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How Entrepreneurship Can Be Used In Somalia As A Tool for Peace

How Entrepreneurship Can Be Used In Somalia As A Tool for Peace

From All Africa

Somalia’s reputation as a failed state often overshadows the country’s potential, but Aspen Institute 2013 New Voices Fellow Mohamed Ali, a former Somali refugee, represents a new generation of entrepreneurs working to rewrite the country’s story. After fleeing during Somalia’s conflict, Ali chose to devote his life to fighting for immigrant and refugee rights. Realizing that his skills would be best served in his home country, he soon returned. The high rate of Somali youth unemployment inspired Ali to start his own social enterprise, the Iftiin Foundation. It works with Somali youths to incubate and build the capacity of young innovators and leaders to effect systemic change in Somalia. Ali plans to host a youth leadership summit in Mogadishu later this year to connect young leaders within the region. AllAfrica’s Rohita Javangula interviewed Ali to discuss his hopes about the Iftiin Foundation and his belief in entrepreneurship as a tool for development.

Can you describe what the Iftiin Foundation does and how it promotes social entrepreneurship?

The foundation incubates social entrepreneurs, young leaders and their projects to encourage a culture of change and innovation in Somalia. My passion is using entrepreneurship as a tool to alleviate poverty and promote development in Somalia. About 73 percent of the population in the country is under 30 and about 70 percent of them are unemployed, so I really believe entrepreneurship can be a tool against poverty in the region.

Through our collaboration with the Department of State and the Tony Elumelu Foundation, I’m hosting a youth leadership summit that is going to support and recognize the achievements of young social entrepreneurs and change that can make a difference in Somalia. The three-day summit is going to be focusing on developing entrepreneurial skills, giving young people the tools and skills needed to launch their projects.

Read more at AllAfrica.com.