Somali tycoon Ismail Ahmed’s Zepz raises $267 million to expand in Africa
The venture capital firm Accel, along with Leapfrog and TCV, led the latest funding round for Zepz.
Somali tycoon
Meet Ismail Ahmed: Somali tycoon leading $5-billion payment platform, Zepz
Ahmed’s dedication to financial inclusion transcends the confines of Zepz, positioning him as a true agent of change on the international stage.
Somali tycoon Abdirashid Duale’s Dahabshiil inaugurates $100-million oil terminal
Duale, Dahabshiil Group’s CEO, emphasized the oil terminal’s transformative potential for the Horn of Africa.
Somali tycoon Abdirashid Duale receives recognition for supporting women’s entrepreneurship
Duale and Dahabshiil’s recent recognition comes after they received two Global Good Governance awards from Cambridge IFA.
Somali tycoon Abdirashid Duale sends aid to Turkey-Syria earthquake victims as death toll crosses 44,000
Duale is recognized for his charitable contributions and support of vulnerable Somalis.
Somali mogul Ismail Ahmed shocks industry as Zepz surpasses $800 million in funding
Zepz has continued to thrive, with its total funding increasing from $699.7 million to $800 million in two years.
Somali tycoon Abdirashid Duale’s Dahabshiil donates $500,000 to families affected by Mogadishu bombing
Duale is known for his charitable donations and habit of assisting Somalis in times of need.
Somali tycoon Ismail Ahmed’s Zepz to end 2022 in profit
Zepz reported a loss of $151 million at the end of its fiscal year in 2021.
Somali tycoon Abdirashid Duale says cost of living crisis has hurt remittances in Africa
Under the leadership of Duale, Dahabshiil has grown into the largest money transfer business in Africa.
Somali tycoon Abdirashid Duale’s Dahabshiil says diaspora remittances to boost regional economy
Diaspora remittances are a lifeline for many people in the Horn of Africa
Somali tycoon Ismail Ahmed’s Zepz denies delays in $6-billion IPO
Zepz, the parent company of WorldRemit, stated that it has yet to formally announce an IPO timeline.
Queen’s bank honors Somali tycoon Abdirashid Duale for contribution to financial sector
His company Dahabshiil has grown into a leading African money transfer business.