The high-level forum focused on investment opportunities across key sectors of the Somali economy, including trade, infrastructure, fisheries, agriculture, energy, and technology.
The event attracted representatives from both Somali and Italian companies and is expected to pave the way for new partnerships and commercial agreements. Speaking at the event, Somalia’s Minister of Commerce and Industry, Jama Hassan Khalif, said the presence of nearly 20 Italian business executives in Mogadishu underscored the growing confidence of international investors in Somalia’s economic prospects.
“I am proud to have hosted the Somalia–Italy Business Week here in Mogadishu. Nearly 20 Italian business executives travelled to Somalia to explore opportunities firsthand — a reflection of Somalia’s growing appeal as an investment destination and the rising confidence we have seen in recent years in Somalia’s overall business environment,” the minister said.
The event brought together senior government officials led by Deputy Prime Minister Salah Ahmed Jama, alongside prominent members of Somalia’s private sector. Minister Jama noted that Somalia and Italy share longstanding historical ties that continue to provide a strong foundation for expanding economic cooperation.
“The ties between our two countries run deep, and the commercial potential is real,” he said, expressing appreciation to IBS Bank, Pollink Group, the Ministry of Foreign Affairs and International Cooperation, and the Ministry of Commerce and Industry team for their role in organizing the forum. Officials described the gathering as an important platform for promoting foreign direct investment, strengthening bilateral economic relations, and showcasing Somalia’s improving business climate to international investors.
The issue is likely to carry broader political weight as Somalia navigates federal power-sharing, regional competition and the search for stronger public institutions.
