NAIROBI, KENYA — The Somalia-Kenya Business Week 2025 has marked a significant step forward in trade and investment relations between Somalia and Kenya. Held in Nairobi, the event featured the participation of 76 companies and focused on enhancing trade facilitation and investment opportunities between the two nations.
Highlights and Outcomes
Somalia’s Minister of Planning and Investment, Mohamud Abdurahman (Beenebeene), underscored Somalia’s new status as a debt-free nation, which boosts international confidence in its investment landscape. The event also addressed key issues such as simplifying cross-border trade and tackling customs and tax challenges, with contributions from both Somalia and Kenya’s leading commerce officials.
Economic Impacts
Since Somalia’s accession to the East African Community (EAC) in December 2023, it has increasingly integrated into regional trade networks. Last year, Kenya’s exports to Somalia were valued at $155.2 million, predominantly in goods, whereas Somalia exported $348,000 worth of fish and livestock to Kenya.
Future Prospects
This conference is expected to pave the way for forthcoming agreements and greater economic cooperation, enhancing the trade dynamics between the two countries. Both nations anticipate these strengthened ties will lead to more robust economic growth and mutual benefits in the coming years.
