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Showing posts with the label Africa

Building Somalia’s Tomorrow: The Power of Public-Private Partnerships in Driving Growth and Development

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Somalia stands at a critical turning point in its development journey The country has endured decades of challenges from conflict to instability and weak institutions but recent years have seen signs of recovery With a young population vast natural resources strategic location and a growing entrepreneurial spirit Somalia holds immense potential to rebuild its economy and infrastructure for sustainable growth However to achieve this goal Somalia must bridge its infrastructure deficit and attract large-scale investment that the government alone cannot provide One of the most effective mechanisms to achieve this is through Public Private Partnerships commonly known as PPPs Public Private Partnerships are cooperative arrangements between the government and private sector entities designed to finance build and operate projects that serve the public Such projects can include roads ports power plants hospitals housing water systems and more PPPs leverage private sector expertise efficiency a...

What $10,000 Can Buy You in Somali Real Estate – Real Talk From the Ground

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If you’ve ever wondered what $10,000 could do for you in Somali real estate, especially in places like Daru-salaam , Jaziira , or Lafole , this post is for you. Whether you're a diaspora Somali dreaming of coming back home or just curious about smart investments in Somalia, let me break it down for you in simple, real-world terms. First Things First –What Can You Buy? Let’s start with the good news: land in many districts around Mogadishu is still affordable , and $10,000 can go a long way. In areas like Daru-salaam, Jaziira , and Lafole , plots of land measuring 20x15 meters (about 300 m²) are commonly sold for as low as $4,000 to $5,000 each. That means with your $10,000, you can potentially buy 1 to 2 plots of land —yes, you read that right. You could walk away owning land in multiple districts if you’re smart and strategic. Let’s Look at Each Area            Daru-salaam Plots: $4,500 – $6,000 About 2–3 km from the main road it is growing...

Why the Somali Diaspora Is Investing Back Home in 2025

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  In 2025, Somalia is witnessing a powerful economic transformation and much of the momentum is coming from the Somali diaspora Spread across the globe from North America to Europe, the Middle East to East Africa millions of Somalis living abroad are increasingly choosing to invest back home. But what’s driving this trend? And what sectors are they focusing on? Here are the main reasons why more and more diaspora Somalis are putting their time, money and passion into Somalia’s future. Economic Stability Is Improving Over the past decade, Somalia has made significant strides in rebuilding. While challenges remain, the improvement in security in major cities like Mogadishu, Hargeisa, Garowe and Kismayo has given many diaspora members a renewed sense of hope. The return of major airlines like Turkish airlines, Egyptian airline, Qatar and Ethiopian airlines, international banks like Salaam Bank and Premier Bank, Ziraat bank which is Turkish bank and Egyptian bank both acquiring license...