The Africa Report published on 26 February 2026 an article titled "Somalia: Hobyo Port Advances Amid Security Risks and Ethiopia Trade Scramble" by Mohamad Sheikh Nor.
Hobyo Investment Company has a 70 percent stake and a Turkish-owned construction company a 30 percent share in a new port at Hobyo, which is intended to support central Somalia and possible trade to and from Ethiopia. The new port faces challenges because it will strengthen certain local and foreign actors while sidelining those with interests in competing ports.
