Service Sector
The most dependable sector of Somalia’s productive sectors.
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Education
Due to the two decades of conflict, a generation of Somali children lost the opportunity for formal education and other benefits of a stable childhood. According to UNICEF, Somalia has one of the world’s lowest enrollment rates for primary school-aged children – only 30 percent of children are in school and only 40 percent of these are girls. Further, only 18 percent of children in rural households are in school.
Substantial investment is needed in the education sector to revitalise the sector and allow generations of young somalis to join and benefit from the formal education.
Investment Opportunities IN Education:
Kindergarten Schools
Primary Schools
Training consultancy services
Educational material supplies
Investments in education housing facilities
Investments Centers of Excellence for each Federal Member State & Benadir Regional Administration
Investments Specialised professional and language training colleges
Day and Boarding Secondary Schools
Curriculum and books printing services
Investments in in extracurricular facilities
Investments in text books distributions
Investments in modern libraries
Investments in ICT infrastructure (national school networking)
Investments in education 4.0
Sports
Globally, sports is recognised as a means to promote education, health, development and peace. Sport has great power. It gives pleasure. It has a positive impact on the physical and mental health of children and young people. Sports teaches people values such as fairness, tolerance, respect and discipline. It boosts self-esteem and self-confidence, and increases people’s willingness to take on responsibility, life skills which help people to cope with difficult situations and to take their future into their own hands.
Investments in sports grounds are not only attractive infrastructure, they are also places where people can meet, exchange ideas and enjoy companionship.
Investment Opportunities IN Sports:
Investments in Construction and management of level one stadium for each Federal Member State to provide standard football pitches, running tracks, swimming pools, rugby, cricket and boxing and other amenities.
Sports Education: continuing education for coaches and trainers is equally vital for sports development in Somalia,
Investment in health clubs, Gym and Fitness centers,
Sports equipment supplies,
Investing in retail and apparel stocks
Investments in minor league team
Health
Somalia suffered from a complex humanitarian emergency for the past two decades of internal conflicts, recurrent cycles of prolonged drought and floods. According to WHO-Somalia, The protracted crises and political instability in Somalia has disrupted the health systems leading to gross underperformance.
Persons displaced by the floods, drought and conflict are living in temporary IDP camps across the country with limited infrastructure such as shelter, potable water and healthcare services as well as limited supply of food leading to widespread malnutrition.
These conditions created suitable conditions for the spread of communicable diseases such as cholera, measles whooping cough and malaria These floods, drought and conflict are the main underlying factors responsible for the increasing health needs across the country.
Investment Opportunities IN Health:
Investments in Mother and Child hospitals in each Federal Member State and Benadir
Investments in Referral Hospital in each Federal Member State
Drug/Medicine Supplies with proper storage capacities
Provision of e-health services
Manufacturing of biomedical equipment:
Investments in Pharmaceutical Manufacturing industries
Investment Opportunity in the provision of specialised medical care in areas like neurology, urology, orthopaedic, plastic surgery
Investments in medical training facilities
Investments in Pathology and Diagnostic Imaging facilities
Investments in Medical Research and Development
Cardiac surgery-heart,
Investments in Health furniture manufacturing
Real Estate & Construction
A new housing boom in Somalia, riding on increased demand, a sizable population returning from the diaspora in the wake of stability has seen the emergence of elegance, class and tastes on the sector that has now seen an appreciation in the real estate sector.
A number of successful residential projects has been undertaken in Mogadishu and in a number of Federal Member States. Most notably are Darussalam Estate, Jazeera Estate Kismayo and in Hargeisa.
Investment Opportunities IN Real Estate & Construction:
Investments in Interior Decor
Investments in Real estate developers
Investments in Realtors services
Investments in Survey and Valuer services
Investments in Architectural services
Investments in Urban planning consulting services
Investments in Property management
Investments in Long term Real Estate financing/mortgage
Investments in Paint manufacturing
Investments in Glass manufacturing
Investments in Aluminium Manufacturing
Investments in Cement Plants
Media & Information
Media landscape in Somalia was intendum with the realities on the ground. Many significant improvements took place since 2012 due to the stability, freedom of expression and the changing content trend from a war reporting to a development content.
Radio, TV and online news websites remain the main source of information. This has made the print less dominant due to the absence of printing services in the country. Media is a key platform to advance the progress and development of Somalia in all aspects of its sphere.
Investment Opportunities IN Media & Information:
Multimedia/Media Training Institute
Investments in Printing press
Investment in Multimedia Content Production
Investments in technology and Production
Investments in Public Relations Services
Investments in Strategic Communication Services
Investment in Media Agency Services
Investments in Out-of-Home Advertisement
Investments in Distribution systems
Investments in Daily Newspapers
Investments in interpretation and translations services
Hospitality & Tourism
Due to the increased number of foriegn business persons, the Somalia diaspora and the increasing stability in Somalia has encouraged local businesses to invest in hospitality services to match the demand. There is no doubt that travelers trajectory will be on the rise. Local players must upscare their hospitality offerings both in quality and quantity. Current national bed capacity is estimated at 100,000 which is far much lower than the current demand.
Investment Opportunities IN Hospitality & Tourism:
Investments in Suite Hotels
Investments in Extended Stay Hotels
Investments in Serviced Apartments
Investments in Business Hotels
Investment in Tour services
Investments in Aviation hospitality sector
Investments in Cruise and Cultural tourism
Investments in Conference and Convention Centres
Investments in Airport Hotels
Related Documents
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Agribusiness and Food Security Study
March 4, 2024 -
Energy Sector Study
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Hospitality Sector Study
March 4, 2024 -
ICT Sector Study
March 4, 2024 -
Somali Energy Sector – Booklet
June 30, 2022 -
World Investment Report 2022
June 9, 2022 -
Somalia Energy Sector Investment Report, 2022.
May 23, 2022
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