Business opportunities in Somaliland/Somalia

[Ras]

What about importing building material and other household essentials from places like China and selling it to contractors

That'll get you a first class ticket to heaven sxb.

Some fat Warlords are enjoying monopolies over that and you're suggesting that we take xaalwad from their plates?

Maybe try selling higher end building materials like granite for kitchen tops or special flooring.

Same with consumer goods. Sell to the upper middle class and above.

Only issue with that is the low barrier to entry and the fact we copy each other like we're some hive colony.

Maybe try getting an exclusive distribution rights for Somalia from large Asian suppliers that wouldn't sell here otherwise.

They'd probably give it to you for free as long as you could guarantee a minimum volume.

 

[Ras]

From what I know 65% of the people from my region are nomads who come to the market after selling their livestock on some months of the year. Ir would be smart to do research on what they buy and import those products for cheap if you can. And the same with suppliers, you can find cheaper ones with better quality products than those listed on alibaba. When you do you’ll be setting the prices and looking over your shoulder for opps in shanghai

Nomads could be a big business if you figure out how to monetize them.

They actually own more assets than the average urban dweller.

Maybe build a meat processing plan deep in the Galbeed hinterlands and move the frozen meat by train to the Djibouti port.

Livestock lose a huge chunk of their value when they're forced to travel hundreds of kilometers to Berbera or Bosaaso.

You can even provide fattening feed and health checks there.

You increase the value of the livestock, systemize the trade and livestock lifecycle and add value through food processing.

Could create a ton more opportunities as a side effect.

 

[Removed]

Old but ill give it a bump

Laundry business, fast tasty food takeaway, car imports and sell,

Big time: Storage units, factory spare parts production, camel trade business, remote IT and customer service. Bro there are HUNDREDS.

The trick is to go there ans see what you have in the west that is not available there.

Is it possible for a remote IT or customer service company to operate from Somalia? That’s actually something I always wondered if a group of Africans learned a high value remote job like software development or Data Science(even with a PHD) could they even find employment?

 

[Mr.Haggis]

Pimp

 

[Yukon_Niner]

That'll get you a first class ticket to heaven sxb.

Some fat Warlords are enjoying monopolies over that and you're suggesting that we take xaalwad from their plates?

Maybe try selling higher end building materials like granite for kitchen tops or special flooring.

Same with consumer goods. Sell to the upper middle class and above.

Only issue with that is the low barrier to entry and the fact we copy each other like we're some hive colony.

Maybe try getting an exclusive distribution rights for Somalia from large Asian suppliers that wouldn't sell here otherwise.

They'd probably give it to you for free as long as you could guarantee a minimum volume.

Hold on, say someone got machines imported and started creating construction materials e.g. bricks. Would they be sent to akhira too?

 

[Awdalia Rising]

I would say landscaping but there’s no point offering to plant trees and flowers for people when goats are just going to chew them out. If any Somali city actually wants to look nice they have to ban livestock free roaming in the city like wtf they eat all good green shrubs and just contribute to making the place look ugly

 

[Ras]

Hold on, say someone got machines imported and started creating construction materials e.g. bricks. Would they be sent to akhira too?

They get to fly on the Concord to heaven.

Construction materials is a juicy piece a meat monopolized by the same folks for decades.

Wouldn't be surprised if they pay AS to bomb Xamar just so they could get recurring business

 

[Program]

Watersport centre would make a killing. Jet skis , hydroflights , sailing ,jet boarding, surfing and etc. Build a few restaurants in its vicinity

 

[Yukon_Niner]

They get to fly on the Concord to heaven.

Construction materials is a juicy piece a meat monopolized by the same folks for decades.

Wouldn't be surprised if they pay AS to bomb Xamar just so they could get recurring business

Damn, I was having dreams of creating a whole manufacturing plant as well

Would this work out in a place like Djibouti?

 

[GemState]

Real Estate is probably the biggest thing right now to look into

 

[Rooble44]

i have to ask is mining profitable in somalia

Probably is, there's so many minerals and stuff all over tbh, but most of these will rip you off if you're not well versed in this field.

 

[Ras]

Damn, I was having dreams of creating a whole manufacturing plant as well

Would this work out in a place like Djibouti?

Unfortunately most of Africa is like this.

Maybe you could sell services to the current incumbents to help them save or make more money and wait until you gain enough leverage to compete.

 

[Yukon_Niner]

Unfortunately most of Africa is like this.

Maybe you could sell services to the current incumbents to help them save or make more money and wait until you gain enough leverage to compete.

Guess my future dreams aren't as viable as I thought they were

 

[YourBrother]

Depending on how much money you want to invest--safest thing to do if you're not here on the ground is to buy real estate. If you live in Somaliland or Somalia, you can never go wrong importing a product and selling it with a 500% markup (no exaggeration lol).

 

[Ciyaalka Xaafada]

I would say real state, banking. People back home need banks where they can get investments or where they can invest their money. Start hargeysa wallstreet, hundred years later you will be named after a big corporate bank, like jp Morgan, Lehman brothers.

Bruv couldnt u just collect mad investments from dumb abdis and then dip back to the west?