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Somali National News Agency > Blog > Local News > Somalia, Kuwait discuss economic cooperation and investment opportunities
Local News

Somalia, Kuwait discuss economic cooperation and investment opportunities

By Khadar Aweys
Last updated: April 8, 2025
2 Min Read
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KUWAIT, (SONNA) – The Minister of Finance of the Federal Government of Somalia, H.E. Bihi Iman Igeh led a high-level delegation on an official working visit to Kuwait, where he held a productive meeting today with his counterpart, Kuwait’s Minister of Finance, H.E. Eng. Noura Sulaiman Al-Fassam, and senior officials from the Kuwaiti Ministry of Finance.

The Somali delegation included the Governor of the Central Bank of Somalia, H.E. Abdirahman Mohamed Abdullahi, and Somalia’s Ambassador to Kuwait, Dr. Abdullahi Mohamed Shiekh. The discussions centered on strengthening financial cooperation between the two nations, with a focus on Somalia’s ongoing economic development and potential investment opportunities.

The meeting highlighted key areas such as trade promotion and investment in Somalia’s productive sectors—areas where the Somali government has recently intensified its efforts to attract strategic partnerships and long-term development support.

Minister Igeh expressed deep gratitude to the Government of Kuwait for its historic support during Somalia’s debt relief process. He also reaffirmed Somalia’s commitment to enhancing bilateral cooperation and advancing joint economic initiatives aimed at stimulating growth and sustainable development.

Both sides agreed to build on existing ties and explore avenues for increased investment and financial collaboration to support Somalia’s economic recovery and national development agenda.

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