Amina Hersi Moghe (Somali: Aamina Xirsi Mooge, Arabic: أمينة موجي هرسي) (born 1964) is a Somali entrepreneur. She has launched several multimillion-dollar projects in Kampala, Uganda. Her investments include Oasis Shopping Mall in Kampala's central business district and the Laburnam Courts Apartments, on Nakasero Hill adjacent to State House Kampala. She in the process of launching the first sugar factory in Northern Uganda. Atiak sugar factory will not only bring revenue and development for the region but is championed as the first large scale industrial project for Northern Uganda. She is also one of the city's largest distributors of cement and other hardware materials. With successful business ventures throughout Uganda she has become a beacon of hope and a motivating role model for young African girls.[1]
Amina Hersi Moghe | |
|---|---|
 | |
| Born | 27 September 1964 |
| Nationality | Kenyan |
| Occupation | Entrepreneur |
| Known for | Oasis Shopping Mall Laburnam Courts Apartments Atiak Sugar Factory Kingstone Enterprises Limited |
Biography
editAmina was born in Bungoma, Western kenya, where her mother, Sarah Hersi Ali, is a prominent businesswoman. Adam Hersi Ali, her uncle, who was another inspirational pillar in Amina's life, served as a Financial Secretary of Treasury in the Kenya's Ministry of Finance in the late 1980s. As a young girl, Moghe and her sister regularly joined their family in the cross border trade between Kenya and Uganda. The two girls were sent to accounting school by their mother, where they built on their entrepreneurial skills. Having a strong entrepreneurial mother led her to be business savvy not afraid of making big business risks. Her biggest risk was closing her successful hardware store in Bungoma Kenya and venturing in a start up business in Uganda after the stabilisation of the country in 1996. With no foundation set for her she used the skills she was taught to set up a hardware store in the bustling city of Kampala Uganda. This stride into the unknown was the first step of the enterprising woman she is today.[2]
Career
edit| "It was a pleasant surprise and I'm grateful for the recognition. The award has really inspired me to do more in the coming years," – Amina Moghe Hersi. |
Moghe quickly adapted to her new environment and acted as a convenient link on the ground for her family's commercial trade. She began expanding the family business and entered the real estate sector. Moghe would eventually become one of the wealthiest people in Uganda and come to own the Oasis Centre, a multimillion-dollar shopping mall complex and grand scale luxurious apartment Laburnam Courts that are both situated in the center of the capital. She also runs one of the largest distributors of cement and other hardware materials in the country. In 2008, Amina received the Woman Investor of the year Award for her large-scale projects that are changing Kampala's skyline.[3][4]
Investment portfolio
editAs of February 2018, Hersi organizes her investments under the company known as Horiyal-Investments-Holding Company Limited. These investments include, but are not limited to the following:[5]
- Oasis Mall, Kampala
- Nakumatt Mall, Kampala
- Labnarm Apartments, Kampala
- Atiak Sugar Factory
- Rabo Enterprises Limited
- Kingstone Enterprises Limited
- Kingstone Namanve LCD.
Recent developments
editIn 2016, Amina Hersi Moghe via her investment company, Horyal Investment Holding Company Limited began construction of Atiak Sugar Factory, in Atiak, Amuru District, Northern Uganda. The US$120 million project is expected to be ready in 2016, with commercial production expected in 2017.[6][7] This factory will be the first large scale industrial project in Northern Uganda. With the biggest benefactors being women who are working in conjunction with Amina in the factory's development, primarily as sugar-cane outgrowers and main distributors of the final product once production begins. Over 6,000 women in the region are expected to benefit directly and indirectly from the project.[8]
See also
editReferences
edit- ^ Wanja, Beatrice (8 October 2009). "Uganda: Scaling Business Heights With Passion, Self Drive". Daily Monitor via AllAfrica.com. Kampala. Retrieved 15 October 2014.
- ^ Mukiibi Sserunjogi, Eriasa (11 November 2013). "Amina Omusementi: The Somali Woman Building An Empire In Kampala". Daily Monitor. Kampala. Retrieved 15 November 2014.
- ^ Das, Devapriyo (9 September 2009). "Devastated At Home, Somali Businesses Thrive In Uganda". The Observer (Uganda). Retrieved 15 October 2014.
- ^ Hawdian (5 Aug 2013). "Powerful Somali Women". EthiopiaNewsForum.Com. Archived from the original on 12 November 2013. Retrieved 15 October 2014.
- ^ Horiyal Investments Holding Company (March 2016). "Congratulations" (PDF). New Vision. Kampala. Retrieved 9 February 2018.
- ^ "120 Million Dollar Factory Established In Atiak". Gulu: Adwarping.co.ug. 17 February 2016. Retrieved 22 April 2016.[permanent dead link]
- ^ Ocungi, Julius (23 March 2016). "Professor Latigo faults Amuru leaders on investments". Daily Monitor. Kampala. Retrieved 22 April 2016.
- ^ Labeja, Peter (23 July 2017). "Pictorial: Development of Sugar Factory In Amuru". Kampala: Uganda Radio Network. Retrieved 9 February 2018.