Multinational companies venturing into the Horn of Africa via Somaliland

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Suhail Albanna, CEO and Managing Director of DP World Middle East and Africa, said: “Our development of the edible oil terminal is a game changer for the region and is another example of how we are reducing the cost to trade by finding solutions that meet the needs of our customers, while having a positive impact on local communities in terms of job creation and easier access to goods. As part of the Berbera port and economic zone ecosystem, this facility is the type of integrated port infrastructure that attracts international investors such as EGI looking to get closer to their customers.”

Essa Abdulla Al Ghurair, Chairman of Essa Al Ghurair Investments, said: “As a UAE-based family business, we have traded with the region for nearly 40 years. Having a facility in Berbera will continue to strengthen our business ties with the region. The presence of DP World played a significant role towards encouraging businesses like ours to invest in the region. The Berbera edible oil facility will allow us to manufacture locally, ensuring essential commodities such as edible oil are affordable and freshly available to the locals. Through manufacturing, we can play a role in creating employment and nurturing talent, especially in the skilled and semi-skilled workforce.”
 

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Sarovar Hotels and Resorts to open a hotel in Hargeisa, the capital city of Somaliland.

Ajay K Bakaya, Managing Director, Sarovar Hotels said: “In order to maximize further growth opportunities in Africa, we have added one more property in our portfolio. Having successfully operated hotels in other countries of Africa, we now look forward to provide our signature hospitality in this growing country as well.” Somaliland is a growing economy in East Africa. As a destination, it has much to offer for business and leisure travellers alike.

For the history buff, there are cave paintings and rock art, the most notable being the Laas Geel Caves. For beach lovers, Berbera an exotic coastal deserted beach, where the amazing warm waters of the Gulf of Aden stand still. The trekker and the nature traveller will have access to changing topographies from mountains to waterfalls, and to plateaus.
 

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