London W11 1Df, United Kingdom. PO Box 52771, GPO 00100 Nairobi, Kenya. the rift VALLEY institute (RVI) The Rift Valley Institute (www.riftvalley.net) works in Eastern and Central Africa to bring local knowledge to bear on social, political and economic development. the rift VALLEY foruM The RVI Rift Valley Forum is a venue for critical discussion of political, economic and social issues in the Horn of Africa, Eastern and Central Africa, Sudan and South Sudan. the author Gianluca Iazzolino is a PhD candidate at the Centre of African Studies (CAS) at the University of Edinburgh and a fellow of the Institute of Money, Technology and Financial Inclusion (IMTFI) at the University of California Irvine. His research focuses on Kenya, Uganda and Somaliland, focusing on ICT, financial inclusion and migration. RVI executive Director: John Ryle RVI horn of africa & east africa regional Director: Mark Bradbury RVI inforMation & prograMMe aDMinistrator: Tymon Kiepe rvi senior associate: Adan Abokor eDitor: Catherine Bond Design: Lindsay Nash Maps: Jillian Luff, MAPgrafix isBn 978-1-907431-37-1 cover: Money vendors sit behind stacked piles of Somaliland shillings in downtown Hargeysa, buying cash in exchange for foreign currency and ‘Zaad money’. rights Copyright © The Rift Valley Institute 2015 Cover image © Kate Stanworth 2015 Text and maps published under Creative Commons license Attribution-NonCommercial-NoDerivatives 4.0 International www.creativecommons.org/licenses/by-nc-nd/4.0 Available for free download at www.riftvalley.net Printed copies available from Amazon and other online retailers, and selected bookstores. -
TEFFEST | Nov 2019 1 2 TEFFEST | Nov 2019
TEFFEST | Nov 2019 1 2 TEFFEST | Nov 2019 Only the Chairman Can. The New Heineken Sleek Can. ENJOY RESPONSIBLY. NOT FOR SALE TO PERSONS UNDER THE AGE OF 18. www.insightpublicis.com aaan.0051 3 TEFFEST | Nov 2019 27 CONTENTS TEFFEST MODERATORS 2019 4 21 THE CONVENER ADVERT PAGE 28 SPEAKERS AT YOUNG 8 23 ENTERTAINERS INTRODUCING TEFFEST 2019 CONFERENCE THE VISION AGENDA 31 10 24 SPEAKERS AT THE ABOUT TEFFEST VISUAL RUN THROUGH THE BUSINESS/INDUSTRY OF THE FESTIVAL SEMINAR 16 THE DREAM TEAM 26 ANGEL INVESTORS TEFFEST | Nov 2019 4 35 HOW DIDDY USED HIS FAME TO MAKE MILLIONS. 37 SPEAKERS AT VETERANS CONFERENCE 40 SPECIAL GUEST APPEARANCE THE CONVENER OMOTOLA JALADE EKEINDE aka OMOT Popularly called Omosexy( born February 7,1978) is a multiple award winning Nigerian actress,Director,Singer, founder Omotola youth empowerment programme (Oyep) ,UNwfp ambassador and Amnesty international Activist. Cited by CNN as an example of the worldwide and has carved a niche 5th sexiest accent in the world, for herself as one of Africa’s Biggest the Screen Nation Best actress and screen goddesses. Beffta Film Icon is one of the most Intriguing women to ever grace the Omotola who was nicknamed the African screen. Cinema Box office Queen is cur- rently one the African Artistes with Married to Capt matthew Ekeinde highest combined following on the an Airline pilot since 1996,Omotola Internet. has 4 kids. She is the first ever celebrity in Omotola won her first Awards for Africa to Hit and surpass the 1m her portrayal of a sickle cell patient likes on Facebook ~ @Realomosexy. -
Final Version
e ” Transforming Agriculture for Wealth Creation in Africa African Development Bank Provisional Programme Ahmedabad, India, 22 – 26 May 2017 Transforming Agriculture for Wealth Creation in Africa Saturday 20th & Sunday 21st May 2017, from 9:00 - 17:00: Registration of participants MONDAY 22 MAY 2017 Time Events Venue 07:30 – 17:00 Registration of Participants Accreditation 09:00 – 18:00 Recording of Governors’ Statements MRB00 Governors Village 10:00 – 18:00 Exhibition by Companies Exhibitors Area Flagships Release: The 2017 African Economic Outlook (AEO) Moderator: Wallace Kantai, NTV, Kenya Short statements about the 2017 AEO: Mr. Abebe Shimeles, Ag., Macroeconomics Policy, Forecasting and Research, AfDB Mr. Mario Pezzini, Director, OECD Development Centre, Paris 10:00 – 11:30 Dr. Abdalla Hamdok, Acting Executive Secretary, Economic Commission for Africa Seminar Hall 4 (ECA) Mr. Abdoulaye Mar Dieye, Assistant Administrator and Director of the Regional Bureau for Africa at the United Nations Development Programme Short Ministerial Comments: H.E. Mr. Philip Mpango, Minister of Finance, Tanzania H.E. Mr. Mouatassem Boudiaf, Minister Delegate to the Minister of Finance for the Digital Economy and Modernization of Financial Systems, Algeria 11:30 – 12:30 Press Conference Seminar Hall 2 Book launch : “Beating the Odds : Jump-Starting Developing Countries” Moderator: Ms. Julie Gichuru, KBC 11:30 – 13:00 Panelists Seminar Hall 4 Dr. Célestin Monga, Vice-President and Chief Economist, AfDB Prof. Justin Yifu Lin, Director, Center for New Structural Economics, Peking Peking University Dr. Ngozi Okonjo-Iweala, Board Chair, Gavi 12:00 – 13:30 Seminar Hall 3 Africa-India Cooperation on Enhancing the High 5 Strategy: Marker Session PAGE | 2 ___________________________________________________________________________________________________________________________________________ NB: All events are open to all participants with the exception of Meetings of Statutory Organs.