iRise Hub Newsletter — Your Februery Edition, 2024


It was a momentous occasion as we witnessed the launch of Somalia’s first Data Protection Authority. This significant step marks the beginning of a journey towards building trust and transparency in personal data protection within our nation. We’re committed to supporting this initiative as it strengthens our regulatory capacity and creates a conducive environment for future investments.



Promoting Innovation and Investment:


We had the honour of hosting a courtesy visit by the Minister of Justice and Constitutional Affairs. Together, we exchanged ideas on enhancing laws and regulations to foster innovation, support start-ups, and create a favourable investment landscape. These discussions are instrumental in shaping the future of our ecosystem.


The Next Economy’s 6th Cohort Takes Off at iRise Hub:


On February 4, 2024, iRise Hub, in partnership with SOS Children’s Villages Somalia, unveiled the 6th batch of The Next Economy. This initiative offers a robust five-month incubation training designed to equip aspiring entrepreneurs with essential skills such as communication, critical thinking, and effective crowdfunding strategies. Participants will also learn to craft compelling business pitches and navigate the business model canvas, all under the mentorship of industry experts and seasoned entrepreneurs, preparing them to launch successful startups.



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