>> <

The Somalia NGO Consortium promotes information sharing, cooperation and joint advocacy initiatives amongst local and international NGOs working in Somalia and Somaliland through the following activities:

Provides a forum for and actively supports members to promote dialogue, collaboration, learning experiences and information exchange

Regularly shares information collectively and advise NGOs bilaterally

Represents Consortium members to governments, UN agencies, donor groups, and multilateral organisations at local, national, and international level.

Facilitates and supports advocacy initiatives, including raising public awareness of programming in Somalia, on behalf of the membership

Ensures synergy of Consortium objectives and activities with the NGO Safety Programme (NSP), providing specialised, coordinated and focused security management support to reduce risks posed to personnel and assets

Recent News

Dubai Conference Explores Somalia’s Potential Investment Opportunities

Despite security challenges, Somalia’s which is recovering from decades of war is now showing signs of recovery, looking forward to overcome decades of conflict which entirely shattered the country’s economic infrastructures to offer a wide range of  investment opportunities.Somalia’s capital has received a new thrust in recent years, thanks to the relative stability in the city following the ouster of Islamist militants in 2011, showing some indicators in business opportunities.

Foreign business entities and potential donors have since started showing appetite to invest in the horn of Africa nation now to exploit the untapped markets on the backdrop of security concerns.More than 50 investment experts, investors, business professionals including Somalis and practitioners have gathered at the Annual Investment Meeting in Dubai on Monday, discussing ways and means to attract investment from new streams coming from emerging markets.Most of the investors were reported to have shown interest in investing in the fields of telecommunication, transportation, airports, ports, agriculture, fishing and livestock in Somalia.

The development comes few months after Somalia's Parliament approved the foreign investment law in November last year as the country’s economy which survived years of chaos still faces hurdles as result of lack of regulations and competitions.In recent years, Somalia's government has been trying to encourage direct foreign investments for the country, in spite of security threats by the insurgent forces which continues deadly guerilla attacks across large parts of south and central Somalia.

According to the United Nations Development Programme (UNDP), as of 2012 Somalia had some of the lowest development indicators in the world, in addition to a "strikingly low" Human Development Index (HDI) value of 0.285.This would rank the impoverished horn of Africa nation amongst the lowest in the world as result of "inequalities across different social groups.

Foreign companies have pulled out from Somalia in 1991 after warlords overthrew the central government, leading the destruction of state institutions and a deadly civil war.Local private companies have since filled the void, creating thousands of jobs and helped the country to survive despite serious challenges including civil unrest and chaos.

For More Information, Click Here

 

 

 

 

 


Who, What, Where

Africa

Get up to date information about programmes running in Somalia by viewing our Who, What, Where map.

The interactive WWW map tracks operational presence in Somalia, and is meant to increase cooperation and coordination between the Consortium members and other organisations.

Learn More