HomeSomaliland: Waaheen Market inferno losses estimated up to $2 Billion

Somaliland: Waaheen Market inferno losses estimated up to $2 Billion

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A massive fire in an expansive market in the capital of Somaliland destroyed property worth up to $2 billion, according to a preliminary assessment released by a national task force looking into the fire losses.

blankAt least 28 people were wounded in the Friday night fire that ravaged Waheen market, a major source of livelihood for the residents of Hargeisa.

The loss on the eve of the holy month of Ramadan sparked despair among many at home and outsiders who say they will help Somaliland in rebuilding the market.

The cause of the fire is yet to be determined, but some traders in Hargeisa said they believe a bad electrical connection may have been the cause.

World leaders have spoken of the effect of the disaster as the British prime minister shared his thoughts with Hargeisa residents a day after the fire broke out.

“Saddened to see the aftermath of the fire in Hargeisa with such destruction in the open market that is the economic heart of the city, affecting many small and family enterprises,” British Prime Minister said on Twitter. “Your city will rise again and the UK will do what we can to support Somaliland’s rebuilding effort.”

Some residents in Hargeisa who spoke to AP said the fire shattered their livelihood. “It is a major hit on the first day of Ramadan, as so many of us rely on this market,” said businesswoman Hodan Ali, who lost property in the inferno.

Part of this report is contributed by AP

Kadar Kaariye
Kadar Kaariyehttps://somalilandpost.news
Founder & Editor-in-Chief | Somalilandpost News Kadar Kaariye is a Somaliland journalist, media entrepreneur, and the Founder and Editor-in-Chief of Somalilandpost News, an independent bilingual digital news organization established in August 2011. Since its launch, Somalilandpost News has grown into one of Somaliland's recognized online news platforms, providing comprehensive coverage of politics, diplomacy, governance, business, security, and regional affairs across Somaliland, the Horn of Africa, and the wider international community. With more than a decade of experience in digital journalism, Kaariye has overseen the editorial direction and strategic development of the publication, emphasizing factual reporting, balanced analysis, and timely coverage of major political and socio-economic developments. Under his leadership, Somalilandpost News publishes news and feature stories in both English and Somali, serving readers within Somaliland and the global Somali diaspora. As Editor-in-Chief, Kaariye manages editorial policy, newsroom operations, investigative reporting, and multimedia publishing while maintaining professional journalistic standards and editorial independence. His work has focused extensively on Somaliland's democratic development, foreign relations, regional security, economic affairs, and international recognition efforts. In addition to leading Somalilandpost News, Kaariye has contributed to the advancement of digital media by expanding the organization's online presence across multiple platforms and strengthening its role as a trusted source of breaking news, in-depth analysis, and public-interest journalism. EMAIL: kaariye@somalilandpost.news Headquarters: Hargeisa, Somaliland

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