The Somali re-emergence in global trade creates immense trade and investment opportunities to explore. Somali adaptability shows in a dynamic private sector that contributed to the expansion of the economy by 3.7 percent in 2014, driven by substantial investment and growth in agriculture, livestock, and fisheries, and in the service industry, which includes telecommunications, construction, and transport.
There has also been a substantial private investment in commercial activities, primarily financed by the Somali diaspora, and includes trade and marketing, money transfer services, aviation, education, and health. The Federal Government of Somalia has acknowledged the importance of investments and private sector development and diversification and is undertaking an ambitious reform program that will streamline the regulatory environment and investment process.
