Sombank, a privately owned Islamic bank in Somalia, has selected Temenos, the banking software company, to deploy its Islamic Banking solution in the cloud to accelerate the bank’s digital transformation and create innovative products to [c]
The East African Sub-Marine System (EASSy) has restored services in Mogadishu and surrounding areas within Somalia after a network outage experienced the previous weekend. On Sunday, 26 July 2020 at 07:38 UTC, a shunt fault occurred [c]
The Mogadishu Tech Summit, an annual gathering that focuses on the need for Somalia government, business community, donors, private sector, entrepreneurs and development organizations to apply innovation and technology to drive a sustainable development, is [c]
IBS Bank has partnered with IBS Bank Somali to launch the World Elite Mastercard debit card, providing its high net worth cardholders with a range of benefits and privileges that can be accessed at home [c]
IBS Bank has announced a partnership with Visa to deepen its payments services in Somalia by going live with its acquiring business on the Visa platform. Through the partnership, IBS Bank will accelerate its banking [c]
Kenya Electricity Transmission Company (Ketraco) and Liquid Telecom have signed an agreement to extend affordable internet to Somalia, Ethiopia and Uganda. As part of the deal, Liquid Telecom will lease Ketraco’s electricity transmission lines to [c]
Innovate Ventures has opened the applications phase for the next round of its Hargeisa-based tech accelerator. To date, the programme has graduated 25 startups and has invested almost $50,000 in its graduates. Building on last year’s [c]
Innovate Ventures, a Somali-based tech and business startup accelerator launched in partnership with VC4A, Telesom and the Work in Progress! Alliance, had its second cohort of 10 startups from Somaliland and Somalia graduate from its [c]
Innovate Ventures is for the second year running its tech start-up accelerator, the Innovate Accelerator. Launched in partnership with VC4A, Telesom and Oxfam as part of Work in Progress! project, Innovate Accelerator saw over 180 [c]
Visa has partnered with Somalia’s Premier Bank as part of a wider strategic agreement to strengthen formal banking services in Somalia. As a first step the agreement signed between the two parties will enable Visa [c]
Austria’s Pumpmakers has launched the Pumpmakers Platform, a virtual marketplace that provides individuals, local companies, NGO’s and volunteers with free access to the easy-to-use Do-It-Yourself Solar Pump and a global network to implement projects for everyone [c]
WIOCC, together with Somalia’s Dalkom, have announced the launch of a project to provide connectivity to and from Somalia via the EASSy cable from first quarter of 2014. The project will offer services directly from [c]
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