Yeah I know it's really fustrating, the sad part is seeing how successful somali businesses have been in Africa much of that money/revenue is transferred into Somali soil. Millions of dollars.
So the capital is there, $1.3B sent eachyear, combine that with recent trend of diaspora Somalis returning to invest
Add on top of that the $884M in World Bank-estimated foreign direct investment since 2005.
Issue here isn't lack of business spirit, entrepreneurship or even capital. There's plenty of each to go around in S
omalia.
The issue is one of systemic corruption, focus on personal enrichment & lack of transparency stifling development of
Somalia
For us sitting here complaining about this will do us no good, but finding solutions ideas to solve this and make short term and long term plans to change the current circumstance that plague us will do us huge service.
For Somali youth I know we are frustrated about the leadership (rightfully so), but we must not neglect the work that has already been done so wind up horribly reinventing the wheel. That's is the most important thing to remember. We need to study and reanalyze.