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Somali National News Agency > Blog > Local News > Deputy Prime Minister Attends Mogadishu Market Exhibition, Calls for Private Sector Growth
Local News

Deputy Prime Minister Attends Mogadishu Market Exhibition, Calls for Private Sector Growth

By Abdiqani Abdullahi
Last updated: February 13, 2025
2 Min Read
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Mogadishu, SONNA – The Deputy Prime Minister of the Federal Government of Somalia, Mr. Saleh Ahmed Jama, attended the Mogadishu Market Exhibition on Wednesday, engaging with leading Somali business leaders and emphasizing the critical role of the private sector in driving the nation’s economic growth.

The exhibition, which brought together prominent entrepreneurs and innovators, served as a platform to showcase local products and discuss strategies for economic development. During his address, Deputy Prime Minister Jama urged Somali business leaders to intensify their efforts, embrace innovation, and contribute to the country’s economic revival.

Highlighting the importance of the National Transformation Plan (NTP), Mr. Jama underscored the plan’s focus on empowering the private sector to lead the country’s development and reconstruction efforts. He emphasized that collaboration between the government and businesses is essential to boosting the economy, creating job opportunities, and attracting both domestic and foreign investment.

“The private sector is the backbone of our economy,” said Mr. Jama. “By working together, we can create a stable business environment that fosters growth and opens up new economic opportunities for Somalia.”

The Deputy Prime Minister also reiterated the federal government’s commitment to strengthening its partnership with the business community. He assured attendees that the government is dedicated to creating policies and frameworks that support entrepreneurship, innovation, and sustainable development.

The Mogadishu Market Exhibition not only highlighted the resilience and creativity of Somali businesses but also demonstrated the potential for economic growth through collaboration and innovation. Attendees expressed optimism about the future, citing the government’s renewed focus on private sector development as a positive step forward.

As Somalia continues its journey toward economic recovery and stability, events like the Mogadishu Market Exhibition play a vital role in fostering dialogue, encouraging investment, and showcasing the nation’s potential. The government’s commitment to working hand-in-hand with the private sector signals a promising path toward prosperity and growth.

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