Pharo Ventures / Construction materials

Concrete & Machine Rentals

Domestic ready-mix concrete (RMC) and machine rentals (PMR) in Somaliland, with an affordable-housing formwork pilot, navigating a difficult market.

Concrete & Machine Rentals.

Concrete & Machine Rentals.

Introduction

Build the country with materials made in it.

Our ready-mix concrete business produces construction materials domestically in Somaliland, where building has long depended on imported supply. In 2025 it reached profitability and expanded into machine rentals and affordable-housing products.

An affordable-housing formwork pilot is progressing, working with local banks to finance homes.

Somaliland
Location
Domestic
Production
Housing
Formwork pilot
The problem

Building on imported materials is fragile and dear.

Construction in Somaliland has relied on imported materials, which are expensive, slow and exposed to every supply disruption. But the local market is volatile and remittance-sensitive.

Impact

Our impact

2025 figures, reported in the annual report.

Profit
Reached in 2025
Affordable Housing
Construction pilot progressing.
Domestic
Materials made in Somaliland for local construction.
What we've learnt

What we learnt

01

Import substitution can be a business.

Producing locally was both better for the economy and, in 2025, profitable.

02

Know when to review honestly.

A lost client and a large receivable forced an honest assessment of the venture’s future.

03

Concentration is risk.

Depending on one major client left the business exposed when payments stopped.

Engage

Talk to us about construction materials.

Partnership, co-funding and operator enquiries start here.