A desperate and largely unknown humanitarian crisis is deteriorating in the Lake Chad Basin region of West Africa, forcing millions of people to flee their homes and leaving millions more in need of humanitarian assistance. Oxfam is providing life-saving support but help is urgently needed to prevent the crisis turning into a catastrophe.
Each year, Somali migrants around the world send approximately $1.3 billion home to family and friends in Somalia. These flows represent a significant share of Somalia’s economy and help to reduce Somalia’s reliance on assistance from foreign governments and international organizations.
Continued support from the Somali diaspora is essential for Somalia to successfully emerge from its protracted humanitarian emergency and political crisis and build the foundations for its long-term development.
Barclay's Bank (UK) is planning to several of the major money transfer operators accounts at the end of September 2013. Our Acting Country Director in Somalia, Ed Pomfret, explains why Barclay's must keep their policy review period for such acounts, open for a full year. The 'Somalia lifeline' must be kept open.
Video from China News TV Africa.
You may also like
Oxfam Briefing Paper: Keeping the Lifeline Open: Remittances and markets in Somalia
More about our work in Somalia