Hormuud Telecom Spearheads Local Production Promotion Forum in Somalia

In an impactful event held on Monday in Mogadishu, Hormuud Telecom, one of Somalia’s leading telecommunication companies, orchestrated its annual forum dedicated to promoting local production within the country. The distinguished attendees included the Minister of Commerce, eminent representatives from Hormuud Telecom, and experts specializing in natural resource development.

Hormuud Telecom, emphasized the forum’s crucial role in providing substantial support to Somali businesses and cooperatives. These entities, despite challenging circumstances, have persevered in their efforts to produce essential goods and sustain the community.

In his opening address, Ahmed Mohamud Yusuf, the Chairman of Hormuud Telecom, underscored the imperative for the Somali people to judiciously harness their abundant natural resources, encompassing agriculture, fishing, and livestock. He highlighted the forum’s objective, which was to introduce new research findings related to natural resource development and showcase significant achievements by Somali entrepreneurs throughout the year.

Soundbite of the Chairman

Also, Jibriil Hajji Abdi, the Minister of Commerce, lauded Hormuud Telecom for this proactive initiative, acknowledging its pivotal role in fostering local production growth. The Minister emphasized Somalia’s wealth of natural resources, lamenting the underutilization of these assets. He urged the nation to achieve self-sufficiency in food production and encouraged Somali business leaders to invest more significantly in natural resources. He assured the government’s unwavering support for these endeavors.

Soundbite of the Minister

This forum took place against the backdrop of alarming statistics released by the United Nations agency, indicating that 1.2 million individuals and 1.5 million hectares of productive land in Somalia are currently under significant risk of flooding. These figures underscore the urgent need for comprehensive and coordinated disaster management strategies, making initiatives like the Local Production Forum even more crucial for Somalia’s sustainable development.