Ethiopian Government Cracks Down on Somali Remittance Businesses
Money Transfers on the Line: Ethiopia Calls for Scrutiny of Somali-Owned Firms in the U.S.
In a world where families are increasingly separated by borders, the act of sending money home has become as vital as breathing for countless East African households. But what happens when that lifeline is suddenly threatened? Well, that’s exactly the scenario that has unfolded in recent weeks, as Ethiopia’s National Bank has raised red flags over several Somali-owned remittance companies operating in the United States. The…