Withdrawing cash in Somalia | CNN Business

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Business

Withdrawing cash in Somalia

Updated 6:39 AM EDT, Thu October 9, 2014
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The first-ever cash withdrawal machine in Mogadishu has been installed by the Salaam Somali Bank in an upmarket hotel.
Withdrawing cash in Somalia —
The first-ever cash withdrawal machine in Mogadishu has been installed by the Salaam Somali Bank in an upmarket hotel.
ABDULFITAH HASHI NOR/AFP/Getty Images
Customers are able to withdraw U.S. dollars rather than the country's official currency the Somali shilling.
Withdrawing cash in Somalia —
Customers are able to withdraw U.S. dollars rather than the country's official currency the Somali shilling.
ABDULFITAH HASHI NOR/AFP/Getty Images
According to international money transfer business <a href="index.php?page=&url=http%3A%2F%2Fwww.dahabshiil.com%2Fabout-us%2Fdahabshiil-story.html" target="_blank" target="_blank">Dahabshill</a>, this ATM won't be the only one in Mogadishu for long. The company says it will launch its ATM project in the city "shortly."
Withdrawing cash in Somalia —
According to international money transfer business Dahabshill, this ATM won't be the only one in Mogadishu for long. The company says it will launch its ATM project in the city "shortly."
Hashim Sheikh Abdinoor
Investment optimism is gradually returning to Mogadishu as the city tries to recover after more than 20 years of conflict.
Re-building Mogadishu —
Investment optimism is gradually returning to Mogadishu as the city tries to recover after more than 20 years of conflict.
CNN
A bulldozer passes in front of a destroyed building in Mogadishu on November 18, 2012. While much of the city has been damaged by conflict, a newfound peace in the city has meant that construction activity has increased.
Re-building Mogadishu —
A bulldozer passes in front of a destroyed building in Mogadishu on November 18, 2012. While much of the city has been damaged by conflict, a newfound peace in the city has meant that construction activity has increased.
TOBIN JONES/AFP/Getty Images
Somali hotelier Bashir Osman (front) says that the country is so peaceful this a good time to establish a tourism market. He is putting his money where is mouth is by <a href="index.php?page=&url=http%3A%2F%2Fedition.cnn.com%2F2013%2F05%2F30%2Fbusiness%2Fmogadishu-holidays-business-economy%2F" target="_blank">building a seaside luxury resort in Mogadishu</a>.
Re-building Mogadishu —
Somali hotelier Bashir Osman (front) says that the country is so peaceful this a good time to establish a tourism market. He is putting his money where is mouth is by building a seaside luxury resort in Mogadishu.
CNN
At Mogadishu's seaport, cranes lift goods from the commercial ships and boats lining the harbor. The wide array of imported construction materials, household goods and food are then loaded onto rows of waiting trucks.
Re-building Somalia —
At Mogadishu's seaport, cranes lift goods from the commercial ships and boats lining the harbor. The wide array of imported construction materials, household goods and food are then loaded onto rows of waiting trucks.
CNN

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