From Bajaj to Boat
Daryeel Bank is dedicated to promoting a range of initiatives designed to engage its customers in Somalia’s economic activities. These projects target specific industries, including the blue economy, agriculture, livestock, renewable energy, education, and community health. By supporting small business owners in transitioning from Bajaj to Boat-based activities, we significantly increase the potential to triple their daily revenues, lifting them out of poverty or enhancing their discretionary income to foster inclusive prosperity.
Horn of Africa
Introduction to Somalia
Somalia, located in the Horn of Africa, boasts a diverse economy deeply rooted in agriculture, livestock, and fisheries. The country’s extensive coastline presents immense potential for the blue economy, positioning it as a critical driver of sustainable development. In addition, sectors such as renewable energy and education are emerging as key contributors to economic growth and societal well-being. Daryeel Bank, a pioneering financial institution, is committed to supporting these sectors through various initiatives aimed at fostering economic participation and growth.
- Population: ~17 million
- Capital: Mogadishu (largest city)
- Geography: Horn of Africa, Indian Ocean coastline
- Economy: Agriculture, fishing
Our Vision
Riseupso our vision is to empower the younger generation with the skills and knowledge needed to contribute meaningfully to Somalia’s growing economy. Instead of focusing solely on jobs like driving Bajajs, we aim to inspire and train the youth in the fishing industry—one of our nation’s most vital and untapped resources.
By teaching sustainable fishing practices, modern techniques, and essential skills, we envision a future where young people play a central role in revitalizing Somalia’s fishing industry. Together, we can strengthen our economy, create jobs, and build a brighter future for generations to come.
From Bajaaj to Boats Initiative
Recognizing the untapped potential of Somalia’s youth, the “From Bajaaj to Boats” initiative aims to steer young individuals towards the fisheries sector, offering them sustainable and lucrative employment opportunities
Key Objectives
1
Environmental Impact
The initiative aims to reduce climate pollution by discouraging the use of rickshaws and promoting environmentally friendly fishing practices.
2
Economic Growth
By fostering the fisheries industry, the program seeks to boost economic participation, create jobs, and stimulate local economies.
3
Community Benefits
The fisheries sector offers extensive opportunities for growth, providing food security, improving livelihoods, and enhancing the overall well-being of the community.
Program Details
Training and Support
Participants will receive comprehensive training in sustainable fishing practices, business management, and environmental stewardship. The program will also provide ongoing support to ensure the success of new ventures.
Access to Resources
Daryeel Bank will facilitate access to necessary resources, including fishing boats, equipment, and financial services, enabling participants to start and grow their businesses.
Partnerships and Alliances
The initiative will foster partnerships with local and international organizations, government agencies, and community groups to create a supportive ecosystem for sustainable fisheries development.
Why Invest
Unlock the potential of Somalia’s fisheries industry while driving economic growth, sustainability, and meaningful impact.
How will it make an impact?
Investors will have the opportunity to make a meaningful impact on Somalia’s economic development, environmental sustainability, and social well-being.
Can it grow effectively?
The initiative is designed to be scalable, allowing for expansion and replication in other regions, maximizing its impact and reach.
Is it built to last?
By promoting the fisheries industry, investors will contribute to a long-term, sustainable solution that offers enduring benefits for individuals and communities.
Contact Us
Join us in transforming lives—reach out to learn how you can support the journey from Bajaj to Boat!
Get In Touch
- Contact person for the project is:
- Mr. Bashir Jaamac
- info@riseupso.com
Fill out the form below and we will contact you as soon as possible!
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