MOGADISHU, March 29th 2021 — In the framework of the project funded by the Italian Agency for Development Cooperation (AICS) and implemented by UNIDO, the webinar “Business opportunities in the Somali dairy sector” organized by ITPO Italy in collaboration with UNIDO Somalia and CremonaFiere took place on 30 March 2021.
Moderated by ITPO Italy Investment and Promotion Expert Mr. Francesco Pallocca, the first session of the panel discussion was opened by Mr. Ygor Scarcia, UNIDO Industrial Development Expert & Officer in Charge (O.i.C.) to Somalia, and Mr. Najib Abdi, UNIDO Somalia Programme Coordinator, who presented the activities carried out in…
MOGADISHU, January 3rd 2021 — Somalia’s network of UNIDO-backed Enterprise Development Units (EDUs) is expanding with a new one being set up in the city of Belet Weyne in HirShabelle state.
Funded by the Government of Italy, in cooperation with Somalia’s federal Ministry of Commerce of Industry and the Somali Chamber of Commerce and Industry, the Belet Weyne unit will provide entrepreneurship development training, business counseling and investment promotion support to local the businesses.
The aim is to help them accelerate their ideas into business ventures and upgrade the potential of existing businesses to expand by providing access to enhanced business skills, new technologies, markets, and UNIDO’s financing facilities.
This will be the fourth EDU in Somalia, following on from units established in Mogadishu, Baidoa and Kismayo.
MOGADISHU, January 28th 2021 — Funded by the Italian Agency for Development Cooperation and through the network of Enterprise Development Units (EDUs) across Somalia, UNIDO commenced a one-on-one business counselling initiative.
The individual counselling programme consists of on-site advice and guidance to start-up or existing enterprises — to improve management skills, diagnose personal business problems or generate business ideas and opportunities.
In the first two weeks of 2021, the EDU in Mogadishu provided counselling to seven enterprises.
MOGADISHU, March 1st 2021 — UNIDO Somalia funded by AICS in collaboration with ITPO Italy organized an online EIMA exhibition roundtable at an Italian leading fair in the agriculture machinery sector. The roundtable facilitated knowledge exchange and fostered business opportunities aimed at promoting international partnership. UNIDO Somalia investment promotion component is based on the local context, and business and economic conditions in Somalia. It actively seeks to adapt investment opportunities to the attention of investors and partners in order to increase both domestic and foreign investment and enhance contribution to Somali economic development. Similar roundtable and investment promotion activities will be held at the end of February and March 2021.
MOGADISHU, December 16th 2020 — Somalia has made significant momentum towards peace and sustainable development. Within the framework of the project “Agro-technology Development for Economic Growth South and Central Somalia’, UNIDO Somalia aims to boost private sector revival by supporting Somali businesses in starting, rehabilitating and upgrading their operations, while providing access to technology, markets and financing facilities.
In this context, UNIDO Somalia, objective is to accelerate economic development and create jobs with market based technical skills development. One of the major component identified for support to the Somalia private sector and economy, is UNIDO’s Computer Model for Feasibility Analysis…
MOGADISHU, November 18th 2020 — Keeping workers in various Somali industries and sectors healthy and safe is crucial to protect public health and help businesses to survive during the COVID-19 pandemic — this is especially so as the cost of preparing the workplace and workforce for COVID-19 prevention is often lower than responding when infections and outbreaks occur.
In this context, UNIDO designed a three-day programme on COVID-19 occupational health and safety training for Somali trainers, with a particular emphasis on the risks in Somalia’s most critical economic sectors — fisheries, agriculture and livestock.
MOGADISHU, November 19th 2020 — Organized by Sealogy — the European Exhibition on Blue Economy — in collaboration with UNIDO in the framework of the Sealogy Digital Preview, the Blue Webinar “Development of sustainable fisheries in Somalia” took place on 19 November , advancing business cooperation and technological innovation for sustainable industrial development in the fishery sector of Somalia.
The online conference was moderated by UNIDO ITPO Italy Investment Promotion Expert Mr. Francesco Pallocca, and featured the participation of prominent local institutions and international organizations, illustrating current market trends and highlighting existing opportunities in the field. Panelists included Mr. Ygor…
MOGADISHU & ROME, September 29th 2020 — With support provided by UNIDO, more than 20 Somali companies took part in Macfrut Digital, the leading Italian exhibition in the fruit and vegetable sector — albeit electronically this year.
The Somali companies, assisted by the Entrepreneurship Development Units (EDUs) established by UNIDO in Mogadishu, Kismayo and Baidoa, received more than 50 requests for partnerships from several countries, primarily buyers interested in tropical fruits and citrus, as well as technology providers in the horticulture sector.
The Somali virtual presence also included a video message to potential business partners from the country’s Minister of…
Baidoa, September 8th 2020 — Somalia has one the world’s biggest ‘youth bulges’ — that is, around 60 percent of its estimated population of some 15.9 million people is under the age of 30, according to the World Population Prospects, produced by the United Nations Department of Economic and Social Affairs.
The great number means a greater need to deal with challenges related to their education, employment and a range of other issues, including their representation in the political and government spheres.
Recent developments in Somalia’s South West State (SWS) indicate that there is progress in the latter.
MOGADISHU, August 25th 2020 — To unlock the economic development potential that Somali small-and medium-sized enterprises (SMEs) may represent for the growth of Somali economy, UNIDO has partnered with the International Bank of Somalia (IBS) in offering critical enterprise loans products to Somali private sector entities looking to diversify their operations, start-up a new venture or boost their productivity.
At present, the credit availability in Somalia is either for micro-enterprises, which are mostly in the business of trading and service, or larger businesses with higher ticket size credit. According to UNIDO, there is clearly a missing middle which had to…
Official account of the United Nations Industrial Development Organization Somalia Programme — #UNIDO #UNSomalia #SDG9 #ISID #Somalia