Prime Minister Hamza Closes the Somalia-European Union Business Forum

Mogadishu – The Prime Minister of the Federal Government of Somalia, Mr. Hamza Abdi Barre, participated in the closing ceremony of the Somalia and European Union Business Forum (EU-Somalia Business Forum 2026), which has been taking place in Mogadishu for two days.

The forum brought together development partners, financial institutions, and private sector entrepreneurs working in Somalia and European countries, focusing on investment opportunities and economic cooperation.

Prime Minister Hamza Abdi Barre stated that Somalia is now ready for the world to invest in its strategic resources, taking advantage of its location in the region and the security situation in the country.

“Somalia is ready to say to anyone who wants to benefit from this country, to partner with us, to take on the security and unity of our nation, come with open arms. When we say that, we believe we have met the requirements for investing in Somalia,” said the Prime Minister.

The Prime Minister noted that the DanQaran Government has done a lot regarding the security of the country and the reform of national institutions, stating that Somalia is oriented towards economic development and enhancing developmental infrastructure.

He mentioned that laws have been established as a foundation for implementing a stable, reliable economic system that can lead the Somali community to economic self-sufficiency.

Mr. Xamsa Cabdi Barre pointed out that Somalia has the longest coastline in Africa, untapped mineral resources, abundant livestock, and vast agricultural land, noting that the country is ready for various types of investment.

Finally, the Prime Minister thanked the European Union for their role and the relationship they have with Somalia, as well as the readiness they have shown for investment in various sectors. He called on European investors to take advantage of the investment opportunities available in Somalia.