Somali tycoon

Duale, Dahabshiil Group’s CEO, emphasized the oil terminal’s transformative potential for the Horn of Africa.

Duale and Dahabshiil’s recent recognition comes after they received two Global Good Governance awards from Cambridge IFA.

Duale is recognized for his charitable contributions and support of vulnerable Somalis.

Zepz has continued to thrive, with its total funding increasing from $699.7 million to $800 million in two years.

Duale is known for his charitable donations and habit of assisting Somalis in times of need.

Zepz reported a loss of $151 million at the end of its fiscal year in 2021.

Under the leadership of Duale, Dahabshiil has grown into the largest money transfer business in Africa.

Diaspora remittances are a lifeline for many people in the Horn of Africa

Zepz, the parent company of WorldRemit, stated that it has yet to formally announce an IPO timeline.

His company Dahabshiil has grown into a leading African money transfer business.