Somaliland is peacefully situated in the Horn of North-East Africa. It is bordered by Ethiopia in the south and west, Djibouti in the northwest, the Gulf of Aden in the north and Puntland and Somalia to the east.
The estimated population is 3.85 million with roughly 45% of the population being rural / urban and 55% nomadic.
President: The Honorable Ahmed Mahmoud Silanyo
In 1960, Great Britain granted independence to its former colony. Within 5 days, with a dream of a greater Somalia, Somaliland voluntarily entered into a union with the former Italian Colony of Somalia, which had become a UN Trusteeship in 1949. However, Mohamed Siad Barre seized power in 1969 and friction increased between the different clans leading to the commencement of a civil war in 1991.
UN Trusteeship in 1949. However, Mohamed Siad Barre seized power in 1969 and friction increased between the different clans leading to the commencement of a civil war in 1991.
On the 18th May, 1991, Somaliland declared independence from Somalia. Since 1991, Somaliland has been de facto, independent and autonomous. It has received critical acclaim for being democratic and credit for its government that has seen peace, order and justice flourish for decades.
The next decade is about furthering prosperity in Somaliland.
There is a growing consensus around the world that this performing state now deserves due recognition of its independence (which is fully supported by international law) to allow it to prosper and to become a shining example for others in the region to emulate.
Unleashing Somaliland’s potential can be the catalyst for peace and prosperity throughout the horn of Africa region.
Catalysts For Growth
The opportunities for investment in Somaliland are very significant.
Two near term catalysts for growth are:
- Development of Berbera Port, with particular short term-focus on the container port, which will create an alternative trade route for Ethiopia and other prospering regional neighbours.
- Expansion of the oil industry both domestically and regionally.
The government has a positive, expansive and inclusive vision for the future. This combined with the hard working and industrious nature of the Somaliland people, allows for significant investment and growth opportunities.
Somaliland now has the opportunity to become an economic success story. The development of the port and the growth of the oil industry will lead to economic expansion and the urban fabric of Somaliland will start to grow. Initial focus will be on the following areas: Infrastructure, housing, education, medical / welfare and security.