RemittancesGateway.org

Background

The Somali Republic is one of the most highly remittance-dependent countries in the world. An estimated 40-60% of GDP is sent home by Somalis living abroad. Politically, the country is not under unified control with a provisional central government, the Al Shabab militia, and regional groups each asserting control over different areas.

The country is highly sensitive to famile and is currently suffering through a devastating dought.

Current News

Somalia

   24-04-2012 Somali Film Company Launches in Kenya - Voice of America

Somali Film Company Launches in Kenya Voice of America April 24, 2012 Somali Film Company Launches in Kenya Roopa Gogineni | Nairobi Somalia, with help from its African neighbors, is trying to re-establish a central government in Mogadishu. But since the state's collapes in 1991, many citizens of the ... and more »

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   04-05-2012 Somaliland Telecoms: Cashless doesn't mean broke - SomalilandPress

SomalilandPress

Somaliland Telecoms: Cashless doesn't mean broke SomalilandPress Somaliland's Zaad service is not the same one that has attracted the attention of United Nations investigators in Somalia. UN Security Council Resolution 1844 identified ZAAD, a rival service operated in Somalia by Hormuud Telecom, as a possible ...

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   07-05-2012 Somalis shrug off failed state tag - NewsDay

Somalis shrug off failed state tag NewsDay British politician William Hague said in a speech at Chatham House: Somalis worldwide provide more than $1bn in remittances back to Somalia each year more than the international community provides in aid. Whats more, Somalis inject $1bn annually into ... and more »

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   08-05-2012 Guban Somalia Novel Out in Print - Sunatimes

Sunatimes

Guban Somalia Novel Out in Print Sunatimes This paper is a review of the novel titled Guban by Abdi Latif Ega and is published by panafrik this year, 2012 in Harlem New York; purposes here are to introduce the book in the context of current issues and discourse in Somali politics.

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   10-05-2012 Friend or Foe? Britain in Somalia - Think Africa Press

Friend or Foe? Britain in Somalia Think Africa Press "We are fed up with sitting on the sidelines as endless international meetings take place to decide the needs of Somali people." It is estimated that 25% (or even 50% according to some sources) of Somalia's GDP comes from remittances abroad. and more »

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   11-05-2012 Development Over Democracy - AllAfrica.com

Development Over Democracy AllAfrica.com He attends Group of 8 and G-20 meetings, says the right things about climate change and gets on well with United States President Barack Obama and Britain's Prime Minister David Cameron on Somalia. In cold statistics, Meles's government - in power for ... and more »

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   11-05-2012 Somali-Americans close Wells Fargo, US Bank accounts over remittances - Minnesota Public Radio

Somali-Americans close Wells Fargo, US Bank accounts over remittances Minnesota Public Radio Money transmitters have provided an essential way for Somali-Americans to support families left behind in the east African nation. The remittances — an estimated $1.6 billion annually from around the world, according to the CIA — have also helped ... and more »

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   14-05-2012 William J. Garvelink and Farha Tahir - The Cutting Edge

The Cutting Edge

William J. Garvelink and Farha Tahir The Cutting Edge Conflict, displacement, and a drop off in remittances have been noted as signs of an impending crisis. Vulnerable populations require food and other immediate assistance. But the current narrative places an overemphasis on food aid.

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   15-05-2012 Migration, militias, coups and climate change in Mali - Reuters AlertNet (blog)

Migration, militias, coups and climate change in Mali Reuters AlertNet (blog) According to the UN Office for the Coordination of Humanitarian Affairs (OCHA), the latter phenomenon has led to a severance of remittances for the families of emigrants, who relied on that money to sustain themselves, thus creating an atmosphere of ... and more »

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   18-05-2012 SOMALIA: Mogadishu on the up - IRINnews.org

SOMALIA: Mogadishu on the up IRINnews.org It is estimated that 25 percent (or even 50 percent according to some sources) of Somalia's GDP comes from remittances abroad. In what is known as the economy without a state, the World Bank says minimal interference in Somalia's private sector has ... and more »

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Related Articles

• Somalia’s future: A ray of hope - 2012-03-01
• 'Lifeline' US-Somalia remittances on hold - 2012-02-10
• Shortchanging Somalia - 2011-12-16
• Somali al-Shabab militants attack Kenyan army convoy Al-Shabab denies involvement in a spate of rec - 2011-11-02
• Somalia: Workers for a Danish aid group abducted - 2011-10-25
• Somali consensus on end of transition paves way for restoring stability – UN - 2011-09-15
• Somalia: The Untapped Power of the Diaspora - 2011-09-12
• U.N. Officials Say Famine Is Widening in Somalia - 2011-09-12
• Teacher Mohamed Ibrahim quits for Somalia deputy PM job - 2011-09-12
• Dahabshiil CEO Urges International Business Community to Help Victims of East Africa Famine - 2011-08-16

Links

BBC Country Profile

CIA World Factbook Profile

DFID Country Profile

USAID Country Profile

World Bank Remittances Factbook Profile (PDF)

Wikipedia entry

Sending Money Home remittances estimated for Africa

Sending Money Home to Africa (PDF)