WorldRemit founder Ismail Ahmed launches Sahamiye Foundation to tackle Somaliland’s development challenges and unlock entrepreneurial potential
Ismail Ahmed will seek to commit $500 million of his own wealth and investments over the next 10 years to Somaliland-focused development programmes.
Sahamiye Foundation will aim to double Somaliland’s literacy rate to 90% by 2023.
A team led by WorldRemit founder Ismail Ahmed has today launched Sahamiye Foundation, a philanthropic organisation focused on using technology and innovation to tackle Somaliland’s most pressing development challenges.
Over the next 10 years, Ismail Ahmed’s ambition is to be able to commit $500 million of his own wealth and investments to Somaliland-focused development programmes.
The Foundation, based in London and Hargeisa, Somaliland’s capital, will initially focus on education, healthcare and infrastructure projects across Somaliland. The Foundation seeks...