Oxfam is calling for immediate humanitarian and political action as the world stands on the brink of an unprecedented four famines.
De-risking’ refers to financial institutions closing the accounts of clients perceived as high risk for money laundering or terrorist financing abuse, namely money service businesses, non-profit organizations, correspondent banks and foreign embassies. This report explores the linkages between bank de-risking and the ascendance of the risk-based approach to anti-money laundering and countering the financing of terrorism (AML/CFT).
This report looks at Somali women’s experiences with conflict, peace, violence, insecurity and state rebuilding
Access to clean and safe water is difficult in Bowdha Dogore village in Adado district, Somalia, where Abdi Ahmed Jamaa, together with his 14 children and two wives reside. Oxfam partnered with TARDO and have been rehabilitating water cisterns (barkads).
On April 7th, 2015 the Central Bank of Kenya (CBK) revoked the licenses of 13 Money Remittance Providers (MRPs) based in Nairobi, in an effort to curb the financing of terrorism.
Our friends at Africa Research Institute have developed a useful timeline to track the development of the food crisis in Somalia month by month.
Kirsten Hagon, Oxfam’s Head of Office in New York said: