Ethiopia’s Money-Transfer Restriction Raises Alarming Questions for Somali Customers

Addis Ababa (WDN)– Somalia’s money-transfer companies (Hawala), a vital financial lifeline for Somalis around the world, connecting the diaspora to families, communities, and businesses, have faced significant financial restrictions from the Ethiopian government, threatening an important channel for remittances and cross-border financial support. Ethiopia’s National Bank has issued a striking…