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Reading: Uganda – Somali Business Summit Attracts Over ‘120 Businesses’
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BusinessNews

Uganda – Somali Business Summit Attracts Over ‘120 Businesses’

Catherine Apolot
Last updated: 11th August 2022 at 17:47 5:47 pm
Catherine Apolot
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The Somali – Uganda Business Summit inaugural event was held at Kampala, Uganda on 9th and 10th August under the theme “Promoting Uganda-Somalia Partnership through Investment, Trade, and Tourism”. The two-day business summit attracted over 120 corporate companies and businesses in the region to showcase their products and services.

The Business Summit was sponsored by Salaam Somali Bank which is a leading financial institution founded in 2009 in Somalia. The Bank is also the biggest primary account holders’ financial service in Somalia. The Bank is leading a high-quality model in providing high standard quality Banking service covering Islamic and Commercial Banking.

Shuayb Haji Nur Mohamed, the Managing Director at Salaam Somali Bank said, the bank will play a great role to facilitate and identify business viability by promoting investment and trade initiatives to champion full participation from Uganda and Somalia local communities and stakeholder management,”

“SSB is committed to ensure the Uganda & Somali investment & trade partnerships deliver to the intended value; SSB will act as a link that the private sector to work towards providing business context, expertise, guidance, capacity, finance and business priorities for betterment of both the two countries communities,” he said.

TECHNOLOGY & DIGITALISATION

The bank provides innovative products and services, including digital corporate banking, community, retail, business, online banking, and investment banking. Technology plays great role since banking environment has become highly competitive because of global digitalization.

SSB will ensure to boost the technological platform and applications that will increase business growth and has an ability to respond quickly to the dynamics of a fast-changing digital global market.


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ByCatherine Apolot
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Apolot Catherine is a freelance reporter at Watchdog Uganda. Her area of expertise rotates around entertainment and lifestyle.
Previous Article Somali President Mohamud concludes 3-day state visit to Uganda
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