Do Somalis know any businesses other than coffee shops and hotels?
- Thread starter EainA2
- Start date
The truth seeker
Get Rich or Die Tryin'
East Africans and gulf Arabs are the laziest people you’ll ever meet
Atleast these newer hotels look good. Also somali maxamed are copycats.. someone needs to venture into other stuff and show them it works and they’ll do it too
balanbalis
Soomaaliweyn ha noolato
SBI and Dahabshiil are arguably a billion times more successful and are NOT hotels or restaurants
this looks so good
People can only open businesses for which the necessary security, infrastructure, and human capital are available. You won't be seeing steel mills, car factories, or semiconductor fabs in Somalia anytime soon because we lack both an educated workforce and even more basic necessities like the energy infrastructure to support them.
Just be happy there are people investing in Somalia at all instead of hating while contributing nothing yourselves. These investments are still a net positive to the economy.
Just be happy there are people investing in Somalia at all instead of hating while contributing nothing yourselves. These investments are still a net positive to the economy.
If Somali had a business mind set they would fix up all old castles. Their are a lot Middle evil Castle and make into tourism destination and make money of them. Each coast town has large structures like these and I'm not talking about the large ones but even the small ones. For instance their is a castle large structure in cadale Somalis
I've never heard of a town named cadale. It's population is probably not bigger than 20k residents. These other African countries are fixing up there old colonial structures or structures they built centuries ago and are making alot of money this way. But you would have to fix up these structures and make a whole business around them with hotel and restaurant. Cadaan people love historical sites that are taken care of.
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Idilinaa
VIP
Somali businesses are actually extremely diverse. It crosses into many different sectors.
You can also see it on how there is many different conglomerates that deal with different things.
moumin.com
horseedgroup.so
www.stargroup-som.com
nationalnfs.com
There is soo many different conglomerates in Somalia it would take a page and more to list them all i have found.
In Somalia they don't really have corporatism you see in the west they behave more like cooperative enterprises. They are often community driven and collectively owned.
The hotels yall keep rinsing to diminish Somalis with are actually connected to the businesses that range from construction/engineering companies, drilling, plumbing, electricity, real estate and mechanics.
They also deal with micro-financing as well and are connected in turn to banking or financial services.
Hotels much like the expansion of housing and apartments in the city reflects growing demand for accommodations both from locals and expats as the population grows , business increase and middle class expands. You are seeing Hotels and Real Estate on platforms on tiktok more due to advertisement and marketing. It doesn't mean that's the sole business Somalis engage in.
Also i had to educate some of you before even @cunug3aad
that Somalis are setting up many different factories and manufacturing facilities . He was not aware that Somalis set up a salt manufacturing plant in Galmudug back in 2021 and a business to market the salt products in Mogadishu to distribute across Somalia.
Mogadishu alone in 2018 had 40 factories and 30 industrial facilities , seeing that Somalia's economy 4x time what it was in 2018 according mobile money transactions of 2023 , manufacturing is probably double that now. Same throughout the rest of the country.
They have things ranging from steel mills, concrete batching, cement productions, pipes/wires, various productions of building materials. Boats production, fabrics, pharmaceuticals, aluminum a bunch of stuff
This is why i told @Shimbiris that we need better centralized update-able data collection and information on business and industries. It makes many Somalis unaware of the economic activity in their regions or how it operates really and sometimes turn to social media or read nonsense headlines to know more(Somali journalists are awful)
You can also see it on how there is many different conglomerates that deal with different things.
Moumin Group
moumin.com
Home - Horseed Group
Horseed Group Our Portolio Access webmails here Mail us to start business with us: info@horseedgroup.com Business Units We pride ourselves on a broad range of specialties Learn how we’ve worked to deliver cutting-edge customer-focused solutions. Foodstuffs Industry We make available a wide range...
horseedgroup.so
Star Group of Companies
www.stargroup-som.com
National Group Of Companies | Home
There is soo many different conglomerates in Somalia it would take a page and more to list them all i have found.
In Somalia they don't really have corporatism you see in the west they behave more like cooperative enterprises. They are often community driven and collectively owned.
The hotels yall keep rinsing to diminish Somalis with are actually connected to the businesses that range from construction/engineering companies, drilling, plumbing, electricity, real estate and mechanics.
They also deal with micro-financing as well and are connected in turn to banking or financial services.
Hotels much like the expansion of housing and apartments in the city reflects growing demand for accommodations both from locals and expats as the population grows , business increase and middle class expands. You are seeing Hotels and Real Estate on platforms on tiktok more due to advertisement and marketing. It doesn't mean that's the sole business Somalis engage in.
Also i had to educate some of you before even @cunug3aad
that Somalis are setting up many different factories and manufacturing facilities . He was not aware that Somalis set up a salt manufacturing plant in Galmudug back in 2021 and a business to market the salt products in Mogadishu to distribute across Somalia.
Somalia salt production
Why dont we make salt on large scale? Seems easy enough of an industry to get into and we got large amount of hot dry land. I am aware of xaafuun which was a tuulo in puuntland that the italians made into a salt factory https://en.wikipedia.org/wiki/Hafun_Salt_Factory But after brits came it...
www.somalispot.com
Mogadishu alone in 2018 had 40 factories and 30 industrial facilities , seeing that Somalia's economy 4x time what it was in 2018 according mobile money transactions of 2023 , manufacturing is probably double that now. Same throughout the rest of the country.
They have things ranging from steel mills, concrete batching, cement productions, pipes/wires, various productions of building materials. Boats production, fabrics, pharmaceuticals, aluminum a bunch of stuff
This is why i told @Shimbiris that we need better centralized update-able data collection and information on business and industries. It makes many Somalis unaware of the economic activity in their regions or how it operates really and sometimes turn to social media or read nonsense headlines to know more(Somali journalists are awful)
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Idilinaa
VIP
I wish we could ban Somalis from going to them or digging around into things . The guy is touching and disturbing an archeological site. He almost broke one of the standing doors by tapping on it.
Many of the successful historical restoration projects we see around the world are funded/backed by a central government or a tourism agency. So its done publicly because they require large budgets and expertise to maintain.
If you look at the repair of historical sites, forts etc and building of new monuments in the past it was all the Somali government that did it.
It is a pretty expensive undertaking, usually people are not willing to finance these things privately unless it has some sort of utility or return on investment.
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Did Sayyid Barghash build it? The guy in the video says it
cunug3aad
3rdchild · suugo dottore
FGS and somali journalists as a whole needs to publish more information in english for the diaspora, the parents can't teach everything on their own, everything we learn about somalia is through bbc news or some other news source or the musings of the civil war
If i was still browsing the somali reddit i would be of the opinion that the country is hopeless and cursed, ironically this forum made me more wadani
Idilinaa
VIP
Not if it was built in 1732 no idea where he got that date from either. He just rambling about italians and other political actors etc. Which i think it's wikipedia info.
Garaad Awal
Former African
Idilinaa
VIP
Western media outlets are driven by profit motive and sensationalism. It's the same for those wannabe Somali speaking journalists on Youtube. That's why their fixated on tragedies, drama and politics. It gets them clicks and viewership. It's more entertainment based rather than educational. Social media more or less operates the same.
But it makes them very detached from the ordinary everyday life of most Somalis inside Somalia, how Somalis interact with one another on a day to day basis and how basic things operate. Sometimes rather than understanding their own societies as it is they just imports ideas and models that apply to other socities and employ it on Somalia to explain things.
News coverage in Somalia should ideally be publicly funded and demanding people to have journalistic licenses. It will force them to be more professional, balanced, objective and fact driven , covering things that serve the local communities and help keep them educated and informed on the things relevant to their day to day lives.
I noticed looking at the corrections made by educated regional State officials or CEO, Somali journalists will literally misrepresent information and make slanderous allegations that are provably false. Their articles are often lacking in detail, insight or any nuance. It's as if they are reporting gossip and hersay.
You can see it from an article i came across that i shared in another thread:
Rebuttal- Puntland economy: Key underlying challenges of budget execution and ways forward - WardheerNews
The opinion piece on Puntland Economy published on WardheerNews, August 2, 2021 by a Abdullahi A. Muse (Sanco)’ with ooh and surprise about the author’s misrepresentation of the current financial performance and significant reforms achieved in Puntland under the new leadership and administration
wardheernews.com
I think the average Somali are wadani offline seeing how much they invest in their homeland. The support they give to it cannot be explained in any other way, except for the love they have for their homeland and people. So i am not really concerned about whats being said on reddit or anywhere else really. People can say the most discepicable things it wont deter us .
This forum however is just littered with trolling and misinformation, so i doubt the sincerity what you are saying lmao. I am one of the few probably that engages in good faith but more so for my own sake to expand my own knowledge. You learn more from debate and disagreement than agreement i found, so this place has been useful to me.
I wonder how many anicent structures are all over the somali peninsula. The only mapping I've seen done is by sade mire where she seems to mark like several dozen abandoned towns.
balanbalis
Soomaaliweyn ha noolato
Maxaa qosol ah?
Somalia has expensive electricity due to no government and Ethiopia/Djibouti are run by despots.
Somalis in Nairobi are diversified.
Its no longer feasible to control media now that the internet is around.Western media outlets are driven by profit motive and sensationalism. It's the same for those wannabe Somali speaking journalists on Youtube. That's why their fixated on tragedies, drama and politics. It gets them clicks and viewership. It's more entertainment based rather than educational. Social media more or less operates the same.
But it makes them very detached from the ordinary everyday life of most Somalis inside Somalia, how Somalis interact with one another on a day to day basis and how basic things operate. Sometimes rather than understanding their own societies as it is they just imports ideas and models that apply to other socities and employ it on Somalia to explain things.
News coverage in Somalia should ideally be publicly funded and demanding people to have journalistic licenses. It will force them to be more professional, balanced, objective and fact driven , covering things that serve the local communities and help keep them educated and informed on the things relevant to their day to day lives.
I noticed looking at the corrections made by educated regional State officials or CEO, Somali journalists will literally misrepresent information and make slanderous allegations that are provably false. Their articles are often lacking in detail, insight or any nuance. It's as if they are reporting gossip and hersay.
You can see it from an article i came across that i shared in another thread:
Rebuttal- Puntland economy: Key underlying challenges of budget execution and ways forward - WardheerNews
The opinion piece on Puntland Economy published on WardheerNews, August 2, 2021 by a Abdullahi A. Muse (Sanco)’ with ooh and surprise about the author’s misrepresentation of the current financial performance and significant reforms achieved in Puntland under the new leadership and administration
I think the average Somali are wadani offline seeing how much they invest in their homeland. The support they give to it cannot be explained in any other way, except for the love they have for their homeland and people. So i am not really concerned about whats being said on reddit or anywhere else really. People can say the most discepicable things it wont deter us .
This forum however is just littered with trolling and misinformation, so i doubt the sincerity what you are saying lmao. I am one of the few probably that engages in good faith but more so for my own sake to expand my own knowledge. You learn more from debate and disagreement than agreement i found, so this place has been useful to me.
Especially considering that most of the worst offenders are diaspora.
cunug3aad
3rdchild · suugo dottore
He has no dahab to shiil
Idilinaa
VIP
No it used to be expensive due to it being diesel generated but electricity prices has come down a lot in prices due to investments in green energy and technological advancement by local energy companies to provide cheaper and more efficient electricity.
Somalia invests $220 million in green energy - Best news channels in Mogadishu | Best news channels in Somalia | News channels in Mogadishu
Somalia's energy and electricity sector is undergoing a huge transformation as BECO, the largest energy provider, signed a $220 million investment in green
mogadishu24.com
The largest single price reduction will come this year between 2025-2027.
There are many Energy companies like (BECO), (NEPCO), (SECO), (KEPLC), Sompower, (CECO), Kube Energy and there is bunch of other smaller ones like Indho Power , NESCO, SECCO etc
Consequently a rural area of Somalia has more reliable and efficient 24 hour electricity supply than large parts of Nairobi who also experience frequent blackouts because its connected to a national grid and not a decentralized mini-grids like Somalia.
Reality in Kenya for comparison:
Kenya: recurring power cuts disrupt daily life
Massive power cuts in Kenya underscore urgent need to modernize electricity infrastructure and tackle technical challenges
energynews.pro
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Do Somalis know any businesses other than coffee shops and hotels?
- Started by EainA2
- Replies: 62
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