CAPE TOWN — Somalia’s Minister of Petroleum and Mineral Resources, H.E. Dahir Shire Mohamed, participated in high-level trilateral discussions in Cape Town with his counterparts from Kenya and Tanzania.
The strategic dialogue occurred on the sidelines of the Mining Investment Conference, where leaders convened to explore the future of Africa’s extractive industries.
Trilateral Framework
Minister Dahir was accompanied by the Kenyan Cabinet Secretary for Mining, Blue Economy and Maritime Affairs, H.E. Hassan Ali Joho, and Tanzania’s Minister of Minerals, Hon. Anthony Peter Mavunde.
The meeting provided an opportunity for the three East African nations to harmonize their approaches to the substantial investment opportunities present in their respective territories.
The ministers established a trilateral framework designed to stimulate investment, increase the value of local mineral resources, and guarantee sustainable resource management throughout the region.
Focus on Local Value
A central emphasis of the discussions was the promotion of foreign direct investment (FDI) in the mining sector. The leaders concurred on the importance of enhancing local value addition to guarantee that the economic advantages of resource extraction—including employment generation and infrastructure advancement—remain within their nations.
Officials stated that the partnership is expected to create new economic opportunities and support long-term development in East Africa, while fostering fair and responsible utilization of the continent’s mineral wealth.
