Cultural connections and digital channels underpin growth of money transfer services led by ethnic Somalis
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Thirty years ago, Ismail Ahmed snuck from then war-ravaged Somaliland into neighbouring Djibouti, hidden on the back of a tipper truck. His brother, who was working in Saudi Arabia, sent him money to pay for a flight to London to take on a scholarship to study economics. “That’s when I really realised remittances were a key source of migrant money,” he says.
