Somalia Investment Promotion Office

SOMINVEST
joins WAIPA

SOMINVEST is a member of World Association of Investment Promotion Agencies (WAIPA)

SOMALIA
is Open for Investment

National Investment Promotion Strategy (NIPS) identifies farming as one of the critical sub-sectors of agriculture that is ready for Foreign and Diaspora Direct Investments

SOMALIA
Is Open for Investment

Somalia will make use of its strategic position and long coastline to facilitate development of its Blue economy. Time to re-discover Somalia’s hidden treasure and make use of our new frontier of African renaissance.

SOMALIA
Is Open for Investment

Crops remain the main sources of economic activity, employment, and exports in Somalia. Agriculture’s share of gross domestic product (GDP) is approximately 75%, and represents 93% of total exports.

SOMALIA
Is Open for Investment

Somalia's annual sesame exports stands at a record $300 million. The global sesame trade is appreciating the quality and quality of the Somalia sesame produce which employs tens of thousands of farmers, as we steadily revive our agriculture sector.

SOMALIA
Is Open for Investment

Somalia is strategically positioning itself to become the region's transshipment and trade gateway through the use of its geographical location and use of its port assets.

SOMALIA
Is Open for Investment

According to the National Development Plan, Livestock is the main repository of household and national wealth, and the export-oriented pastoralist production system provides an important investment opportunity.

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Investment Opportunities

Discover Somalia’s investment sectors, ready for Foreign Direct Investment. All sectors offer high returns and potential expansion and spill-over.

Vision

” To Promote and Sustain Direct Foreign Investment flow to Somalia”.

Mission

” SOMINVEST will endeavor, through the use of cutting-edge technology and strategies, to promote Investment flow to Somalia; re-brand Somalia; facilitate and support investor entry and retention; and continuously advocate for an investor friendly eco-system “.

Main Objectives

Promote Foreign Direct Investment flow to Somalia.
Develop and maintain scientific investment related data that can aid investors make smart choices to invest in Somalia.
Establish investor outreach platforms and missions to facilitate investor entry.
Execute a robust communication strategy to position Somalia as a favorable investment destination.
Provide Aftercare support and dispute avoidance/resolution mechanism to improve investor experience.
Offer policy advocacy and support across the investment cycle.

Why Invest in Somalia ?

Somalia is one of the rare countries in the world that potentially has numerous types of natural resources.

Close Transshipment lines

Efficient Telecommunications

Foreign Investment Law

Effective IPA Support

Available International Markets

High Return Rate Sectors

Affordable Forkforce

Stable Governance Institutions

Innovative Financial Sector

Moderate Inflation Rate

Stable Exchange Rate

Upcoming Events

INVEST IN SOMALIA ENERGY PLATFORM

15 Dec

INVEST IN SOMALIA ENERGY PLATFORM

WAIPA Annual General Assembly

07 Dec

WAIPA Annual General Assembly

Our Partners

Gallery

2022 | 1st Quarter

2022_03_05_DUBO_DG_ZUBAYR-5

2022_03_05_DUBO_DG_ZUBAYR-8

2022_03_05_DUBO_DG_ZUBAYR-2

2022_03_06_Electricity_Sector_Meeting-1

2022_03_06_Electricity_Sector_Meeting-2

2022_03_06_Electricity_Sector_Meeting-4

2022_03_06_Electricity_Sector_Meeting-5

2022_03_06_Electricity_Sector_Meeting-6

2022_03_06_Electricity_Sector_Meeting-7

2022_03_06_Electricity_Sector_Meeting-8

2022_03_06_Electricity_Sector_Meeting-10

2022_03_06_Electricity_Sector_Meeting-11

2022_03_06_Electricity_Sector_Meeting-12

2022_03_06_Electricity_Sector_Meeting-13

2022_03_06_Electricity_Sector_Meeting-14

2022_03_06_Electricity_Sector_Meeting-15

2022_03_06_Electricity_Sector_Meeting-16

2022_03_06_Electricity_Sector_Meeting-17

2022_03_06_Electricity_Sector_Meeting-21

2022_03_06_UNIDO-1

2022_03_07_Bushra-1

2022_03_07_Bushra-2

2022_03_07_Bushra-3

2022_03_07_Bushra-4

2022_03_07_Bushra-5

2022_03_10_VILA_SOMALIA-1

2022_03_10_VILA_SOMALIA-2

2022_03_10_VILA_SOMALIA-3 2

2022_03_10_VILA_SOMALIA-3

2022_03_10_VILA_SOMALIA-4

2022_03_10_VILA_SOMALIA-7

2022_03_16_IRISE_Somalia-1

2022_03_16_IRISE_Somalia-2

2022_03_16_IRISE_Somalia-3

2022_03_16_IRISE_Somalia-9

2022_03_16_IRISE_Somalia-8

2022_03_16_IRISE_Somalia-7

2022_03_16_IRISE_Somalia-6

2022_03_16_IRISE_Somalia-5

2022_03_16_IRISE_Somalia-4

2022_03_19_Comms_Training_Somalia-1

2022_03_19_Comms_Training_Somalia-2

2022_03_19_Comms_Training_Somalia-11

2022_03_19_Comms_Training_Somalia-12

2022_03_19_Comms_Training_Somalia-13

2022_03_19_Diplomacy_Protocol_Somalia-5

2022_03_19_Diplomacy_Protocol_Somalia-11

2022_03_19_Diplomacy_Protocol_Somalia-23

2022_03_19_Diplomacy_Protocol_Somalia-27

2022_03_19_Diplomacy_Protocol_Somalia-32

2022_03_19_Diplomacy_Protocol_Somalia-34

2022_03_19_Diplomacy_Protocol_Somalia-51

2022_02_28_SNTV-8

2022_02_28_SNTV-7

2022_02_28_SNTV-4

2022_02_22_Voya_Visa-1

2022_02_22_Turkish_Embassy-3

2022_02_22_Turkish_Embassy-2

2022_02_22_Turkish_Embassy-1

2022_02_06_Somalia_Ambassador_Turkey-5

2022_02_06_Somalia_Ambassador_Turkey-4

2022_02_06_Somalia_Ambassador_Turkey-3

2022_02_06_Somalia_Ambassador_Turkey-2

2022_02_06_Somalia_Ambassador_Turkey-1

2022_02_02_WB-2-2

2022_01_30_Minister_Meets_MOT-9

2022_01_30_Minister_Meets_MOT-8

2022_01_24_Dubo-3

2022_01_24_Dubo-2

2022_01_24_Dubo-1

2022_01_23_FGS_WB_Meeting-8

2022_01_23_FGS_WB_Meeting-7

2022_01_23_FGS_WB_Meeting-6

2022_01_23_FGS_WB_Meeting-4

2022_01_23_FGS_WB_Meeting-2

2022 | 2nd Quarter