In partnership with Shuraako and Oxfam, Work in Progress! is a program offering tailored business development services (BDS) to selected medium and small sized enterprises (SME) that demonstrate strong potential for employing women and youth in Somaliland.
Invest In Africa
Shuraako encourages investment in Africa: a continent that is home to some of the world’s fast growing economies, vast natural resources, pioneering entrepreneurs, and immeasurable opportunities.
Established in 2012, Mumin Dairy Farm “Mumin” is a dairy production business that sells camel milk in Hargeisa, Somaliland.
Dalmar Transportation Cooperative “Dalmar” was established in Bosaso, Puntland in 2012 to provide truck drivers and transportation company owners with limited coverage to specific risk events.
Bilic-Haween Beauty Salon “Bilic-Haween” is a woman-owned company that provides local, quality spa services and natural beauty products in Hargeisa, Somaliland.
The company has been in operation since 2002, and is the sole supplier of processed and graded gums and resins to NEO Botanika, a large gums and resins export trading company in Somaliland.
DLA Piper are delighted to be hosting Africa Week once again. With representatives from at least 18 of the DLA Piper Africa countries and colleagues from the key investment hubs in Europe, Asia and the US, the week offers a unique opportunity to hear from lawyers with on-the-ground understanding and expertise, to get behind the issues and to help assess the risks and the rewards of doing business across the varied markets in Africa. Sessions will also include guest speakers from client businesses with experience of working and investing on the continent.
Three hundred thirty participants who have an active role in Somaliland’s private sector and energy sector, including investors, business entrepreneurs, donors, and development partners attended the Somaliland Investment Forum. The event was held in Hargeisa, 19 - 21, September 2017.
In Somaliland, the arid, desert landscape and limited access to financial resources present many challenges for farmers struggling to make a living in the region’s rural agricultural sector.
In May, Shuraako participated in a panel titled "Investment Opportunities in East Africa’s Financial Services Sector" at the African Financial Services Investment conference in London. The conference brings together African financial services companies and other key participants in Africa's financial services sector.
The Somali Diaspora represents a large pool of potential investment capital that could be leveraged for long-term and scaled development in the Somali region. This report assesses the preferences and behaviors of Somali Diaspora toward existing channels and opportunities for Somali-based investments and provides policy recommendations for how to better facilitate crucial investment.