Amina Moghe Hersi

Amina Moghe Hersi
Amina Hersi Moghe (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. she hails from the Garhajis clan of the Isaaq clan.
Biography
Amina 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.
Career
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.
Investment portfolio
As 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:
Oasis Mall, Kampala
Nakumatt Mall, Kampala
Labnarm Apartments, Kampala
Atiak Sugar Factory
Rabo Enterprises Limited
Kingstone Enterprises Limited
Kingstone Namanve LCD.
Recent developments
In 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.
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.
See also
Somali diaspora
List of wealthiest people in Uganda
References
External links
Profile of Amina Moghe Hersi's Ugandan Investments
Profile of Amina Moghe Hersi In 2013
Somalian businesspeople
Somalian emigrants to Uganda
Living people
1964 births
Somalian women in business