The Somali Stock Exchange (SSE) is poised to make history with the upcoming launch of the Somali Capital Markets Forum, set for June 23, 2025, in the vibrant city of Mogadishu. A milestone for Somalia’s financial landscape, this event signals a bold move towards invigorating the nation’s capital markets and capturing investment attention from near and far.

Imagine a gathering where government officials, seasoned investment pros, financial institutions, global development partners, and ambitious entrepreneurs converge. This forum promises rich discussions, compelling keynote talks, and dynamic networking around vital themes like capital market expansion, green financing, and healthcare investments.

Since its inception in 2015, the Somali Stock Exchange has been on a progressive path, establishing pivotal hubs in Mogadishu, Hargeisa, and Garowe. Born out of the vision set by the Somali Economic Forum, its mission is crystal clear: to catalyze foreign direct investment and spur growth in the private sector 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,” said Hassan Dudde, CEO of the Somali Stock Exchange.

This conference is particularly timely, aligning with a growing East African trend in capital market development. Ethiopia’s recent launch of a securities exchange and Burundi’s plans for one underline a regional renaissance. For Somalia, this forum offers a strategic platform to attract fresh investments and empower local enterprises through robust financial frameworks.

Expect high-level participation from the Somali government, with a focus on sourcing capital for ambitious infrastructure ventures, inspired by the success of the privately-driven Garacad Port project—one of the region’s major investment triumphs.

“As we embark on 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,” commented Hon. Hirsi Ganni, Minister of State, Office of the Prime Minister, Federal Republic of Somalia.

The signs are encouraging. Somalia’s GDP blossomed by 3.7% in 2024, with a 3.9% increase anticipated for 2025. Notably, foreign direct investment has surged by 10.5%, with further growth on the horizon.

The event boasts backing from AlHuda Centre of Islamic Banking and Economics (CIBE). Founded in 2005, AlHuda CIBE is an instrumental player in Islamic finance, with roots spanning the UAE, Pakistan, South Africa, and beyond. Their involvement enriches the forum with global insights and expertise.

This is not merely an event; it’s an opportunity. A chance to shape the financial future of Somalia, nurture sustainable growth, and foster collaboration that transcends borders.