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
The raggedy cargo truck drives onto the ferry which immediately sinks deeply into the water, only seemingly buoyed by the grace of mother nature. The truck appears misplaced on the ferry, but locals assure me that this is the cheapest and quickest route to the final destination. “This is Africa” is often an overused phrase, but this truck is a microcosm of the continent’s transport and logistical challenges (and subsequent investment opportunities).
It is an often overlooked fact, but only about 30% of African roads are paved, and 50% remain in “poor condition,” according to the United Nations Economic Commission for Africa. It is this reality that makes shipping cement from Shanghai to the shores of Djibouti about 60% cheaper than shipping from Ethiopia’s capital Addis Ababa to neighboring Djibouti by road. This statistic does not indicate better things for ports. The same UN report estimates that Africa’s ports productivity is mere 30% of the international norm. This is logistics in Africa. But why?read more
Somalilandsun – Due to The Development of the country, Pontus Marine Limited which is Somaliland’s First global Fishing Company with its aim of focusing on supplying quality fishery to domestic and overseas market Welcomes Local Investment Participation to Somaliland.
Speaking to Somalilandsun Mr. Ahmed Abdulqadir Ahmed Public and Communication Manager to Pontus Marine said that Their Company is launching a Development Program to the Country towards Fishing Opportunitiesread more
(Somalilandsun – Guul Group has developed a network and mustered years of experience working with individuals, groups, institutions and government agencies in Somaliland, Somalia and the Horn of Africa.
The company has been in business in Somaliland for a while and now deeply understands the tenets of doing business in the area. The level of experience garnered by Guul Group through the successes and challenges has put the company in a suitable position to offer proficient consultancy services to individuals and businesses that eye doing business in Somaliland.
Consequently, Guul Group is currently offering services in Business planning, development & strategy, project management, event management, marketing, branding and training, all of which are provided across Somaliland and Somalia with partners across the Horn of Africa.
So far, the company has enabled a number of investors to take advantage of business investment opportunities in Somaliland and have been able to reap hefty profits through such informed business initiatives. Guul Group works with individuals, small, medium and large sized businesses in enhancing a more conducive investment environment through acquiring, analysing and presenting practical business information to interested businesses.
Entities that would like to make worthwhile investments in the region should not hesitate to contact Guul Group. That is because investment should not be done blindly, but should be spearheaded by a well informed entrepreneurial team with up to date hands-on information about the potential business environment. That is what Guul Group has to offer. With a wide network, business experience, projects management and marketing projects, Guul Group is the exact service provider that you need to provide you with invaluable consultancy services that will guarantee your business prosperity.
Business in Somaliland is lucrative, but that can be elusive if the initial process of setting up the business is not well done. There are a number of challenges that are associated with investing in Somaliland, particularly if it is by someone who has not done extensive research or contracted the services of a well informed consultancy company like Guul Group.
If you really want to do business in Somaliland, Somalia and in extension, the Horn of Africa, you should contact Guul Group for its consultancy services in business, management and marketing.
About Guul Group
‘Guul’ meaning ‘success’ in the Somali language has been incorporated with the English word ‘Group’ to portray and highlighting the amalgamation, collaboration and affiliation of successful Somali and foreign investors. Guul Group is a corporation that has a sizeable portfolio and is operating across a range of sectors that include agriculture, livestock, and consultancy. It has striven to establish and bolster trade within Somaliland, Somalia and the rest of the Horn. The company is fully primed to invest and create in the region’s growing economy thus will contribute to the eventual growth of the region.
Guul Group’s vision is to spread its wings far beyond the Horn of Africa with significant international operations in many industries by 2020. The brand is focused; a clear vision of the future, guiding the organisation’s path to growth. GG management envisage reaching that vision, not only by connecting and building trust with customers, consumers and clients but by entrepreneurial qualities such as pioneering, creativity, innovation, knowledge and inspiration. Guul Group’s growth plans encompasses diversification through adding new lines to existing business , adopting horizontal and vertical growth strategies and moving to new regional markets. The Group’s vision for an environmentally friendly and sustainable growth is guided by strong values of trust, credibility, quality, integrity and transparency.
Guul Group is headquartered in Hargeisa Somaliland, with partners across the Horn of Africa and the UK. We are constantly looking for new ideas, opportunities and partnerships; please get in touch.
“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