Republic of Somaliland’s Minister of Finance and Economic Development, Hon. Abdillahi Hassan Aden, has reaffirmed Somaliland’s commitment to regional trade integration, economic cooperation, and trade facilitation during a high-level African economic summit held in Addis Ababa, Ethiopia.
The minister joined senior government officials, development partners, and business leaders from across the continent at a strategic gathering of the African Trade Facilitation Network (NOC), alongside the Board of Directors and Consultative Council of Trademark Africa (TMA).
The meeting was chaired by former Ethiopian Prime Minister Hailemariam Desalegn Boshe, who currently serves as Chairman of the Trademark Africa Board, and Leo Svahnback, Deputy Ambassador of Finland to East Africa and Chairman of TMA’s Consultative Council.
Among the distinguished participants was Ethiopia’s Minister of Transport and Logistics, Dr. Alemu Sime Feyisa, together with ministers, policymakers, and representatives from African nations and international development institutions.
Somaliland Highlights Trade and Infrastructure Progress
Addressing the summit, Minister Abdillahi Hassan Aden underscored Somaliland’s determination to strengthen regional economic ties and promote cross-border trade as a catalyst for sustainable development.
“Trade is not only an engine of economic growth but also a powerful instrument for peace-building, job creation, and long-term economic resilience,” the minister told delegates.
He outlined Somaliland’s significant investments in trade infrastructure, particularly the modernization and expansion of the Port of Berbera, which continues to emerge as one of the most strategic maritime gateways in the Horn of Africa.
The minister also highlighted ongoing reforms aimed at modernizing customs systems, improving supply chain efficiency, facilitating the movement of goods and transport, and enhancing the competitiveness of regional trade corridors.
Focus on Jobs and Africa’s Economic Future
Discussions during the summit centered on two critical themes: the role of trade in generating employment opportunities and the impact of global economic challenges on Africa’s trade landscape.
Participants exchanged views on practical measures to reduce non-tariff trade barriers, lower business costs, improve customs procedures, strengthen digital trade systems, and harmonize regional trade policies.
The deliberations reflected a shared commitment among African leaders and development partners to accelerate economic integration and unlock the continent’s vast trade potential.
Call for Stronger Regional Cooperation
Minister Abdillahi Hassan Aden reaffirmed Somaliland’s commitment to customs modernization, digital transformation, regional cooperation, and private sector-led economic growth.
He called for deeper collaboration between African governments, regional institutions, and development partners to create new opportunities in trade and investment while fostering sustainable and inclusive economic development.
The Addis Ababa summit served as an important platform for regional leaders to share experiences, discuss emerging trade challenges, and advance practical solutions aimed at strengthening Africa’s economic integration and competitiveness in the global marketplace.
As African economies seek to navigate an increasingly complex global environment, the meeting highlighted the growing importance of cooperation, innovation, and strategic investment in building a more connected and prosperous continent.