Priority Sector Investment Study - Somalia's Professional Services Sector

This comprehensive investment study examined Somalia's Professional Services Sector to identify opportunities and promote strategic investment aligned with the National Transformation Plan (NTP) 2025-2029. Commissioned by the European Union through the EU-funded Support to EU-Somali Dialogue on Investment and Trade (SDIT) program by Cowater International, the study provided in-depth market intelligence across eight key professional service sub-sectors including IT, finance, legal services, marketing, construction planning, healthcare, education, and management consulting. Through extensive stakeholder consultations, case study analysis, and market mapping, the research delivered actionable insights to attract foreign direct investment and diaspora investment while supporting Somalia's economic transformation objectives.

Client

Somalia Investment Promotion Office (SOMINVEST) - Ministry of Planning, Investment and Economic Development

Time

6 Months

Client Background

The Somalia Investment Promotion Office (SOMINVEST) operates within the Ministry of Planning, Investment and Economic Development (MoPIED) of the Federal Republic of Somalia. SOMINVEST is mandated to promote and facilitate investment opportunities across priority sectors, develop sector-specific investment campaigns, and provide market intelligence to potential investors including diaspora communities and international partners.

Client Testimonial

The training program on budgeting and PFM organized by Waayeel Consulting exceeded my expectations. The facilitators were highly knowledgeable professionals who used practical examples that made the concepts easy to grasp. My skills in budget planning, implementation and reporting have significantly improved. I now feel more empowered and confident to champion transparency and accountability in managing scarce public funds.

Mohammed Abdirizak

Senior Officer, Budget Department at the Ministry of Finance