Golis range (Oogo) is the escarpment south of Guban zone and runs along the coastal lines in the North of the country, where the highest peak known as Surad rises up to 2,633 m (7000 ft) above sea
level. The Golis Mountains extend from Ethiopia in the West to Sanaag region in the East
- Security and Democracy
Somaliland has witnessed a great deal of progress over the last 20 years of self-governance. Peace and stability has been restored through the efforts of the people of Somaliland. Democratic systems have been established and have continued to evolve after five successful elections at the presidential, parliamentary and local government levels. Well trained and professional security forces protect the population from terrorism and organized crime. This means that the foundations are now in place to build on these achievements to attract foreign direct investment and strengthen local capacities to promote sustainable employment and economic development.
- New Foreign Investments
Somaliland has extended its economic engagement with foreign governments within the region and beyond. It is engaged in negotiations with Ethiopia to finalize the first official bilateral strategic cooperation agreement. Djiboutians have invested heavily in Somaliland’s economy, including about $15 million in a Coca Cola factory which opened in 2012. Somaliland has used diplomacy to help explore recent efforts to attract FDI from Turkey, Malaysia, the UAE, Kenya, Egypt and China into Somaliland’s key sectors such as livestock and fisheries. In addition, a great deal of Somaliland Diaspora investment is coming from the UK, Norway, Finland, Denmark, Germany, Canada, and the United States.
- Sound Regulatory Reforms
Somaliland is reforming its once cumbersome regulatory framework to better promote investment. An Investment Climate Unit has been established within the Ministry of Commerce to streamline business registration. Important legislation—such as the Foreign Investment Law, the Islamic Banking Law, the Central Banking Law, the Electrical Energy Act, and the Commercial Banking Act—has either been passed or is making its way through Parliament.
Please access more information here –http://somalilandinvest.net/somaliland_investment_guide.pdf
- One hundred feared dead in Somalia storm (skynews.com.au)
- Somaliland set to replace handwritten passports with electronic documents in 2014 (biometricupdate.com)
- Somaliland – A place that doesn’t exist!? (souphaiphone.wordpress.com)
- Somaliland (rhworldimagery.wordpress.com)
- Sterling Energy increases stake in Somaliland oil block to 25% (theoilandgasman.wordpress.com)
- Bringing financial inclusion to the Horn of Africa (tech.fortune.cnn.com)
- Ethiopian Authorities Sent Back 33 Illegal Migrants to Somaliland (drmohafarah.wordpress.com)
- Burka-escape suspect claims damages (belfasttelegraph.co.uk)
- Somaliland Vows to Improve Safety After Genel Halts Operations – Bloomberg (bloomberg.com)
- Somaliland – A place that doesn’t exist!? (jtm71.wordpress.com)