
Somalia to Host Inaugural Capital Markets Forum in Mogadishu


The forum will bring together a diverse group of participants including government officials, investment professionals, financial institutions, international development partners, and entrepreneurs. It will feature expert panel discussions, keynote presentations and networking sessions focused on capital markets development, green financing, and healthcare investment.
Somalia officially launched its first stock exchange in 2015 and continues to build momentum, having already established operational hubs in Mogadishu, Hargeisa, and Garowe. The exchange was founded by the Somali Economic Forum with a core mission to drive Foreign Direct Investment (FDI) and stimulate private sector growth across the country.
"Our
mission is to bring important capital market issues to the attention of
investors, regulators, and financial institutions, while proposing solutions
through constructive dialogue. We want to ensure that the business and finance
sectors can engage meaningfully to support economic transformation.” Hassan Dudde, CEO of the Somali Stock
Exchange, said
The event arrives at a time when East Africa is experiencing renewed interest in capital market expansion. Ethiopia has recently launched its own securities exchange, and Burundi is preparing to introduce one in the near future. Somalia's initiative aligns with these regional developments, offering a platform to attract new investment and support local businesses in raising capital through structured financial systems.
Senior figures from the Somali Government will also participate in the forum. The government is actively seeking capital to support large-scale infrastructure projects, building on the success of the privately-led Garacad Port – considered one of the most ambitious investment projects in the region.
"As we begin a new phase under the National Transitional Plan, it is essential to develop all sectors of the economy. Strengthening public-private partnerships will play a central role in ensuring sustainable growth and resilience.” Hon. Hirsi Ganni, Minister of State, Office of the Prime Minister, Federal Republic of Somalia, commente
Somalia’s economy is showing encouraging signs. GDP grew by 3.7% in 2024, and projections indicate a further rise of 3.9% in 2025. FDI inflows have grown by 10.5%, with continued upward trends expected.
The Somali Capital Markets Forum 2025 is supported by AlHuda Centre of Islamic Banking and Economics (CIBE). Founded in 2005, AlHuda CIBE is an established global player in Islamic finance services, operating across the UAE, Pakistan, South Africa, and beyond. Their support brings additional expertise and global perspective to the event.
The forum will provide a critical opportunity to shape the future of financial markets in Somalia and foster a collaborative approach to sustainable economic development.
ENDS
For media enquiries or further information, please
contact:
Email: [email protected]
Website: www.sse.so
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Somalia to Host Inaugural Capital Markets Forum in Mogadishu
Mogadishu, Somalia – The Somali Stock Exchange (SSE) has announced the launch of the Somali Capital Markets Forum, scheduled to take place on 23 June 2025 in Mogadishu. The event marks a pivotal moment in the development of Somalia's finan