Good Example of business development

Somalia’s business development has attracted a lot of investment such as the introduction of salaam somali bank, this step has been made possible by somali businessmen who have led their country to significant development.

Salaam Somali Bank (SSB) is the first privately owned bank in Somalia. We began our operations on October 2009. The bank is regulated by the Central Bank of Somalia. SSB is owned by trusted Somali business owners and is run by a dedicated team of professionals with over 20 years of experience in banking and financial management services.

Salaam Somali Bank is the largest privately owned bank in Somalia in terms of branch coverage and customer base. We have over 15 branches in Mogadishu and 8 branch

HORMUUD TELECOM

HORMUUD TELECOM LEADING TELECOMMUNICATIONS PROVIDES

Hormuud operations are successful and expansive and include telecommunications, mobile money, internet and other key sectors providing efficient, trusted, and low-cost services. Hormuud Telecom has created over 30,000 jobs, serving millions of customers. Hormuud also provides a critical economic and transformative lifeline to the Somali population. 

From humble beginnings, Hormuud started in 2002 as a telecommunication company and has grown to become the leading, purpose-driven company in the Horn of Africa.

In 2019, Hormuud is working on three exciting initiatives:-

1)   Hormuud is proud to present their new mission statement

2)   2019 will see the roll out of expanded fibre optic services across southern and central Somalia, with plans for further regional growth. 

3)   Hormuud is also taking all reasonable steps to implement the GSMA mobile money compliance framework in order to build further trust with our consumers, investors, commercial partners and legal and regulatory bodies.