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Salaam Somali Bank's branch in Beledweyne, Hiran region on Tuesday provided free microfinance to small business owners as part of the second phase of the 2021 offer. Qardu Hassan aims to develop and encourage small businesses throughout Somalia, according to the bank's management, which is credited with being the first in the country to found in 2009. The new traders who were given the opportunity said they are grateful to Salaam Somali Bank for its timely support which has helped them expand their business in the face…

Salaam Somali Bank offers free microfinance to small businesses in Guri'el Salaam Somali Bank's branch in Guri'el in the central region of Galgadud on Monday provided entrepreneurs with free microfinance as part of the second phase of the investment program called "Qardu Hassan". The free microfinance fund is aimed at developing and encouraging small businesses throughout Somalia,…

Salaam Somali Bank has provided free microfinance to small businesses in the country's central city of Abudwak in the Galgadud region as part of the second phase Qardu Hassan, which aims to boost the economy. On Sunday, the bank's branch in the city offered free microfinance to small Somali traders, including women, with the aim of helping to expand their business amid the devastating Covid-19 pandemic. On the occasion, the recipients of Salaam Somali Bank's free microfinance said they were grateful to the bank for the…

Salaam Somali Bank provides free microfinance to traders in Mogadishu MOGADISHU, Somalia - Salaam Somali Bank branch in Madino, Mogadishu provided free microfinance to small business owners on Thursday as part of the 2021 offer. Qardu Hasan is part of Salaam Somali Bank's annual free microfinance fund with the aim of developing and effectively improving small businesses across the…

Salaam Somali Bank helps small businesses expand with free microfinance funds As COVID-19 continues to impact the global economy, a private bank in Somalia is supporting small business owners to thrive through the second phase of 2021 free microfinance funds. Salaam Somali Bank launched the annual investment program under the Qardu Hassan theme last year to develop small businesses…

Salaam Somali Bank offers free microfinance to small businesses in Mogadishu Salaam Somali Bank continues its second phase of a free microfinance program launched in 2021 with the aim of promoting small businesses in all regions of the Horn of Africa country. On Saturday, March 20, the bank's branch in Suuq Ba'ad in Mogadishu provided free microfinance to local retailers as part of…

Salaam Somali Bank helps small businesses grow MOGADISHU, Somalia - Salaam Somali Bank (SSB) continues to provide free microfinance to small businesses in the country as part of a grant program aimed at improving the start-up economy. On Thursday, the bank's branch in KM5 in Mogadishu provided free microfinance to local retailers, including women, to help improve their small and…

Small entrepreneurs benefit from free microfinance from a local bank MOGADISHU, Somalia - The private Salaam Somali Bank's branch in Hamarweyne, Mogadishu, on Thursday provided entrepreneurs with free microfinance as part of the annual non-profit investment program called "Qardu Hassan". The annual fund is aimed at developing and encouraging small businesses across Somalia, according to the bank's…

Turn in the alleged money laundering case of Access Bank. This subsidiary of a Nigerian bank is under investigation, suspected of allowing businessman Saleh Assi, as well as other personalities under US sanctions for terrorist financing, to open accounts for fictitious companies. An RFI survey had shown that millions of dollars had actually been paid in cash to at least one suspect account and withdrawn…

In the Central African Republic, the World Bank released its annual report on Monday, November 30. In 2019, growth slowed slightly to 3.1%, but remained good compared with the countries in the region. However, the outlook for 2020 is much worse ... The World Bank predicts zero or even negative growth of up to 1.2% for 2020. as…