Executive Summary

Executive Summary Dahab Power is a pioneering private utility company dedicated to transforming energy access across Puntland then spreadout Somalia. With a mission to deliver reliable, affordable, and modern electricity, Dahab Power/profissional entity will build and operate hybrid energy infrastructure—combining solar, wind, and diesel power—alongside a smart distribution grid and digital service model. The company is designed to fill a critical service gap in one of the most energy-deprived and high-cost electricity markets in Africa. Founding Vision & Mission of Dahab Power Vision Statement: To power Puntland’s towns and rural areas with clean, reliable, and affordable energy. Mission Statement: Dahab Power is committed to transforming energy access in Puntland by delivering modern, renewable, and cost-effective electricity solu Provide a safe, reliable, affordable, and sustainable electricity supply throughout Somalia. Maximize shareholder value while maintaining prudent levels of exposure to operational and financial risks. Ensure sustained downward pressure on electricity tariffs. Improved customer service. Dahab Power will deliver end-to-end infrastructure by constructing generation assets (solar farms, wind turbines, gensets), transmission systems, and a private grid in each target location. The company will launch its model in Garowe, Puntland’s administrative capital, and then expand to Bosaso, Galkaio, Qardho, Burtinle, Armo, Garacad, and Yako. A smart metering and mobile billing platform will allow customers to choose between prepaid, postpaid, or PAYG options—ensuring both revenue protection and affordability. Commercial and institutional clients will be offered tailored packages with service guarantees. The Opportunity Electricity in Puntland is among the most expensive in the world, with tariffs reaching $0.80–$1.00 per kWh due to inefficient diesel reliance, small-scale generation, and logistical constraints. Access to power is also uneven: urban areas have limited and unstable supply, while rural and remote towns remain largely off-grid. This leaves families in the dark, restricts economic activity, and forces businesses to rely on costly self-generation. The electricity market in just 8 selected towns exceeds $138 million annually, of which Dahab Power targets a share between $27.7 - $55 million equivalent to 20%-40% in 7 years from July 2026.