Author
Dahir Mohamed Ali
Notes on the Somali Foreign Investment Law (Law No: 13 of 21st January 2016)
Abstract
Somalia has a cluster of laws governing the relationship between foreign investors and Somali society. This article gives a commentary and indepth analysis of the Somalia’s current foreign investment law (Law
No:13 of 21st January, 2016) as well as other related laws in order to articulate standard of investment protection and provide a road map for foreign investors, showing up the incentives provided by the current law to the foreign investors.
A comparison with some other foreign laws is undertaken to highlight the key weaknesses that can be improved in the Somali New Foreign Investment Law.
In addition, the article attempts to propose some recommendations to improve the gaps in the Somali’s current foreign investment legal regime, particularly the recent enacted foreign investment law.
