Investigative Reports

Major Corruption Allegations Rock Somaliland Finance Ministry’s Recruitment for World Bank’s Public Resource Management Project

According to documents examined by Somaliland Chronicle, serious allegations...

Financial Turmoil and a New Questionable Venture Cast Shadows over Boodhari Mills’ Future

In our previous coverage, we explored Boodheri Mills, a...

Somaliland Office in Taiwan Rejects Sexual Misconduct Allegations

The Republic of Somaliland Representative Office in Taiwan has...

Manufacturing Conglomerate IFFCO to Open a Massive Food Processing Plant in Berbera Economic Zone

Voiced by Amazon Polly

According to a press release by DP World, the international ports operator and current manager of Berbera Port has signed a 20-year lease with IFFCO to develop a food-grade oil packing plant in the Berbera Economic Zone (BEZ) in Somaliland. The 300,000 sq. ft food-grade oil processing plant in Berbera Economic Zone  is scheduled to be completed by the first half of 2023 with future expansion plans to double its size.

IFFCO, short for Indian Farmers Fertiliser Cooperative Limited, was established in 1975, has a presence in 37 countries, and has products that range from food and packaged goods to chemicals.

At the signing of the agreement between DP World and IFFCO, Suhail Albanna, CEO & Managing Director of DP World, Middle East & Africa said “The decision by IFFCO to set up a plant is a major vote of confidence in the zone and a testament to our offerings. In fact, with the port, the economic zone and the one-stop-shop all under DP World, it will be like a home away from home for Dubai-based customers such as IFFCO.”

The arrival of IFFCO in Somaliland is a major vote of confidence that follows DP World’s massive investment and development of Berbera Port and the Economic Zone.

Although Somaliland is a small market relative to landlocked Ethiopia, it gives manufacturers such as IFFCO a competitive edge that brings their products to a largely underdeveloped and food-insecure region where the majority of packaged foods and other consumer products are imported from overseas.

IFFCO continues to invest in the future of food and supply chains globally. The partnership with DP World demonstrates our commitment to the UAE’s national food security strategy and facilitating global food trade. It also further enhances access to African consumer bases quickly and more efficiently.” said Mr. Shiraz Allana, director and supervisory board member of IFFCO.

Latest

U.S. Ambassador to Somalia and CJTF-HOA Commander to Visit Somaliland Ahead of Presidential Inauguration

HARGEISA, Republic of Somaliland — U.S. Ambassador to Somalia...

The Politics of No Return: Why President Cirro Cannot Appease His Way to Reform

Somaliland's Democratic Triumph Faces Its Greatest Test President-Elect Dr. Abdirahman...

Innovative Partnership: The Contribution of Taiwan and Somaliland in Formulating a New Development Discourse in the Horn of Africa

Introduction The formal establishment of Somaliland-Taiwan relationship in 2020 is...

Taiwan’s Landmark $22 Million Investment Promises to Transform Hargeisa Group Hospital

In a landmark development that marks the most significant...

Stay Connected

Don't miss

U.S. Ambassador to Somalia and CJTF-HOA Commander to Visit Somaliland Ahead of Presidential Inauguration

HARGEISA, Republic of Somaliland — U.S. Ambassador to Somalia...

The Politics of No Return: Why President Cirro Cannot Appease His Way to Reform

Somaliland's Democratic Triumph Faces Its Greatest Test President-Elect Dr. Abdirahman...

Innovative Partnership: The Contribution of Taiwan and Somaliland in Formulating a New Development Discourse in the Horn of Africa

Introduction The formal establishment of Somaliland-Taiwan relationship in 2020 is...

Taiwan’s Landmark $22 Million Investment Promises to Transform Hargeisa Group Hospital

In a landmark development that marks the most significant...

The Last Will and Testament of a Dictator: Djibouti’s Precarious Transition from Guelleh and Its Global Reverberations

As Ismaïl Omar Guelleh’s once-iron grip on Djibouti loosens,...

U.S. Ambassador to Somalia and CJTF-HOA Commander to Visit Somaliland Ahead of Presidential Inauguration

HARGEISA, Republic of Somaliland — U.S. Ambassador to Somalia Richard H. Riley and Major General Brian Cashman, Commander of the Combined Joint Task Force...

The Politics of No Return: Why President Cirro Cannot Appease His Way to Reform

Somaliland's Democratic Triumph Faces Its Greatest Test President-Elect Dr. Abdirahman Mohamed Abdillahi "Cirro"’s sweeping electoral victory, securing over 60% of Somaliland's presidential vote, represents more...

Innovative Partnership: The Contribution of Taiwan and Somaliland in Formulating a New Development Discourse in the Horn of Africa

Introduction The formal establishment of Somaliland-Taiwan relationship in 2020 is a watershed moment that demonstrates the countries' innovative and pragmatic approaches to international cooperation. Both...