Somali President Hassan Sheikh Mohamud addressed the Alamein-Africa Business Forum in Alamein, Egypt, on Sunday, April 10, 2026. He encouraged African and international investors to consider Somalia as a prime destination for investment. According to the President, Somalia is in the process of rebuilding and reforming its economy after years of conflict. He emphasized that the country is open to trade and investment, welcoming anyone willing to collaborate on development projects.
The Alamein-Africa Business Forum brought together prominent African leaders, ministers, business executives, investors, and financial institutions. The event provided a platform for Somalia to showcase its economic potential and investment opportunities. President Hassan highlighted the significance of greater economic cooperation and integration among African countries, citing global economic and political changes. He stressed that stronger economic ties would be crucial for the continent's future growth and development.
During his address, President Hassan emphasized the importance of productive investment in creating jobs, expanding the economy, and supporting sustainable development in Somalia. He urged African businesses, companies, and international investors to take advantage of the opportunities available in the country. The President's appeal is part of Somalia's efforts to attract investment and expand its economy, as the government pursues economic reforms and strengthens state institutions.
President Hassan also underscored the need for African countries to work together to develop trade, infrastructure, financing, and links between their markets. He believes that Africa's economic future depends on stronger cooperation and investment among its nations. By fostering economic partnerships and collaborations, Somalia and other African countries can leverage their collective potential to drive growth and development.
The Alamein-Africa Business Forum offered Somalia a valuable opportunity to build trade and business partnerships with participants from across Africa and beyond. The country's presence at the forum was seen as a significant step in its efforts to re-engage with the international community and attract much-needed investment. Somalia has faced decades of conflict and political instability, but the government is committed to rebuilding and reforming the economy.
Somalia's economic reforms and efforts to strengthen state institutions have been ongoing in recent years. The government has implemented various initiatives aimed at improving the business climate and attracting foreign investment. President Hassan's address at the Alamein-Africa Business Forum was seen as a positive step in promoting Somalia's economic potential and encouraging investors to consider the country as a viable investment destination.
The Somali government's efforts to attract investment and expand its economy are critical to the country's long-term growth and development. With the right investment and support, Somalia has the potential to become a significant player in the African economy. As the country continues to rebuild and reform its economy, it is likely to offer increasingly attractive opportunities for investors and businesses looking to expand into the African market.
Key points
- Somali President Hassan Sheikh Mohamud urges investors to explore opportunities in Somalia at Alamein-Africa Business Forum.
- Somalia is rebuilding and reforming its economy after years of conflict, with a focus on attracting investment and promoting sustainable development.
- The Alamein-Africa Business Forum provided Somalia with a platform to showcase its economic potential and build trade and business partnerships with participants from across Africa and beyond.
