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Index/Topics/Informal remittance systems

Informal remittance systems

The topic is about informal remittance systems used by the Somali diaspora, with a focus on the lack of banking infrastructure in Somalia.

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Jan 23, 2026
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Somali women stopped with $800,000 in cash

A flurry of recent local and partisan reporting ties large outbound cash movements at several airports to couriers of Somali descent, but there is no direct, corroborated mainstream account in the pro...