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Consultancy

Trade advisory, investment, trade finance and payments for Somalia

International companies and investors need local insight to operate in Somalia with confidence. We combine on-the-ground knowledge in Mogadishu with decades of international trade experience to help you enter the market, structure transactions, and move goods and funds securely.

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Advisory
Market entry · Investment · Regulation
Trade finance
Letters of credit · Collections · Payments
Execution
Sourcing · Logistics · Customs · Inspection

Market entry and investment advisory

Somalia is one of Africa's most promising frontier markets, with a young population, a strategic coastline and membership of the East African Community. We help you assess the opportunity and build a sound entry plan.

Import and export advisory

Practical guidance for companies trading goods into or out of Somalia.

  • Market entry strategy and partner selection
  • Import and export licensing
  • HS classification, tariffs and duties
  • Incoterms® and sales-contract structuring

Investment advisory

Support for investors evaluating and developing projects in Somalia.

  • Opportunity screening and feasibility
  • Joint-venture and local-partner identification
  • Due diligence and regulatory review
  • Project development and stakeholder engagement

Market intelligence

Data and on-the-ground insight to inform pricing, entry and investment decisions.

  • Sector and company research
  • Pricing and trade-flow analysis
  • Supplier and buyer mapping
  • Country and counterparty risk briefings

Trade finance and cross-border payments

Moving funds to and from Somalia is one of the biggest obstacles for international business. We arrange trade finance and payment solutions through licensed banking and payment partners, so suppliers are paid securely and buyers receive exactly what they paid for.

Degaras Global Trading is not a bank. Financial services are provided by licensed banking and payment partners, subject to their KYC and compliance checks.

Letters of credit
Import and export LCs, with confirmation through correspondent banks where required.
Documentary collections
Documents against payment (D/P) and against acceptance (D/A).
Payments to and from Somalia
Secure international transfers for suppliers, buyers and investors.
Payment structuring
Deposit-and-balance, milestone and open-account terms matched to each transaction's risk.

Transaction services

From the first purchase order to final delivery, we manage the practical steps that make a cross-border transaction succeed.

Sourcing and procurement

Supplier identification, tendering, price negotiation and contract management with vetted manufacturers and producers worldwide.

Freight forwarding and logistics

Sea, air and overland freight, warehousing and distribution across Somalia and the Horn of Africa.

Customs clearance and compliance

Import and export declarations, certificates of origin, KYC and sanctions screening.

Inspection and quality assurance

Pre-shipment inspection, quantity and quality verification, and phytosanitary and veterinary certification.

Who we advise

Manufacturers and exporters

Entering the Somali market and appointing reliable local partners.

Buyers and importers

Sourcing Somali livestock, agricultural, marine and mineral commodities.

Investors and financiers

Assessing and developing energy, agriculture, infrastructure and resource projects.

Contractors and project developers

Procuring equipment, logistics and payments for projects delivered in Somalia.

Planning to trade with or invest in Somalia?

Tell us about your project, market or transaction. An advisor will respond with a proposed scope and next steps.

Submit an enquiry Import to Somalia