A dutch guy goes to the Somali owned shopping mall in Eastleigh and compares it to other malls in Nairobi:

[Chaseyourdreamzz]

Somalis have been pastoralists, coastal fishermen and farmers which are food producers depending on where they lived, those same people settled in towns , villages and cities, and did trade and business and brought their produce to markets.

It's no different than anywhere else in the world who's population was made up of rural farmers including Europe before industrialization.

But i agree commercial activity have been ingrained in Somalis since ancient times, because of our geography, it just rendered it a place where goods, people and services moved around.

It's not just law, security and order that prevented Somalia from booming a decade or so ago. It was because of how it was sanctioned, blocked from foreign investments , and international trade, lots of assets were even freezed. The aid Somalis recieved was minuscule and dwarfed by remittances sent by diaspora which was greater.

They only start to loosen these financial restrictions in 2012-2015 and the last of which was removed in 2020.

US lifts sanctions on Somali group of companies​

https://www.theeastafrican.co.ke/tea/news/east-africa/us-lifts-sanctions-on-somali-group-of-companies-1436786

So much of the growth, investment and commercial development we are seeing now its just a return to economic normalization.

I even did the math from numbers i got from a UN economic report in 2020 where it said that the mobile money transactions are estimated to 32 billion a year(2.8 billion a month) and this has a share 36% of the GDP and only 6% of this is remittances.

The share of remittances went from between 25%-50% of the economy to only 2% economy from 2015-2020. It shows that there is significant domestic economic production.

It would give Somalia a GDP of 90 billion with a per capita of 5.000 for 18 million population. Thats a growth of 8900%.

The official numbers don't capture this because the pathetic Somali government hasn't done a rebase yet.

It's very visible when you look at the regional capitals developments in recent years.

Another poster explained this in a different thread using Mogadishu as an example:



So i will imagine it being a very different place 10 years from now if it keeps up this pace.

Even eastleigh has seen a major boom compared to 10-15 years ago lots of investment by Somalis

 

[Idilinaa]

Even eastleigh has seen a major boom compared to 10-15 years ago lots of investment by Somalis

Yes its connected to Economic normalization happening Ogaden and Somalia and diaspora returnees.

 

[Idilinaa]

Its an amazing accomplishment. But what about when u step outside in Eastleigh street? No pavements. Poop mud. Tuuuufff

It used to be like that but they cleaned it up, paved it and put up plants and increased the general security to protect it.

Walk through video and she points it out in the video:

 

[Inquisitive_]

Somalis are well known in Africa to be businesses minded and intrepreneurs.. But the issue is we lose this ability when we migrate to the west.

Because you are competing against established conglomerates that are state funded and receive subsidies.

The education system is geared towards becoming employees, which doesn't help.

We do well in places we're those barriers don't exist, it also helps that the disenfranchised individualistic locals cannot compete with us, basically up against the worst.

The Asians do well in Africa too, they do better then us, have more ingenuity and variety.

 

[Thegoodshepherd]

I came across this video that someone linked me and i looked through his account. I found it to be revealing.

Basically this guy from the Netherlands is an expat in Kenya and he goes to different malls and markets and reviews them and uses them evaluate economic growth and middle class in any given area.
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He went to Somali owned mall in Eastleigh the BBS mall which is the largest one he describes it as the most clean, organized, open, spacious and busy mall he has been to in Kenya, with no vancies or empty shops. This is a mall hat has more than 3,500 shops, 3 hospitals, 32 restaurants, 12 banks, a 7-Star hotel, 364 toilets, and 2,200 packing spaces.

The caption:
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Comments
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Then he goes to other Kenyan malls and they basically have many empty spaces and fewer people visit them.

Caption:
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A few comments under this video
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There is a number of things i learned from this:

1) Somalis in Eastleigh/Nairobi have a larger middle class

2) They have more purchasing power and disposable income

3) They can afford to rent and set up shop

I am also showing this to debunk @AbrahamFreedom nonsense peddling about how Somalis benefit from the business climate in other East African countries when in reality they are the ones generating that business activity and driving it. It also shows how hard working Somalis are.

Somali people in Kenya are productive because Kenyans have kept up and maintained the British common law system. This is a huge achievement on the part of Kenya and is a testament to the farsightedness of Kenyatta & Moi.

They were corrupt in every way, but they preserved the common law system they inherited to an extent that is very rare in Africa and in the global south.

 

[𐒁𐒚𐒒𐒂𐒘𐒂𐒗 𐒎𐒚𐒗𐒗𐒒]

Stick to complaining about Oromos taking over and pushing fake Puntland nationalist agenda.

ciilka ku hayo u DHIMO.