By Shire Abdi - Reporter
Somalia, 18 April 2026 Somalia has unveiled 100 investment projects in energy, infrastructure, and the blue economy to attract foreign investors, a senior planning ministry official told Dawan Media on the first day of a two-day forum in Mogadishu on Saturday.
Director General of the Ministry of Planning, Investment and Economic Development, Abdifatah Abdikadir Farah, said the projects were being presented at the forum, which has brought together Somali business leaders, diaspora investors and international partners.
“We are presenting around 100 projects prepared to international standards for investors,” Farah told Dawan Media.
He said the government was working to encourage Somalis at home and abroad to invest, adding that concerns over security had eased in some areas.
Separately, in a press statement, the ministry said the event was organised by the Investment Promotion Office (SOMINVEST) and aimed to present nationally prioritised “bankable projects” aligned with Somalia’s National Transformation Plan (2025–2029).
The ministry said the projects were prepared using internationally standardised templates to help investors better understand opportunities and make informed decisions.
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SOMINVEST Director Mohamed Dubo said the programme was designed to reduce investment risks and ensure transparency and legal clarity for investors.
“Our ‘Bankable Projects 2026–2030’ initiative is designed to offer international and domestic investors high-impact opportunities across key sectors, including energy, infrastructure and the blue economy,” Dubo said.
He added that the projects were structured to be ready for investment and aimed at attracting both foreign and domestic capital.
The launch comes as Somalia increases efforts to attract private investment and reduce reliance on external aid.
Officials say the projects are expected to support infrastructure development and job creation, particularly for young people.