Somali Stock Exchange

[1] Historically, shares in Somali businesses have been bought and sold informally through close networks.

However, economists have noted that in recent years, the emergence of various stock exchanges in African states has played a pivotal role in fostering economic and private sector growth.

[1] The substantial demand for capital is increasing by the day for Somali businesses, consisting of both large firms and SME’s.

[2] According to the latest figures, the capital inflow to Somalia is increasing and it is being driven by both the Somali diaspora and foreigners.

[3] The aim was to create a sustainable capital market in Somalia, where holders of financial securities such as stocks, bonds and buyers or investors can meet and share in long-term growth.

All smiles Hassan Dudde CEO, Somali Stock Exchange and Nandini Sukumar, CEO, World Federation of Exchanges (WFE) meeting at the 10thArab Federation of Exchange in April 2019 in Cairo, Egypt
Somali Stock Exchange hosts its first Ring the Bell for Gender Equality event in March 2022