Investment Training on Somalia Opens in Nairobi

GOOBJOOG NEWS|NAIROBI: An investment training aimed at equipping local and international investors in Somalia on the investment opportunities and the business environment has opened in Nairobi.

Somalia’s ambassador to Kenya Jibril Ibrahim Abdulle inaugurated the Somali Investment Academy (SOMINA) at Strathmore University’s Business School Monday.

The five-day training focuses on investment-structuring risks and how to address them building on best practices by the World Bank and other organisations.

The training is jointly supported by Strathmore Business School and the International Finance Corporation, a development investment arm of the World Bank.

Ambassador Jabril Ibrahim Abdulle emphasized the academy’s role in fostering an environment for developing business skills and entrepreneurial mindset among Somalis.

“Honored to be a keynote speaker at the inaugural ceremony, the significance of SOMINA in fostering a culture of learning and innovation among Somali entrepreneurs was highlighted,” said Ambassador Jibril.

The training comes at a time Somalia has become a full member of the East African Community and is set to open more investment opportunities in Somalia and the region.