Aid agencies urge Kenya to let Somali remittances resume: TRFN

Aid agencies urge Kenya to let Somali remittances resume: TRFN

Spread the love

NEW YORK – Aid agencies urge Kenya to allow Somali money transfer firms to resume operations, expressing concern that halting remittances will hurt struggling families and relief operations in Somalia.

On Wednesday, Kenya suspended the licences of 13 Somali money transfer agencies in Nairobi in an effort to curb the financing of insurgents. This followed the recent massacre of 148 students at Kenya’s Garissa University College by al Shabaab militants.

“Somali families are losing their only formal, transparent and regulated channel through which to send and receive money,” said a statement issued by a group of relief agencies including Oxfam, CARE, Mercy Corps, Adeso and World Vision Somalia.[pro_ad_display_adzone id=”10″]

Related Story:  UN chief urges new push for nuclear weapons-free world

“Aid agencies working in Somalia also risk losing their only means of transferring money to sustain their daily humanitarian and development operations,” it said.

Each year Somalis abroad use money transfer operators to send home an estimated $1.3 billion, more than all humanitarian and development aid to the country combined, according to a 2013 report by aid groups Oxfam, Adeso and the Inter-American Dialogue.

The money provides a lifeline to millions of people in a country rebuilding itself despite an insurgency by Islamist militants as well as widespread hunger and recurring drought.

It is not only Somalis in Somalia who are at risk of losing a vital lifeline, but also Kenya’s Somali community, which numbers just over one million.

Related Story:  Judge orders South African authorities to pay $15m over death of 144 patients


You may also like:

Pressure mounts on Kenya’s president after university massacre


“It’s going to hurt Somalis in Kenya more than Somalis in Somalia. The amount of money sent from abroad to Kenya is huge,” Somalia’s central bank governor Bashir Issa Ali said on Wednesday.

Aid groups said that many of the remittance companies whose licenses were suspended in Kenya were delivering legitimate funds, and urged Kenyan authorities to vet them on an individual basis. (Reuters)

Spread the love

Leave a Reply

Sundiata Post Media Ltd.

Address: 3rd Floor Office Suite, Bayelsa State Guest House, Plot 1038, Shehu Shagari Way, Maitama, Abuja, Nigeria.
Tel: 08033083361, 08094208271 and 092900705
Whatsapp: 08053069436

Enugu Regional Office: SW 1 New Haven Shopping Mall, Enugu, Enugu State, Nigeria.
Tel: +234(0)7062582838

London Office: 18 Belgrave Avenue, Wd18 7UE, Watford, United Kingdom.
Tel: +447417554143
Dubai Office: PAU Management Suite, Level 23 - Boulevard Plaza Tower 2, Emaar Boulevard,
P. O. Box 124342, Dubai, UAE.
Tel: +971 4 4096849 | Fax: +971 4 409 6850
About Us

SundiataPost is published by Sundiata Post Media Limited, Sundiata Post is Nigeria’s most authoritative online newspaper and ranks among the top five online news platforms in Nigeria.

Guild of Corporate online publishers
A Glance at Our Advert Rate.

Inside Pages

Size In Pixels - Amount

120×180 - N27,967.50

300×100 - N24,695

Text Link - N11,275

More Details info

About Us | Contact Us | Privacy Policy | Terms of Use | Advert Rate