WORLD BANK
Somalia flourished precisely because of the "world community’s" neglect.
In Somalia, "the very absence of a government may have helped nurture an African oddity — a lean and efficient business sector that does not feed at a public trough controlled by corrupt officials," wrote Peter Maas in the May 2001 issue of The Atlantic Monthly. Tele-communications, transportation, and shipping companies were organized up to provide services to the liberated private sector. Internet cafes have sprung up in Mogadishu. Private security firms helped businessmen protect their investments and property.
A recent World Bank study grudgingly admitted: "Somalia boasts lower rates of extreme poverty and, in some cases, better infrastructure than richer countries in Africa." This is almost certainly because it is not cursed with a World Bank-subsidized central government to siphon away the nation’s wealth.
http://www.thenewamerican.com/artman/publish/article_996.sht ml
The Answer for Africa
by Shafer Parker
According to Andrew Cockburn in the July issue of National Geographic magazine, Somalia is rising, phoenix-like, from the ashes of the 1993 war and becoming an economic powerhouse in eastern Africa precisely because anarchy has reigned ever since. Consider Cockburn’s on-the-scene assessment of what has happened since the war. "Like plants sprouting after a forest fire, Somalis have managed to survive and build on their own, in some respects with more success than developing nations on the receiving end of international aid and advice."
Significantly, the Somalis get it. They have learned through experience that less government is good, and that no government is better. Hear what telecommunications tycoon Abdirizak Ido told Mr. Cockburn: "We have been through some hard times, but the worst was when we had a government. Once there was no government, there was opportunity!"
Somali Businesses Stunted by Too-Free Enterprise
By Ian Fisher
There are five competing airlines here; three phone companies, which have some of the cheapest rates in the world; at least two pasta factories; 45 private hospitals; 55 providers of electricity; 1,500 wholesalers for imported goods; and an infinite number of guys with donkeys who will deliver 55 gallons of clean water to your house for 25 cents.
What Somalia does not have is a government, and in many ways, that makes it the world's purest laboratory for capitalism. No one collects taxes. Business is booming. Libertarians of the world, unite
It is striking that Somalia, unlike many parts of Africa, has achieved this thriving business climate on its own, without the usual aid and advice from rich nations. They have all but disengaged from Somalia since the failure of the United Nations operation here in the early 1990's. Somalis have learned that they are pretty good at making money.
"It's entrepreneurism that's doing it," said Ahmed Abdisalam Adan, director of programs for Horn Afrik, Somalia's first independent radio and television station, established last year. "It's who has more creativity. It's who is willing to take risks. Before it was the government. The government could make you rich one day and poor the next
chinese investors
http://www.puntlandpost.com/newspage.php?articleid=5176
Business Attraction in Puntland, Somalia
Bossaso city has become a magnet for foreigners who want to invest in Africa. This week alone, there are about half a dozen business people representing Chinese and South Korean corporations in the city. These representatives and others who frequent Puntland want to invest in the region and expand their business to this part of the world. Interested people include wealthy business men from the Middle East.
Puntland (North Eastern Somalia) has not been touched by the country’s civil war and has remained stable after the fall of Somalia’s central government in 1991. It lies on the tip of East Africa and borders Indian Ocean and Red Sea.
• GAROWE, Somalia July 12 (Garowe Online)
THE PUNTLAND Parliament formally ratified an exploration agreement on Wednesday presented by the Administration in a majority vote. The "Puntland Agreement" was signed in mid-2005 between the Puntland State government and Range Resources, Ltd., an Australian exploration company.
After 2 days of debate, 55 Puntland lawmakers out of a total of 66 ratified the "Agreement" – a day after President Mohamud "Adde" Muse addressed Parliament and informed them of changes to an article in the "Agreement." On Tuesday, President Adde told legislators that the "exclusive rights" article was removed from the original contract, which allows Puntland to be divided into "blocks" and that "other companies" are welcome to explore the region's rumored natural resources wealth
Communication Networks
http://news.bbc.co.uk/1/hi/world/africa/4020259.stm
TELCOM SOMALIA
Telcom is the largest and the leading telecommunications network operator in Somalia. Telcom is the first major privately owned company providing telecommunications in Somalia territory. Telcom principal activities include local, long distance, national and international telecommunication, mobile communications, and a wide range of data services including broadband access.
http://www.telcom-somalia.com/index.htm
STG over the years has proven to be a lucrative successful telephone business venture. STG became a vital part of Somali people socially and commercially. Customer demand did not end only for voice and fax services; currently STG telecom services include GSM Mobile services, SMS, Prepaid telecom services, high speed internet, local and international long distance services through out the entire STG Network.
NATIONLINK
Headquartered in Mogadishu, Somalia, NationLink offers a variety of
telecom services including landline telephones, faxes, data, long range
cordless telephones and Internet services. NationLink is one of three major
telecommunications companies headquartered in Mogadishu that has participated
in collaborating to form a joint Internet company -- Somali Internet Company
(SICO) to provide services throughout the region
UNIVERSITIES
1
The university is a multipurpose institution. In addition to preparing competent professionals, it aims to be a community learning centre, an idea hub, a focal point for practical and theoretical research, and a development engine that makes real difference to lives of the people in the city and beyond.
2
BU was established in Mogadishu, Somalia in September 2002. The University has now four Faculties (Medicine, Computer Science, Education and Engineering). and there are plans to add other faculties at earliest possible time.
http://www.benadiruniversity.com/
3
MU shall take a pioneering role in filling the educational gap created during the civil war so as to provide higher education opportunities for the young generations of Somalia.
MU shall give students an opportunity of higher education and specialization in various spheres of sciences and literature in response to the desperate needs of the country for educated human resources.
MU shall develop indigenous scientific knowledge through encouraging focused research programs in the priority sectors
http://www.mogadishuuniversity.com/objectives.html
Future Complex now being build
4
Amoud University is a community-owned non-governmental, national University and open to all aspiring candidates who fulfill the admission requirements without discrimination based on sex, ethnic, origin, creed or color.
Faculties
Faculty of Education
Faculty of Business and Public Administration
Faculty of Medicine of Surgery
Faculty of Natural Resources (Department of Agriculture )
Faculty of Information & Communication Technology (Online )
5
Al-Neelain University in Mogadishu, Somalia
A branch of Al-Neelain Univ. in the Sudan (Runs in Arabic)
Economics and business administration
6
Science and Technology University of Yemen in Mog. Somalia
A branch of Yemenite university in Somalia
7
Umdurman University in Mogadishu, Somalia
A branch of a Sudani University in Somalia
8
The African University
Taleh in Hodan district of Mogadishu, Somalia
Main subjects taught
Arts and literature; and Sciences
9
Al-Tiba University
Islamic studies from Sharia to Ahadith, Tafseer and Aqeedah.
10
Hamar University
Business and adiminstration; Sharia and law
11
The Indian Ocean University
Main subjects taught
Economics and administration
12
Darul Ulum University
Religious studies
13
Islamiya University,
14
Somalia University
15
Furqaan University
16
Hargeisa University (2000)
Somaliland
website
Education, law, Islamic studies, sciences, medicine, business and languages.
17
Berbera University
Somaliland
Geosciences, ecology ( University under construction stage)
18
The East African University
Puntland
website
IT, journalism, finance and English
19
Nugaal University
Puntland
website
In construction stage
College or institute
1
Somali Institute of Management & Admin. Development (SIMAD College)
website
(Teaches to a degree level in 3 years).
ICT, Business Admin; Accounting, and Language and Communication. SIMAD offers higher diploma in 2 years of study.
2
National Institute of Nursing in Somalia
Nursing for 3 years
3
The High Nursing Institute of Mogadishu
An associate of Mogadishu University
3-years nursing programme
4
The SOS nursing school
Mogadishu, Somalia
Trains students to become professional community nurses.
5
Hayat Health Training Institute
Mogadishu, Somalia
Allied health sciences, nursing, physiotherapy
6
Benadir Teacher Training Institute
Female teacher training for primary schools for 2 yrs.
www.fpens.org
7
Dhokolow’s Basic Science Institute
Mogadishu, Somalia
Secondary and pre-tertiary (college) physics, chemistry, mathematics and biology.
8
The Express English Language Institute
Mogadishu, Somalia
Fast track system of learning the English language. Uses modern audio-visual aids.
9
The Maths Institute of Shuuci
Mogadishu, somalia
Teaches maths at secondary and pre-tertiary levels. A good preparation for university entrance maths.
10
Golis College
www.golliscollege.com
Hargeisa, Somaliland
Accounting, agriculture, art and design, business, building construction, ceramics, civil engineering, criminology and police science, electronics, electronics, English, IT, health sciences, law & jurisprudence, medical lab & radiology; pre-medicine, teacher training and textile
11
Hargeisa College of applied arts and technology
www.hargeisacollege.net
Hargeisa, Somaliland
Engineering, sciences, social science and humanities, business and IT.
there are 1172 primary schools in Somalia
http://www.webometrics.info/top100_continent.asp-cont=africa.htm
it has three universities in the top 100
one surpasses Ethiopia,Sudan,Ghana and the other 2 are higher ranked than Djibouti and Eritrea
DIASPORA
Dahabshiil has 75 agents in the UK and over 400 branches and agents world-wide
The quality of service differentiates Dahabshiil from its competitors. Dahabshiil is now recognised as the most reputable commercial enterprise in the sector. Customers call it trustworthy, reliable, cost-effective and efficient.
The company's long-term strategy is to remain the first choice of money transfer services for migrants from the Horn of Africa. Our mission is to be an innovative, customer-oriented company that consistently exceeds customers' expectations of service.
The diaspora anually pumps 2/3 billion into somalia
It may surprise you that we have been around for over 12 years. The company has grown from humble beginning with one Cessna aircraft in 1991, to become one of the largest flights network in Africa. Daallo Airlines is nominated as one of the show case success stories in Africa by Mr. Fick, David S, in his book of "Entrepreneurship in Africa: A study of Success".
The Brand New JUBBA Airways is now more user-friendly! You will find some welcome additional features and everything there is to make your visit to our site a pleasant experience. Promises are what we offer and will strive to deliver be it our flights to all Jubba destinations Dubai, Mogadishu, Djibouti or Jeddah or the excellent in-flight service on board.
The moment you step on board you will find the difference with our flight attendants welcoming you with a smile and making every possible effort to make your flight as happy as possible. There are also Special Offers which we will be offering our valued passengers from time to time. As the Umra and Hajj season are both fast approaching, be sure to book your tickets in advance.
NO AIDS PANDEMIC
By STEPHANIE NOLEN
Monday, July 25, 2005
XUDDUR, SOMALIA -- They have posters. They have training manuals. They have wipe-off markers. The only thing that the earnest band of AIDS educators in this Somali town don't have is, well, any people with AIDS.
At least none they know of.
The breadth of the AIDS pandemic has led to the idea in the West that the entire continent is ravaged by the disease. But Somalia -- isolated for 14 years since the civil war began and populated by devout Muslims -- has an infection rate of perhaps only 1.5 or 2 per cent of the adult population.
Its isolation has helped to keep the infection rate one of the lowest in Africa at a time when countries to the south are reporting infection rates of 40 per cent of the adult population
CURRENCY
SoSh (Somali shilling)
the SoSh's stability is reflected by the fact that in parts of neighboring Ethiopia the SoSh is more extensivly used than Ethiopia's own currency 
2003 :144) In fact prior to the last large monetary injection in Somalia in march 1999 and in 2000 the SoSh showed greater stability than the currencies of Ethiopia and Kenya from 1996 february to 1999 the SoSh depreciated against the US$ only 12.14% Between 1996-1999 the Kenyan shilling lost 32.55% against the US$ and the Ethiopian birr depreciated against the dollar 26.58% -Peter Leeson "better of stateless"
Berbera of somaliland and bossaso of Puntland ports
LIVE STOCK TRADE
Tharwa Net-Watch
From the chaos, it's a business boom in somalia
Import and export is a booming business. Traders are doing whatever they can to get hold of useful stuff that can sell abroad. Neither traditional nor non-traditional commodities are spared. Even markets for scrap metals that litter all over the place are to be found, especially old military gear and other devices wrecked during the civil war.
The import sector is the most interesting. Town dwellers all over Somalia cannot complain of a shortage of commodities as adroit traders have managed to fill stores with all sorts of goods. Sugar from Brazil, toys from Thailand, trinkets from India and even shotguns from Ukraine all compete for buyers in Mogadishu and elsewhere.
Trade between Somalia and other countries has multiplied. Some people even estimate that the trade volume is so huge that it could be considered one of the biggest in the Horn of Africa, outdoing more politically stable countries such as Kenya and Ethiopia.
Sceptics say Somali traders have become so profit driven as to compromise all values. Environmental and public health concerns have been raised, especially due to deforestation. The prevalence of strange diseases is assumed to be due to consumption of substandard, imported foods and drugs.
In the absence of law enforcing institutions to safeguard investor rights, joint ventures have been founded based on trust. It seems unimaginable that as many as 600 investors could pool their capital in order to initiate and run a single or a chain of businesses. It is not unusual to hear radio announcements calling shareholders for a meeting or news of a company management declaring payment of dividends. But beneficiaries tend to hide their huge income, fearing kidnappers.
Minarets of mosques generally greet visitors to Somalia's urban areas, but in these days the sight of communication transmitters of the shape of Paris's Eiffel Tower is becoming quite common. They are the product of intense competition among telecommunications and media companies who want to send and receive signals through the airwaves.
The recent opening of a Coca Cola plant in Mogadishu is an indication of how multinationals are beginning to expand their franchises to previously risky areas. It is a sign that more investors will follow suit, creating jobs and generating more locally made products.
http://www.tharwaproject.com/index.php?option=com_keywords&task=view&id=1006&Itemid=0
SOMALILAND
Somaliland secures large German industry investments
Awdal News Network / afrol News,
The government of the breakaway republic Somaliland today signed a joint venture agreement with Germany's Sougueta Engineering AG on establishing a cement factory, coal powered electricity plant and a gypsum factory at the cost of US$ 250-300 million.
PUNTLAND
Business Attraction in Puntland, Somalia
Bossaso city has become a magnet for foreigners who want to invest in Africa. This week alone, there are about half a dozen business people representing Chinese and South Korean corporations in the city. These representatives and others who frequent Puntland want to invest in the region and expand their business to this part of the world. Interested people include wealthy business men from the Middle East.
Puntland (North Eastern Somalia) has not been touched by the country’s civil war and has remained stable after the fall of Somalia’s central government in 1991. It lies on the tip of East Africa and borders Indian Ocean and Red Sea.
SOUTH
After the islamic take over the people are experiencing a booming business with no roadblocks or militia's everything is going smooth
The stabilisation of Mogadishu after Islamist leaders ousted US-backed warlords has dealt a blow to pirates and given a boost to business in the Horn of Africa nation, a prominent Somali businessman said.
"We never had business like this before," Abdulkadir Nur, who manages the strategic El Maan port just north of the Somali capital, said as six ships from Dubai unloaded wood, sugar and cooking oil on the beach behind him.
A bustling, natural port with 10,000 workers and an annual discharge of some 300,000 tonnes of food, El Maan’s facilities are an object lesson in Somali ingenuity. A single, floating pipe offloads oil from a tanker just a few hundred metres offshore. Further down the beach, barges bulging with wood, sacks of sugar, and cooking oil containers ferry backwards and forwards from waiting ships.
FISHING INDUSTRY OF SOMALIA
Puntland International
Farah Awosman
Bosaso 944 2132+47 9062 0916 +47 2236 0923
[email protected]
- We are a fishing company located on the coast of Somalia. We deal in all sorts of fish like Grouper, Red Snapper, King fish, shark fins, lobster, sea cucumber etc.
Ridwan Seafoods Ltd
Ahmed Ali
Kismayo 515 8118 -
[email protected]
http://www.ridwan.com
A company based in Kenya, somalia and also Dubai. We do handling exporting and local supply of frozen and live lobsters from lower Jubba especially Burgao, Kuda, Kamboni, Gobwain and Kismayo. We export 5000 frozen lobster to overseas each month by air.
Sanaag Fisheries Company
Ali Jama
Sanaag 754 6369 754 6541
[email protected]
Exporting mainly on hamour fillet, tuna and lobsters. We also have a legal permission from the Somaliland government so that any investor who is willing, a joint venture in this industry is welcome.
Siiste - Royal Seafood Inc.
Maxamed Said
Sanaag, Somaliland 7 213 456 7 514 654
[email protected]
We are one of the biggest export & import companies in the East African countries. Products include grouper, red snapper, king fish, tuna, shrimps, lobster. Also: dried fishes such as shark fins, shark bones, sea cucumbers, fish maws, dried shark meat and dried shrimps.
Somafish International Company
Abshir H. Osman
Mogadishu 1 635 272 1 635 272
[email protected]
We are exporters/wholesalers of seafood. Our facility in Somalia is very modern, it includes a new 100mt freezer capacity. Our products include Snapper, Grouper, Kingfish, Tuna and in addition we would be able to supply other species that are available in the Indian Ocean.
4/11 SomFish Ltd Said Ali
Sadiq Shire Bosaaso +971 50 348 4160 +971 4 227 8611
[email protected]
HILAAC REAL ESTATE AND CONSTRUCTIONS
Bosasso 1 | 91 houses - almost completed
Bosasso 2 | 80 houses - started september 30 2005
Gaalkacyo 1 | 300 houses - started september 30 2005
Laascaanood | 250 houses - planned to start in 2005
Gaalkacyo 2 | 300 houses - planned to start in 2006
Garowe | 150 houses - planned to start in 2006
Carmo | 100 houses - planned to start in 2006
http://www.hilaac.net/
DARYEEL CONSTRUCTION COMPANY
http://www.daryeel.com/aboutus.htm
Dayeel is locally owned Somaliland Constructions company employing around 400 staff across Somaliland and with completion of approximately 100 of constructions annually.
DCC is highly respected and well-established contracting company, with professional builders and surveyors supported by an experienced administrative team. We provide a complete range of construction and program management services in all in the segments of residential and business building market.
ALLA-AAMIN CONSTRUCTION COMPANY
http://www.alla-aamin.com/
LUCK STAR CONTRUCTION LTD COMPANY
http://www.lstarconstruction.com/home.html
UNIVERSAL & ENGINEERING CONSULTANT CO.
http://unieco.co.uk/default.asp
CHINA CIVIL ENGINEERING CORP
http://www.sbconline.net/news.php?page=newspage&id=6443
they build schools,houses,hospitals and roads
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