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The 23rd World Economic Forum on East Asia: Philippine President Benigno Simeon Aquino III to give keynote

The 23rd World Economic Forum on East Asia: Philippine President Benigno Simeon Aquino III to give keynote
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Fusion Microfinance IPO: Fusion Microfinance files IPO papers with Sebi

Fusion Microfinance IPO: Fusion Microfinance files IPO papers with Sebi
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Hormuud strikes another mobile money first for Somalia

5h | Melanie Mingas
Somalia s Hormuud Telecom has launched the country s first native mobile money app, WAAFI.
The mobile money app is available to customers across the country, providing access to a variety of digital resources. It also allows citizens to make in-country bank transfers using their phones, which is a first in Somalia.
“Somalia is a one-of-a-kind example of a country where digital adoption is widespread across all age groups and demographics,” said Ahmed Mohammed Yuusuf (pictured), Hormuud’s CEO and chairman.
“
We are continuing to see a move towards a position where Somalia can claim to be the world’s first truly cashless economy, and the rollout of WAAFI is an important step on that journey. Providing businesses and customers with more efficient technology is going to be a driving force behind the development of the Somali economy and its integration with the wider international community,” he added. ....

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