Somalia seeks investment in tourism and natural resources
DAR ES SALAAM, Tanzania – The Federal Government of Somalia is seeking an investment in the long-chaotic Horn of Africa country which has untapped reserves of numerous natural resources, including Oil and Gas, Garowe Online reports.
In his speech at the 18th African-Nordic Foreign Ministers' meeting held in Dar es Salaam, Tanzania, on 7th and 8th November, Foreign Affairs Minister Ahmed Isse Awad said Somalia is rich in natural resources.
The country is currently facing big challenges, including security and threat of the Al-Qaeda and ISIS-linked militant groups who hold swathes of territory, is trying to bolster the flagging economy.
“Somalia is a virgin country rich in natural resources, fisheries, fertile agricultural lands as well as livestock, noting that benefiting from this wealth will end unemployment and violence,” said Awad.
The Africa-Nordic Foreign Ministers' Meeting is an important annual forum for informal and open-minded discussions between Africa and the Nordic countries.
The meeting, which discussed ways to promote peace, security, trade, and investment, was attended by some 29 African countries and Nordic countries such as Norway, Sweden, Denmark, and Finland.
The Somali Minister of Foreign Affairs and International Cooperation called on Nordic countries for strategic partnerships in tourism and investment to help the Federal Government rebuild the nation.