2 Hargeisa, September 20th 2016

Oxfam (Novib) A world-wide development organisation that mobilises the power of people against poverty. Around the globe, we work to find practical, innovative ways for people to lift themselves out of poverty. Oxfam Novib is one of 20 affiliates of the Oxfam confederation, who together with local, national and regional partners work in 94 countries.

The impact of the Work in Progress The impact of the Work in Progress! Project Create more employment for young men and women in Egypt, Nigeria and Somalia, prompting positive expectations about their future in their countries. 2

VENTURE CAPITAL FOR AFRICA (NL) with INNOVATE VENTURES empower start ups and connect them to hard and soft capital (knowledge, mentorship, finance) through an online platform and acceleration programme. 2 BUTTERFLY WORKS (NL) with SHAQODOON set up a BITS school called HARGABITS, proving young people with the opportunity to develop their ICT skills, especially web and app design.

International Organisation for Migration (IOM), together with SOSTA, opened a job centre in Borama, offering technical and employment counselling, providing a space for youth to find information about the labour market. Oxfam together with SHURAAKO provide business development support. Oxfam together with HAVOYOCO organise training to equip youth with the skills demanded by the labour market. They also advocate for more favourable conditions for youth employment and for acces to finance for start ups and SMEs.

Up till today: SHURAAKO will start the selection of the SME, they are going to support IOM already started the Job Centre and selection of youth for trainings is on full speed HARGABITS (SHAQODOON) will finalise the selecting of the 25 students and will start their BITS training in the first week of November. HAVOYOCO is selecting the students and developing their influencing strategy INNOVATE VENTURES shortlisted 61 applications and reviewed them using specific criteria. Last week a bootcamp with the top 15 startups was held at the Innovate Office, Africa House. The bootcamp is a 2-day programme and is a precursor to the accelerator programme, scheduled to start this week. Problem and solution Revenu model Competetive landscape Traction Team

MAHADSANID