“I think EAC countries also see Somalia’s … successful investments by Somalis in EAC countries,” Mohamed Abdi Waare, political analyst and a former president of Somalia’s Hirshabelle state, told Al Jazeera. “They also see its vast blue economic potential in its long coastline, the opportunities to participate in the reconstruction of Somalia and to leverage Somalia links with its diaspora, its links with the Middle East and its strategic location.”
“With massive natural resources, the rebuilding and reconstruction boom after the defeat of al-Shabab, Somalia will provide an excellent opportunity for regional investment in its blue economy, its infrastructural rehabilitation and its real estate and construction industries,” he added.
source:
www.aljazeera.com
“With massive natural resources, the rebuilding and reconstruction boom after the defeat of al-Shabab, Somalia will provide an excellent opportunity for regional investment in its blue economy, its infrastructural rehabilitation and its real estate and construction industries,” he added.
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Somalia has joined the EAC regional bloc. What happens next?
Observers say Somalia’s accession to the bloc comes with multiple opportunities but also multiple challenges.