Abdirashid Duale

Abdirashid Duale (Somali: Cabdirashiid Siciid Ducale, Arabic: عبد الرشيد دعاله) is a billionaire Somali entrepreneur.[1] He is the CEO of Dahabshiil, an international funds transfer company.[2]

Abdirashid Duale
Cabdirashiid Siciid Ducaale
عبدالرشيد سعيد دعاله
Duale in September 2007
Born1977
Citizenshipسكوجي
OccupationBusinessman
Known forCEO of Dahabshiil
ChildrenAdnan Abdi (17)

Biography

Duale was born in Burao, Somaliland. He joined his father in the funds transfer business prior to the outbreak of civil strife, in which he and his father lost everything. Through their network of contacts, they rebuilt their business into one of the largest international money transfer companies in the Horn of Africa.[2] He is a father of eight children.

Dahabshiil

Duale took over the company after his father retired, and began expanding Dahabshiil's reach into new markets. Today, the billionaire CEO's company Dahabshiil employs more than 2000 people worldwide, has offices in London and Dubai, and provides financial services to international organizations as well as to businesses and private individuals.[2]

References

  1. Nsehe, Mfonobong. "5 Multi-Millionaires From Somalia You Should Know". Forbes. Retrieved 30 December 2021.
  2. Saltmarsh, Matthew (11 November 2009). "Somalis' Money Is Lifeline for Homeland". The New York Times.
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