Tag: Investment

AN EXTRA 20,000 live sheep have been brought to Bahrain to meet soaring demand during Eid Al Fitr

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Guul Group Livestock

AN EXTRA 20,000 live sheep have been brought to Bahrain to meet soaring demand during Eid Al Fitr.

The Bahrain Livestock Company (BLC) yesterday confirmed it had imported the animals from Somalia ahead of next week’s holiday, which marks the end of Ramadan.

More than 15,000 sheep and chilled Pakistani beef has also been distributed to markets across the country in the last three days.ompany (BLC) yesterday confirmed it had imported the animals from Somalia ahead of next week’s holiday, which marks the end of Ramadan. read more

Maydh and Berbera fisheries business launched at East London

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 (Medeshi) – A company named Pontus Marine Limited to trade by shares for the development of the fisheries business in Somaliland was launched today at the People’s Palace Hall at Queen Mary University in East London. The executive director of the company Mr. Mohamed Yusuf who also owns the Invicta Capital Limited said that the company was being launched after a through research and a feasibility study that showed the prospectus of potential fishing business in the ports of Maydh in Sanaag and Bebera in Saahil of Somaliland. The company will start the first phase of the work from Maydh port where the  company will initially use pontoons as a temporary service  while the port is being developed .
Mr Yusuf said that ” although this is unique business initially based in Somaliland , it will eventually extend along the coast to Somalia in the future”.
[youtube http://www.youtube.com/watch?v=cs4YLHhP62A]
The company decided to establish a fisheries operation in the  Gulf of Aden ( initially based in Maydh and Berbera) which is  one of the most productive phytoplankton and zooplankton areas in the world, sustaining rich feeding and nursery grounds for more than 600 fish species , including high value species like tuna, lobster, cuttlefish, shrimps, shark and many more… read more

Somaliland: Country has Abundant Tea Growing Potential

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The Prospects of Tea Growing in Somaliland

By: Abdirahman Ibrahim Abdilahi

Somalilandsun – Many people in the country are of the view that tea cannot be grown in Somaliland given the erratic rainfall, inappropriateness of altitude and soil. In contrast, the climate is conducive to growing tea in the country and there is a technology to manage soil and rainfall.

A leading Tea Development Authority in Kenya tea Production Company is looking into the potential prospects of growing tea in Somaliland and is interested in setting up large scale tea plantations and small scale farms in the country and their vision is eventually to add value the tea products locally and package for local consumption and with time and capacity to export from Somaliland to neighboring regions. The principals overriding my interest in this sector are to enable the economic development of Somaliland by setting an example to be emulated by others. read more

7 key hurdles to take when investing in East Africa

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By Tim Weiss on June 26, 2013

hurdles
In a series of articles on VC4Africa, Tim Weiss explores private equity investment challenges in East Africa.

When investing, it is important to be aware of context-specific hurdles. Although investing is a risky business anywhere in the world, each market has its own characteristics. Below I’ll discuss 7 key hurdles to take when you are investing in East Africa, based on recent interviews I had with 22 representatives of (social) equity investment funds, consultancy companies, online news platforms and development finance institutions (DFI) focused on East Africa. read more

Somaliland: Solar Powered Bulbs Light Darkened Homesteads

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By: Yusuf M Hasan Guul Group Solar Student

HARGEISA (Somalilandsun) – Residents of some rural and urban communities in Somaliland are now utilizing

solar power as their main and only source of electricity.

According to Ms Asha Khalid 37, thanks to the portable solar bulbs sold by Guul Group-GG her 12 years son Master Hussein   who is a 5th grade pupil can now do his homework at ease thus an improvement in his academic grades.

Hussein Adan who is one of the brightest students in Obsiye, used to struggle with studies in his darkened home due to lack of sufficient light as he mostly relied on the one kerosene lamp the family owned thus in great demand, but after his parents brought home the GG supplied solar bulbs things have improved rapidly for him especially at school. read more

A guide in Africa

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Why investors in frontier markets need someone to show them around

CARDBOARD BOXES are not sexy. But they are useful: imagine trying to shift a lorryload of eggs from farm to shop without packaging. Because boxes make it easier to move things around, they allow shops to stock a wider variety of goods at lower prices. So to run a cardboard-box factory in Africa is to put more and better food on African plates.

The Riley Packaging plant in Uganda is quite a sight. From wall to wall and floor to ceiling, it is crammed with vast rolls of paper. A visitor feels like an ant gazing at stacks of toilet rolls. A management consultant might ask: why does Riley need to keep so much inventory—three months’ worth—heaped idly on the floor? Surely there are better uses for the firm’s capital? read more

Attracting foreign investors – Residential and commercial real estate booms in Hargeisa

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Despite the investment opportunities, many international investors remain hesitant to enter a market that has witnessed instability for so many years. But for local investors, construction is the safest and best proven way to make a profit, said real estate agent Nassir Hussein.

“You see we do not have Citibank or Barclays and the only safe venture for locals to invest in is land and property,” he told Sabahi.

Ahmed Abdi, an economist who teaches at the University of Hargeisa, says Somaliland provides a multitude of opportunities for any foreign investor armed with the right information. read more

HAPPY, HEALTHY & WEALTHY 2013 from GUUL GROUP

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www.guulgroup.com
Guul Group: HAPPY HEALTHY WEALTHY 2013

Wishing you all a HAPPY, HEALTHY & WEALTHY 2013. #GuulGroup. #investment opportunities; #Somaliland & potentially #HornOfAfrica #business

Somaliland administration to simplify business regulations

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Merchants display their wares in Wahen Market in Somaliland's Gaan Libah district. The Somaliland administration is working to make it easier for entrepreneurs to start businesses there. [Barkhad Dahir/Sabahi]The Somaliland administration is working to simplify policies governing investment and business creation as part of its efforts to strengthen trade and attract foreign and local investors.

The Somaliland Investment Guide, developed in partnership with the Somaliland Ministry of Commerce and the Chamber of Commerce, Industry and Agriculture, will be a clearinghouse of economic, legal, regulatory and investment information for local, diaspora and foreign investors.

“We will create a website to collect information about investment, available opportunities, where to invest and pertinent information so foreign and diaspora investors and citizens can easily obtain information to help them make decisions any time,” said Mohamed Saleban, director of planning and statistics at the Somaliland Ministry of Commerce. read more