Somaliland Virtual Trade and Investment Event

Guul Group in partnership with the Somaliland Ministry of Investment Promotion and DMA is pleased to announce the virtual event, Somaliland and the UK: Stability & Sustainable Development’ on 11th November 2020 09:00-11:00 GMT. Aimed at strengthening engagement with the UK, it will explore Somaliland’s well-established stability, extraordinary potential and the government’s commitment to foreign direct investment.

With keynote address from Lord Sheikh, Baron Sheikh of Cornhill in the City of London, this event would feature Hon Mohamed Ahmed Mohamoud (Awad), Hon Dr Saad Ali Shire, Minister of Finance, the Stuart Brown, Head of British Office in Hargeisa, Abdi Hirsi, Head of Mission in London, other senior  Somaliland government ministers, Sir Henry Bellingham (former Minster for Africa) and the private sector from UK and Somaliland. read more

6 reasons to invest in Africa – World Economic Forum

Construction sites are seen below the skyline of Johannesburg's upmarket Sandton suburb, February 5, 2016.

Image: REUTERS/Mike Hutchings

The conversation about Africa is shifting from one of “deficits” and “gaps” to one about opportunities, prospects, ventures and creativity. That’s not news to companies that have paid close attention to the continent and invested there. The fast growing youth population, the urbanization expected to drive over 50% of Africans to cities by 2050, and Africa’s formalizing economy are all well known. These trends and other developments have driven a half century or more of growth in Africa, and will continue to do so. read more

Africa and the United Kingdom: challenges and opportunities to expand UK investments

Research reports and studies

January 2020 Maximiliano Mendez-Parra, Sherillyn Raga and Lily Somme

This report highlights the opportunities and challenges facing UK firms when investing or conducting business in Africa, with a particular emphasis on the non-extractive sector. It highlights the mutual benefits for Africa, in terms of economic transformation and growth, and for the UK, in diversifying investments in rapidly expanding markets. The study draws from data on UK investments in Africa, and information provided by more than 75 UK companies operating in Ghana, Kenya, Nigeria and South Africa. read more

Horn of Africa: Guul Group to assist with Asoko Insight digital DealRoom

Asoko Insight Investment platform

Somalilandsun:”Asoko Insight is facilitating a deal room for the Department of International Trade (DIT) of the UK government to put African companies in touch with British investors.

The digital DealRoom will take advantage of Asoko’s unique data acquisition model and unrivalled corporate database of over 100,000 private African companies to support the UK’s partnership with Africa to build a secure and prosperous future for all our citizens.

This digital deal room launched at the UK-Africa Investment Summit. You may read more about Asoko’s partnership with DIT here: https://www.africa-newsroom.com/press/asoko-launches-department-for-international-trade-dit-dealroom-at-the-forthcoming-ukafrica-investment-summit?lang=en read more

Somaliland: Guul Group Targets $100m Investment in UK’s Post Brexit Africa Engagement Strategy

the CEO of Guul Group Guleid Harun Ibrahim

Somaliland sun: On 20 January 2020 the United Kingdom hosted the U.K.-Africa investment summit in London. The summit, attended by Prime Minister Boris Johnson and 21 African leaders, focused on the U.K.’s post-Brexit trade and investment relationship with African countries.

While several investment deals were announced on the sidelines of the summit between the UK and African economic powerhouses like Kenya and Nigeria, the yet to be recognised Somaliland wasn’t officially at the table, though numerous local bodies had their sights on outcome. read more

Somaliland: Ethiopia Acquires 19% Stake in DP World Berbera Port

Somalilandsun-DP World, the United Arab Emirates-based maritime conglomerate, has announced that Ethiopia will become a shareholder of the Port of Berbera in Somaliland, a crucial site for Middle Eastern trade, strategically located along the oil route.

This announcement follows an agreement that was signed by DP World and the Somaliland Port Authority in Dubai on March 1, 2018.

DP World will hold a 51% stake in the project, Somaliland 30% and Ethiopia the remaining 19%.

The government of Ethiopia will also invest in infrastructure to develop the Berbera Corridor as a trade gateway for the inland country of Somaliland, which is one of the fastest growing nations in the world. read more

Somaliland: Guul Group, Investment Ministry Facilitate TEF2018 Application Training

Guul Group, Investment Ministry Facilitate TEF2018 Application Training in Hargeisa

Somalilandsun- We will endeavor to attract such opportunities and encourage investment from individuals, philanthropist foundations and corporate companies.
This was stated by the CEO Guul Group Guleid Harun Ibrahim during a training the consultancy firm conducted in partnership with the ministry of Investment for prospective applicants to the Tony Elumelu Foundation’s TEF 2018 Entrepreneurship grant.
In attendance was the DG of Ministry of Investment Ahmed Abokor Mohammed and Director of Investment Mohammed Saleban Ilmi as well as the over 30 prospective beneficiaries of TEF 2018.
The training was held at the Investment ministry conference hall in Hargeisa
Stressing that applicants from Somaliland and Somalia were not limited to those present at the short training the Guul Group boss said the purpose was to see to it that knowledge applications are submitted thence a fair chance of competing with thousands of other Africans applying. read more

Somaliland minister seeks energy investment from UAE


DP World signed a US$442 million agreement with the Government of Somaliland to develop and operate a regional trade and logistics hub at the Port of Berbera. Pawan Singh / The National

A Somaliland government minister is in the UAE to drum up investment for power projects to stabilise the self-declared state’s precarious economy where energy costs are among the highest in the world.

The self-governing region which broke away from Somalia in 1991 is seeking to build on its relationship with Gulf nations to improve its infrastructure following the election of a new president last year. read more

Hargaysa Oo Laga Daah-furay Mashruuca Maal-galinta Fikradaha Ganacsiga Ee Tony Elumelu Foundation

Hargaysa(HWN):-Munaasibada lagu daah-furayey  mashruuca maal-galinta fikradaha ganacsiga oo ay wado shirkad uu leeyahay maal-qabeen afrikaana  oo la yidhaahdo Tony Elumelu Foundation ayaa maanta lagu qabtay hotelka Ambassador ee Magaalada Hargaysa.

Mashruucan maal-galineed oo loogu talo-galay dadyowga afrikaanka ah ee leh hal-abuurka ganacsiga ayaa socon doono muddo toban sannadood ah oo saddex ka mid ahi ay dhamaadeen, waxaana lagu maal-galin doonaaa lacag gaadhaysa 100-milyan oo dollar ,iyadoo looga go’leeyahay in ay ka  faaidaystaan dad gaadhaya toban kun oo qof oo la rabo in ay iyaguna sii shaqaaleysiiyaan dad gaadhaya hal milyan oo qof oo ku nool qaarada afrika oo ay Somaliland-na ku jirto read more

Somaliland: Nation is Ripe with Investment Opportunities and the Time to Act is NOW. Dadaalku waa Guul

guul new logo

By: Baby Guul

HARGEISA (Somalilandsun) – Guul Group is inviting prospective investors from all over the world, who would like to be part of the initial phase of sustainable investment in Somaliland’s young economy that is currently exhibiting great potential in a number of industries; Agriculture, Banking, Energy, Fisheries, livestock, Minerals, Salt and Services.

The government’s commitment to creating a business enabling environment which encourages innovation & fosters local and international linkages to expand market opportunities, while protecting investor assets is a huge step for Somaliland; with a mission to proactively seek, attract, facilitate and retain productive foreign investment in line with the national investment priorities & National Development Plan (NDP) read more

 
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