Amina Hersi Moghe ( so, Aamina Xirsi Mooge , ar, أمينة موجي هرسي) (born 1964) is a Somali

entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...

. She has launched several multimillion-dollar projects in

Kampala Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...

Uganda }), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...

. Her investments include ''Oasis Shopping Mall'' in Kampala's

central business district A central business district (CBD) is the commercial and business centre of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city ...

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.

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 A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Eco ...

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 Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...

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 The per capita income in Uganda in 1999 was approximately US$650 annually. In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. Compiled here is a list of individuals in Uganda whose accumulated asset ...

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 Atiak Sugar Factory Limited (ASFL), also Atiak Sugar Factory, or Atiak Sugar Limited, is a sugar manufacturing company in Uganda. Location The company's headquarters and main factory are located in Gem Village, Pachilo Parish, Atiak sub-county, K ...

* 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

, in

Atiak Atiak is a town in the Northern Region of Uganda on the Gulu-Nimule Road, the primary trade route between Uganda and South Sudan. Location Atiak is in Kilak County the Amuru District. It is approximately , by road, north of Gulu, the largest cit ...

Amuru District Amuru District is a Districts of Uganda, district in Northern Region, Uganda, Northern Uganda. Like most Ugandan districts, it is named after its 'chief town', Amuru, Uganda, Amuru, where the district headquarters are located. Location Amuru Dist ...

Northern Uganda The Northern Region is one of four regions in the country of Uganda. As of Uganda's 2014 census, the region's population was . Districts As of 2010, the Northern Region had 30 districts A district is a type of administrative division tha ...

. 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.

References

External links