Tag Archives: Hormuud Telecom

Hormuud Telecom obtains first mobile money license in Somalia

Somalias central bank awarded the countrys first mobile money license to Mogadishu-based Hormuud Telecom Somalia Inc, a move intended at developing the countrys digital payments system and integrating it with the global financial system. Hormuud Telecom has approximately 3.6 million subscribers in Somalia, a country of more than 15 million people, and roughly 3 million [...]