Investor Signals

Somalia

# Actual Signal Date Investing Company Parent Company Source country Source State Source City Destination Region(s) Destination Country(s) Industry Sector(s) Industry Cluster(s) Industry Activity(s) Description Signals Data source Contact name (1) Position (1) Email (1) Telephone (1) Contact name (2) Position (2) Email (2) Telephone (2) Contact name (3) Position (3) Email (3) Telephone (3)
1 May 2013 Sameer Africa Sameer Group Kenya Nairobi Area Nairobi   Ethiopia|Somalia|Sudan|Zambia|Zimbabwe Rubber Transport Equipment   Tyre producer and distributor Sameer Africa, a subsidiary of Kenya-based
Sameer Group, plans to expand its operations into several new regional
markets. The company has identified Zambia, Zimbabwe, Ethiopia, Sudan
and Somalia as being of particular interest.
New Investment Strategy   Allan Walmsley Managing Director, Sameer Africa                    
2 May 2013 Takaful Insurance of Africa Takaful Insurance of Africa Kenya Nairobi Area Nairobi   Ethiopia|Somalia|Somaliland |Tanzania|Uganda Financial Services Financial Services   Kenya-based Shariah compliant insurer, Takaful of Africa, plans to
expand its regional operations into several countries in east Africa.
The company is specifically targeting Ethiopia, Tanzania, Uganda,
Somalia and Somaliland as part of a five year growth strategy.
New Investment Strategy   Hassan Bashir Chief Executive Officer                    
3 May 2011 Wananchi Group (WG) Wananchi Group (WG) Kenya Nairobi Area Nairobi   Burundi|Eritrea|Ethiopia|Kenya|Malawi|Rwanda|Somalia|South
Sudan|Tanzania|Uganda
Communications ICT & Electronics   Kenya-based Wananchi Group, a leading provider of pay TV, broadband
internet and voice over Internet protocol services, has raised $57.5m in
growth capital. Some of the capital raised in the financing will be used
to support the launch of  the company’s  direct-to-home satellite pay TV
offering in the greater east Africa region to 10 countries; Kenya,
Uganda, Tanzania, Ethiopia, Eritrea, Sudan, Rwanda, Burundi, Malawi and
Somalia.
New Funding/Resources for Expansion   Richard Bell Vice Chairperson