Estimating the Nexus between Internet Usage and Economic Growth in Somalia: Role of Hormuud Telecom Investment

Internet is becoming a driving force for Somalia’s economic growth, creating jobs and enabling startups to get funds communicate value. It also permitting incumbent firms benefit from international trade. This study examines the contribution of growth 1999 2020. We measure by real GDP rate, while penetration rate measures internet usage. The variables exports, imports, investment, consumption, are considered influence in Somalia. utilized endogenous theory develop an empirical framework, Generalized Linear Model (GLM) was employed estimate parameters study. presence unit root series tested cointegration between examined using Engle-Granger Method. results this reveal that usage positively contributes found consumption most significant driver Somalia, trade has beneficial impact on evidence supports all activities Somalia as it means communication, information exchange, knowledge spillover. suggests emerging needs vast infrastructure investment. Such investment boosts reduces cost usage, which helps exploit industrial formation.