Dahabshiil Group
Dahabshiil is the ‘rags to riches’ story of an African entrepreneur, partnered with his son, whose business was interrupted after the Somali civil war.
With limited resources and a strong network of contacts they set about rebuilding their company, which two decades later is now one of the largest international money transfer businesses in the Horn of Africa.
In 2020, Dahabshiil celebrated 50 years in the business. With Abdirashid Duale as CEO, and founder Mr Mohamed Duale as Chairman, Dahabshiil remains a family business. Today, Dahabshiil employs more than 4,000 people across 144 countries.
With offices in London and Dubai, Dahabshiil provides services to some of the world’s leading humanitarian organisations, including the United Nations, Oxfam, the Department for International Development and Save the Children. Apart from its core business of Banking and Financial Services, Dahabshiil has since diversified into various sectors , including , telecommunications, power and energy, and real estate, which are key sectors to rebuilding the shattered economy of Somalia.
Dahabshiil is arguably one of the most important multinational businesses in Africa – providing a vital money transfer lifeline to those living in many countries across Africa and beyond.
Chevening and Dahabshiil
Dahabshiil Group are offering two partial scholarships to applicants from Somalia/Somaliland wanting to study a master’s degree in the following subjects in 2022/2023: finance, health, education, agribusiness, management and economics.
Dahabshiil believes its partnership with the Chevening programme will lead to pooling of resources to create opportunities of educational advancement and capacity development for deserving beneficiaries.
The Partnership of Dahabshiil in the Chevening Programe shall set the pace and challenge other corporates to participate in the programme so as to bring forth well-rounded scholars who will help in the countries advancement and progress.
Dahabshiil are committed to partnership with Chevening and hope this will be start of deeper collaboration. Seamless communication will ensure full participation in the programme.