ABOUT HAFZA FINANCE PTY. LTD. (HAFZA)

HAFZA trades as the Horn of Africa Free Zone Authority.  The company is registered in Australia and shall replace the Canadian HAFZA operation as of 21 April 2005.

The opportunity to participate in the Horn of Africa Free Zone Authority, when invited by World Investments Pty. Ltd. was welcomed by HAFZA’s Board and shareholders. 

HAFZA is to be primarily responsible for handling the funding of HAFZ.  Under HAFZA’s agreement with the Puntland State, HAFZA must establish a branch office at the Dubai Airport Free Zone (DAFZ) for controlling the development of HAFZ in Puntland. 

The Branch office shall be a subsidiary company of HAFZA incorporated under the rules and regulations of DAFZ.  One of these rules requires that HAFZA must provide the rights for the branch office to operate autonomously from HAFZA.

Note: Kindly refer to HAFZA Status here for progress to date.