The investment climate is not yet right for foreign investors to gamble on Somalia

Investing in a conflict zone like Somalia can be suicidal for global businesses even if the rate of return for their faith is higher. There is the need to worry about Corporate Social Responsibility, staff security, eruption of spontaneous violence, poor infrastructure and no legal recourse if things go wrong. Moreover, in the absence of widely available opportunities and political voice, together with corrupted leaders that embezzled seven out of every ten dollars they received according to a UN report published in July and strong presence of Al-Shabaab, people have come to rely on their tribes for security, protection and welfare. As a result, it would be very hard for both local and foreign investors to just set up a business in a certain region, bring their chosen staff and get on with their business without employing local tribes men in key posts even if they lack the qualifications and experience. Where they do decide to employ locals, investors may have to make enormous investment in the education and training which can deter even those with the deepest pockets.

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Diaspora political parties: Daydreaming in distant lands

Somalia: A new phenomenon constructed in the security of the Western world and by those who have very little real involvement with Somalia and its politics. It is built on arrogance, fantasy and colonial like ambition of civilising the Somali people through sudden democracy…From Ha Noolato (where are they now?), Tayo and Hiil Qaran to the others I have not heard of but probably exist, there is this believe among their Diaspora leaders that they will be the ones to return peace, stability and security to Somalia. What is consistent about all of these organisations is that they are led from the comfort of the Western world and they are spearheaded by ambitious but out of touch individuals.