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