CEO of Dahabshiil Gives Keynote Speech at the University of Oxford

[Jacaylbaro]

CEO of Dahabshiil Gives Keynote Speech on Global Money Transfer and Telecoms Industries at the University of Oxford

 

OXFORD, England, July 1, 2011 /PRNewswire via COMTEX/ -- Abdirashid Duale, CEO of Dahabshiil, one of Africa's largest money transfer companies, gave the keynote address at a conference hosted by Oxford University from 29-30 June.

 

The two day event, the first of its kind to focus on important issues facing the Somali diaspora community, explored in particular how developments in media and communications shape the way the diaspora engages with and influences the population at home politically, economically and culturally.

 

Other speakers at the event included academics from both within and outside Oxford University, along with journalists from the BBC, Al Jazeera, VOA and other media institutions including several prominent Somali outlets.

 

Dahabshiil has a 40-year history of serving communities around the world. Its current core business is in the transfer of remittances to East Africa, a vital flow of income to many in the region. Its expanding network of agent and payout locations stretches to some of area's most remote locations, extending an essential lifeline to the inhabitants and helping to sustain isolated local economies.

 

In his keynote address, Mr Duale discussed the rapidly developing regional telecoms industry, and in particular how Dahabshiil's money transfer operations are becoming increasingly interlinked with the company's growing involvement in the latest wireless technology, working closely with strategic partners.

 

He went on to discuss Dahabshiil's recent acquisition of a majority stake in SomTel, a fast-growing, leading Somali telecoms and mobile internet firm with expertise in advanced wireless technology and high speed broadband.

 

 

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