Somalia
Somalia Has the Lowest Mobile Data Costs in Africa, According to Research
One of Somalia’s largest telecommunications providers, Hormuud Telecoms has announced that it’s aiming to reach 100% of the Somali population with mobile money financial services. Telecommunications have grown substantially in Somalia over the past 10 years. With over 11 different providers now present in the market, the average costs of 1GB bundles have fallen to the lowest levels compared with any other nation in Africa or the Middle East. For a country long affected by civil war and unrest, the news offers a rare insight into the changing shape of the business community within Somalia. In Somali urban centres, mobile money penetration now stands at over 80%. Even in rural Somalia the mobile money penetration rate of 55%. A World Bank report published i...
UN: Somalia faces dire threats from conflict, natural disasters, coronavirus
The U.N. High Commissioner for Refugees is appealing for strong International support to help millions of Somalis facing a growing number of catastrophic threats from conflict, natural disasters and the potential spread of COVID-19. More than 220,000 Somalis have fled their homes this year because of drought, heavy flooding and increased violence and atrocities by al-Shabab militants. This brings the total number of those forced from their homes in the country to 2.6 million. The U.N. refugee agency UNHCR says the conflict and natural and climate-related disasters are crippling the country’s economy and threatening the safety and welfare of the displaced Somalis. It warns impending desert locust swarms, which have been creating havoc across parts of East Africa, could destroy much of the n...
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