Mo Farah backs petition for Barclays to keep cash transfers

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Mo Farah backs petition for Barclays to keep cash transfers

via Mo Farah backs petition for Barclays to keep cash transfers.

LONDON (Thomson Reuters Foundation) – Somali-born double Olympic champion Mo Farah has backed petitioners calling for Barclays to keep open its cash transfer business, a lifeline for millions of Somalis and others in developing countries who depend on remittances to survive.

London-based Barclays announced in June it would stop offering banking services to some Somali transfer firms because it feared funds might end up in the hands of “terrorists” in the Horn of Africa nation slowly emerging from two decades of conflict…

How African innovation can take on the world – CNN.com

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How African innovation can take on the world – CNN.com

via How African innovation can take on the world – CNN.com.

In this period of gloomy economic forecasts, Africa’s rise has become a widely discussed international policy topic. The sweeping optimism about Africa’s economic prospects has been reinforced by 2013 projections that the continent will grow faster than the world average….

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