Mogadishu, Somalia (LM) Mr. Ahmed Mohamoud Yusuf, CEO of Hormuud Telecom, delivered a powerful message at the Somali Winners Exhibition, noting the urgent need for sustainable energy solutions in Somalia. Speaking to a diverse audience of business leaders, government officials, and community members, he stated, “The electricity used in Somalia is generated 85% from fuel.”
In his address, Yusuf outlined Hormuud Telecom’s commitment to harnessing the natural resources that God has blessed the nation with. “Hormuud Telecom has decided to utilize these resources, and our facilities rely on solar energy so that we can contribute to environmental conservation,” he explained.
The Somali Winners Exhibition, a platform designed to showcase innovative ideas and initiatives, provided an ideal backdrop for Yusuf’s remarks. His vision reflects a growing recognition of the importance of renewable energy in addressing Somalia’s energy challenges and promoting sustainable development.
Yusuf’s commitment to solar energy aligns with global trends toward greener energy solutions and highlights the role of private enterprises in driving change. By transitioning to solar power, Hormuud Telecom aims not only to reduce its carbon footprint but also to set an example for other businesses in the region.
The exhibition gathered numerous stakeholders from various sectors, all eager to explore collaborative efforts that can drive Somalia’s development. Yusuf’s remarks resonated with many attendees, who recognized the critical importance of sustainable practices in fostering economic growth and environmental stewardship.
According to the World Bank, in 2020, it estimated that at least 49 percent of the population had access to electricity. While variations exist between rural and urban areas, the 2023 Somali Household Budget survey estimated that more than half of the population (61.9 percent) had access to electricity, demonstrating progress in the expansion of electricity services in the country. There are significant differences in electricity access between places of residence, as most urban dwellers have access to electricity (80.1 percent) while only about a third of rural residents (39.4 percent) have access. Fewer than 9 percent of nomads or migratory herders have access to reliable electricity supplies.
As Hormuud Telecom continues to lead the way in renewable energy initiatives, the company reinforces its dedication to building a sustainable future for Somalia, inspiring others to follow suit.
Leadership Magazine
Email: info@leadershipmagazine-som.com
