Bad aid: Should all NGOs close down?
- Thread starter Aden
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Somalis with passports who get into farming and exporting commodities will help with economic growth. Every time NGOs bring in free food it drives the price of commodities down. The only way to change this on a micro is to invest in farming and export your commodities and reinvest your revenue back into your farming company.
This is why the development of ports is so important for exporters. The more you export into foreign markets the more revenue you can invest into other job creating ventures in the Agro industry.
People don't want to work and they don't want pay for anything, they sit in camps with the promise of winning green cards. The willingness to work in Somalia has been paused, and the people reaping benefits are the ones getting thier hands dirty and filling the "lazy vacuum".
Agro is the quickest and easiest way to build wealth in Somalia since banks and institutional leading for small business is virtually non-existent. Sadly the benefactor will always be the Somali with an international passport that can get products into overseas markets.
Everything in Somalia is underpriced and undervalued. This is literally the greatest time to be Somali if your looking to build a private equity and use farming as a catipult to accessing revenue to invest in infant industries.
This is why the development of ports is so important for exporters. The more you export into foreign markets the more revenue you can invest into other job creating ventures in the Agro industry.
People don't want to work and they don't want pay for anything, they sit in camps with the promise of winning green cards. The willingness to work in Somalia has been paused, and the people reaping benefits are the ones getting thier hands dirty and filling the "lazy vacuum".
Agro is the quickest and easiest way to build wealth in Somalia since banks and institutional leading for small business is virtually non-existent. Sadly the benefactor will always be the Somali with an international passport that can get products into overseas markets.
Everything in Somalia is underpriced and undervalued. This is literally the greatest time to be Somali if your looking to build a private equity and use farming as a catipult to accessing revenue to invest in infant industries.
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