During the Entrepreneurs and Professionals Summit held on 27 August 2024, the Chairman of the Civil Society Organizations, Osman Muhudin Shatah, spoke about the vital role of developing skills and fostering innovation among Somali youth. His remarks emphasized the need to empower young people through entrepreneurship and skill-building initiatives, highlighting the significance of such programs in driving sustainable development in Somalia.

The summit brought together a diverse group of entrepreneurs, industry leaders, professionals, and aspiring businesspeople to discuss key strategies for promoting economic growth through innovation. Panelists and speakers from various sectors shared their insights on how to overcome challenges, capitalize on opportunities, and create a supportive environment for startups and small businesses to thrive in Somalia’s evolving market.

One of the core themes of the event was the importance of building a strong ecosystem for entrepreneurship. This includes providing access to mentorship, investment opportunities, and training programs that equip young entrepreneurs with the skills they need to succeed. Several speakers stressed the value of partnerships between the private sector, educational institutions, and government entities to create a conducive environment for innovation.

The summit also provided a platform for networking and collaboration among participants. Entrepreneurs were encouraged to form connections with professionals and mentors who could guide them through the challenges of starting and growing a business. The event concluded with a call to action for Somali youth to take charge of their future by embracing entrepreneurship, leveraging technology, and developing their creative potential to build a prosperous and self-reliant society.