Made in Africa: building strong brands on the continent

During a session at last week’s World Economic Forum on Africa, held in Cape Town, experts discussed how Africa can tap into local innovation to launch globally recognised brands. Here are the highlights from the session.

Brand Africa has undergone a remarkable transformation in recent years, said Xavier-Luc Duval, vice-prime minister and minister of finance and economic development of Mauritius. The transformation, he added, has not been as superficial as the word “brand” might imply.

“Over the years, Mauritius has been consistent in achieving political stability, consistent in the rule of law, consistent in educating our people, consistent in easing the cost of doing business,” he said, highlighting that a country’s brand is what it does and not what says it is. read more

Guul-Group Bridges Investor- Investment Opportunity Gap – Featured on Horn Newspaper

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Guul-Group Bridges Investor- Investment Opportunity Gap

“We have facilitated lucrative deals for foreign and Diaspora investors within various sectors in Somaliland” – Mahamed Liban

By: Yusuf M Hasan

HARGEISA (Somalilandsun) – Consultancy services by Guul Group Company has made blind investment in the country a thing of the past.

Foreign and Diaspora investors are now making knowledgeable decisions through services provided by Guul Group-GG company registered in Somaliland with partners in the UK.

According to the Chief Executive Officer Mr. Mahamed-Guled Liban, his GG Company has so far facilitated numerous investment services to Diaspora Somalilanders as well as foreigners wishing to invest in-country. read more

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

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

Business Survey Shows Surge in Investment in Somaliland

The 2012 Business Confidence Survey, released this week, shows that investment in medium‐sized enterprises more than doubled between 2011 and 2012. The Somaliland Ministry of Commerce and the Chamber of Commerce, Industry, and Agriculture conducted the survey with USAID support.

“This year’s survey shows that businesses and investors are becoming more confident in the economy,” said Somaliland Minister of Commerce Honorable Abdirizak Ahmed Khalif. “We expect that their confidence will continue to grow and that investment will continue to increase.” read more

Investors ready to pump billions of dollars into calm Somaliland

Somaliland farmers with their herds of goat wait for buyers at the Sayladah market in Hargeisa. The country has a huge livestock population. Photo/FILE

www.guulgroup.com Guul Group (GG) is operating or investing with a diverse number of companies from different industries as part of its varied and growing portfolio across Somaliland and potentially the Horn of Africa. The company is both dynamic and entrepreneurial; purposefully pursuing emerging markets with an emphasis on innovation, growth and ethos. A business that invests, continuously seeks investment opportunities, provides forward thinking services whilst striving to ensure that there is a great push for Corporate Social Responsibility. GG provides investment opportunities with the aim of bringing and working with foreign investment and strategic alliance partners on projects in Somaliland and potentially other Horn of Africa markets, which earn considerable/realistic profits for the investors through investments and projects that have a substantial potential return on investment (ROI). We are constantly looking for new ideas, opportunities and partnerships, please get in touch: growth@guulgroup.com. read more

Somaliland: open for business

The self-declared independent state in the north-west corner of conflict-ridden Somalia has been an oasis of calm, and it is now seeking foreign investment. 

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Amid the war-ravaged landscape of Somalia, the self-declared independent state of Somaliland has carved out a reputation for relative calm.

Last week’s London conference on Somalia made a nod to Somaliland, formerly a British protectorate, and the semi-autonomous region of Puntland. Without naming them, the final communique “welcomed the success in some areas of Somalia in establishing local areas of stability, and agreed to increase support to build legitimate and peaceful authorities, and improve services to people living in these areas”. read more