Welcome to Berbera Economic Forum
#1 Regional Coordination HUB
The Berbera Economic Forum (BEF) was founded in 2012 and revitalized in 2017 as an emerging platform entity formed by a group of Business Entrepreneurs from the Berbera region with the aim of collaboration in fostering local economic growth, nourish a thriving employment market and creating an attractive entrepreneurial outlook that enables the local community economic growth and expanded business opportunities.
From 1200+ Participants
in business
Partners
Target Partners
About BEF
Great Community Impact
Berbera economic forum by adhering to the local economic development principles conducts stakeholder mapping on regular basis to identify the relevant stakeholders and gets them on board with the local economic development process.
Our Mission
By fostering strong partnerships with the private sector and engaging public stakeholders, efforts are focused on enhancing the business environment to make it more conducive for growth. This collaborative approach aims to streamline regulations, improve infrastructure, and create a climate of stability and opportunity that attracts foreign investments, driving sustainable development and economic progress.
Our Vision
Berbera is poised to become a vibrant regional economic hub, driving economic growth and fostering trade and investment opportunities. By leveraging its strategic location and expanding infrastructure, Berbera aims to connect Somaliland and the broader Horn of Africa region to global markets, serving as a gateway for commerce, innovation, and regional integration.
Objectives
What We Do
Why for BEF
Great Community Impact
Economic Growth
Coordination
Related Organizations
About us
Eligibility and Membership
Berbera economic forum is the emerging platform between public institutions, private sector companies, and civil society organizations to promote inclusive and sustainable local economic development in Berbera and Somaliland
Businesses
The membership of the Forum is open for privately owned businesses established or with presence of an office in Berbera.
Government institutions
Regional Government Line Ministries, the Berbera Local Government, Port Authority and Water Agency shall be observer members of the Forum.
Membership
Members are obliged to pay the annual membership fee to be determined annually by the Board of Directors.
Approval
The Board of Directors will admit new members after application has been submitted and will keep a register of names and addresses of the members
Trust
Our Core Values
Transparency and accountability
Transparency and accountability go hand in hand in any organization. Transparency ensures that decisions are made openly and objectively, while accountability ensures that everyone is held responsible for their actions. Together, they promote fairness, trust, and integrity within an organization.
Innovation and excellence
Innovation and excellence are two core values at our organization. We are constantly seeking new and better ways to serve our customers and improve our processes. By committing to these values, we believe we can achieve our goals and maintain our reputation as a leader in our industry.
Building strong business communities
A strong business community is essential for the growth and sustainability of any economy. It provides a platform for businesses to collaborate and share resources, ideas, and expertise, which leads to increased innovation and productivity.
Business sustainability
Business sustainability is the practice of managing a company's impact on the environment, society, and economy to ensure long-term success. It involves balancing the interests of shareholders, employees, customers, and the environment while maintaining profitability.
Environmentally friendly business
An environmentally friendly business is a company that is committed to reducing its negative impact on the environment. This can involve measures such as reducing waste, using renewable energy, and implementing sustainable practices across all aspects of the business.
Integrity and responsibility
Integrity and responsibility are two qualities that are crucial to a person's character. Integrity demands honesty and transparency in all actions and decisions, while responsibility necessitates taking ownership of one's actions and being accountable for their consequences.
Local economic development strategy
Step 1
Identify and Convene LED Stakeholders
Step 2
Conduct a Local Economy Mapping and Analysis
Step 3
Formulate your LED Strategy
Step 4
LED Strategy Implementation also monitoring and evaluating.
Local economic development is seen as the most important way of addressing unemployment, inflation, poverty, food insecurity, unreliable energy, an unskilled labor force, the severe impact of climate change, inadequate economic infrastructure, the attraction of local investment, unreliable livestock export market, the underutilization of the blue and agrarian economy, and primitive technology. The local economic development strategy adheres that regional government institutions, local authorities, the private sector, labor unions, and civil society can play an active role in determining their own economic paths and solving economic, social, and environmental problems.
Berbera Port
Mandate
Our Major Activities
This percentage is showing our day to day activities