Horn of Africa Business Association optimistic about Somaliland

[Xaaji Xunjuf]

Horn of Africa Business Association optimistic about Somaliland

 

With Europe and North America currently enduring economic hard times it should come as little surprise that a number of companies and enterprising individuals have begun to seek out new and potentially lucrative markets. Africa is seeing unprecedented growth in a variety of sectors ranging from aggregates and agriculture to telecommunications and the service sector.

What might once have been seen as frontier markets are now entering the mainstream and such is the demand for solid market intelligence and credible contacts that the Horn of Africa Business Association (HABA) has been launched in London with the intention of facilitating business engagement with and within the Horn and the Greater Horn. HABA works with following countries: Djibouti, Eritrea, Ethiopia, Somalia and Somaliland (The Horn of Africa), Kenya, South Sudan, Sudan, and Uganda (The Greater Horn) as well as forging further business links with Burundi, Rwanda and Tanzania.

 

“China and India have both recognized the opportunities and we are aware that businesses in other countries are waking up too. HABA is endeavouring to meet a real need and the market is considerable: 12 countries – 278 million people – 1 dynamic region.” – Mohamed Yussuf Ali, Operations Director, HABA.

 

With regional improvements in infrastucture HABA believes that futher business opportunities will open up for Somaliland and the wider region. Recently the European Development Fund announced it is prepared to provide 3.8 million euros for a feasibility study for the Berbera-Togochale road.

 

As well as having a consultancy division HABA offers a range of benefits to its members:

 

• Supplying them with a wealth of useful information through programs and communications, including policy and market developments

 

• Offering seminars, symposiums and workshops with a view to more effective understanding of the dynamics and opportunities of the region

 

• Facilitating networking between members

 

• Leveraging on commercial/ trading relations; key relationships with embassies and high commissions in London and with governmental entities throughout the Horn and the Greater Horn.

 

Such has been the interest in HABA that it has already been approached to establish chapters in Dubai (UAE), Kampala (Uganda) and Mumbai (India).

 

For further details visit: http://www.ha-ba.com

[Carafaat]

Good initiative.

 

Imagine Horn of Africa Business Associations opening up offices around the world, supporting members in three diffrent languages(Kiswahilli, Somali and Amharic). What a sight!

[sharma-arke451]

the horn of africa =somalil??