Thursday, April 11, 2019

Over €8 million in funding announced for innovative ‘safety net’ cash transfer scheme in Somalia

The European Union has announced a further €8 million in funding for an innovative ‘mobile money’ scheme that has already helped over 300,000 vulnerable people in Somalia. Established in 2017, the Somali Cash Consortium uses mobile payments to increase efficiency, overcome security risks associated with cash transfers in the conflict-affected country and targets those most in need of assistance, including children separated from their parents and people with disabilities. Read More