Dahabshiil bags two awards for money transfer services

Dahabshiil was recognised for boosting the economy in African nations through remittances from the diaspora.

In Summary

•An elated Dahabshiil Group Chief Executive Officer Abdirashid Duale said the awards also recognizes for the role the company has played in socio economic development in the areas it operates in.  

•Dahabshiil which has roots in over 120 countries across the world  was recognised for actively playing a role in boosting the economy in African nations through remittances from the diaspora over the last two decades.

Dahbshiil receives Global Good Governance awards from cambridge IFA.
Dahbshiil receives Global Good Governance awards from cambridge IFA.
Image: HANDOUT

Money transfer company Dahabshiil on Thursday received two Global Good Governance awards from cambridge IFA for its services to diaspora and in money transfer.

Dahabshiil which has roots in over 120 countries across the world  was recognised for actively playing a role in boosting the economy in African nations through remittances from the diaspora over the last two decades.

An elated Dahabshiil Group Chief Executive Officer Abdirashid Duale said the awards also recognizes for the role the company has played in socio economic development in the areas it operates in. 

Duale reiterated the company’s goal to facilitate financial transactions to vulnerable communities and those supporting them even in the most remote areas.

"This is a great honour not only to Dahabshiil but to indigenous African companies that are playing a role in the economic development of the continents but also supporting the less fortunate," he said.

"The awards confirm our status as among the global remittance firms worldwide, providing easy, swift, secure transactions worldwide."

The 3G Awards promote good governance and commitment to social welfare by recognising leadership efforts of individuals, governments, corporations and NGOs.

In 2021, Dahabshiil through its subsidiary MicroDahab micro finance institution, partnered with the Africa Enterprise Challenge Fund (AECF) to support SMEs in Somalia regions.

Ripple effects were expected to be felt in Kenya, which exported goods worth Sh11.4 billion to the neighbouring country last year— Economic Survey 2021.           

Funded by the European Union, the programme aimed at promoting women, youth and agricultural producer groups .