Silatech signed a memorandum of understanding (MoU) with Qatar Fund for Development- QFFD and the Federal Government of Somalia represented by H.E. Jamal Mohammed Hassan, Minister of Planning, Investment and Economic Development.

The collaboration aims at launching “The Somali Youth and Women Microenterprise” Initiative, which will create employment and economic opportunities for thousands of youth and women, through financing income generating enterprise activities in three states in Somalia, in collaboration with Silatech’s implementing partner Kaah Islamic Microfinance Services – KIMS.

Ms. Sabah Ismail Al Haidoos, Chief Executive Officer of Silatech commented: “This collaboration reflects the strategic coordination between the development and humanitarian organizations in Qatar that aim at achieving the greatest impact for beneficiaries and in communities, to achieve the sustainable development goals in neighboring countries”. She added: “This initiative further demonstrates Silatech’s commitment to support the Somali government in economically empowering Somali women and youth, and a continuation of the organization’s innovative programs to link them to jobs and economic opportunities and enable them to promote social and economic stability in their communities.”

HE Jamal Mohammed Hassan, Minister of Planning, Investment and Economic Development of Somalia stressed that the bilateral relationship between the two countries has been outstanding and praised the support of the State of Qatar over the past years,”

The Somali Youth and Women Microenterprise complements Silatech’s existing economic empowerment programs in Somalia, which have created more than 1700 job opportunities for Somali youth.