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From Remittances to Returns: Building the Israel–Somaliland Investment Corridor

71 0
20.08.2026

The Somaliland diaspora has been central to reconstruction, institution-building, and economic resilience since Somaliland restored its independence in 1991. Without formal recognition or routine access to international financial institutions and bilateral aid, communities abroad supplied capital, expertise, and advocacy that helped fill fiscal, technical, and governance gaps.

Remittances remain Somaliland’s largest and most dependable private capital flow. Transfers pay for food, education, health care, and emergencies, functioning as a household safety net. Diaspora savings have also financed housing, hotels, logistics, retail, and small businesses in Hargeisa, Burao, Berbera, Borama and other centres. This investment rebuilt urban infrastructure while creating jobs and expanding local services.

Institutions, Knowledge, and Governance

Diaspora-community partnerships helped establish universities including Amoud University, the University of Hargeisa, Golis University, and the University of Burao. Returning professionals also supported hospitals, medical missions, specialist care, curricula, accreditation, and vocational training. In government, technocrats, lawyers, and administrators contributed to public........

© The Times of Israel (Blogs)