Industry | Money transfer |
---|---|
Founded | 2004 Burao Somaliland |
Founder | Mohamed Said Duale |
Headquarters | , |
Key people | Abdirashid Duale (CEO) |
Number of employees | over 2,000 |
Website | www |
Dahabshiil (Somali: Dahabshiil, Arabic: دهب شيل) is a Somali funds transfer company, and is the largest money-transfer business in Africa.[1] It's headquartered in Burao, Somalia.[2] Formed in 2004, the firm operates from over 24,000 outlets and employs more than 2,000 people across 126 countries.[3] It provides financial services to international organisations, as well as to both large and small businesses and private individuals.[4][5][6] The company is also involved in community building projects in Somalia.[4]
Dahabshiil, a Somali word reportedly meaning gold smelter, was born as a result of Somalia's civil war, when those living outside the country had to send money to their relatives and friends back home.