PRESS RELEASE

Somali Stock Exchange

Monday August 5, 2019





The Somali Stock Exchange (SSE) has solidified it’s commitment to Somalia’s growing

economy with a place on the UN Sustainable Stock Exchange.

Financial growth in the Horn of Africa





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figures, the country receives over three billion US dollars every year. This kind of cashflowrequires a viable market which has been created in the form of The Somali Stock Exchange.Launched in 2011, and founded by the Somali Economic Forum’s (SEF) management TheSomali Stock Exchange is dedicated to encouraging foreign direct investment into theregion. The first ever stock exchange to operate within Somalia, SSE serves both Somali andglobal investors and provides world class market technology, innovative products andbusiness solutions.The Sustainable Stock Exchanges Initiative is led by the United Nations Conference on Trade& Development (UNCTAD) and promotes corporate investment in sustainable development -the process of meeting human development goals whilst preserving and protecting thesustainability of natural systems to provide the natural resources and ecosystem services

needed for a society and economy to grow and expand. The Somali Stock Exchange’s

membership of the SSE signals its continuing commitment to sustainable development within

Somalia. CEO of SSE, Mr. Hassan Dudde, says, “The UN Sustainable Stock Exchange now

has over 90 members worldwide and, we are absolutely delighted to become the latest

member - as Somalia’s economy grows, we believe that it is vital for a country such as ours

to create a sustainable market and, we look forward to working closely with the organization

in order to achieve our mutual goals.”



About The Somali Stock Exchange



The Somali Stock Exchange sold its first shares on the 1st of September 2015 and, since that

date, has gone from strength to strength. Serving both Somali and global investors, the SSE

offers financial solutions including corporate and government bonds.

For more information about The Somali Stock Exchange visit:www.somalistockexchange.so

For more information on the UN Sustainable Stock Exchange, visit:www.sseinitiative.org

For press enquiries, contact: [email protected]

