All that needs capital that only few can bear itSomalis need to develop proper industries. No more just shipping off whole livestock. Process and sell leather and other hide products. Get into dairy like Saudis and Almarai. Get into wool and grass-fed/free-range meat for more affluent markets. Open more tuna factories or get selling dried fish and fish farms. Textiles, mining and processing metals from our more mountainous parts... Date syrup instead of just Dates. Our economy is very immature and so much, I'm noticing during recent visits, is just imported.
The big hurdle, though, is energy. All of that is energy intensive and Somalia lacks, for now, really abundant and cheap energy. Even with investors that's a hurdle we need to conquer somehow. Smacking aside the gaalo's renewable hard-on and just getting into fossil fuel exploitation seems the likeliest bet, if you ask me.
Capital can be acquired if we make the country safe and secure. It's already relatively easy to do business here. There's a lot of interest in Somalia. What tends to hamper us is hat foreign investors don't feel safe. No strong central government, no overall proper rule of law, militants running amok... but solving this in itself requires much capital.All that needs capital that only few can bear it
Somalis need to develop proper industries. No more just shipping off whole livestock. Process and sell leather and other hide products. Get into dairy like Saudis and Almarai. Get into wool and grass-fed/free-range meat for more affluent markets. Open more tuna factories or get selling dried fish and fish farms. Textiles, mining and processing metals from our more mountainous parts... Date syrup instead of just Dates. Our economy is very immature and so much, I'm noticing during recent visits, is just imported.
The big hurdle, though, is energy. All of that is energy intensive and Somalia lacks, for now, really abundant and cheap energy. Even with investors that's a hurdle we need to conquer somehow. Smacking aside the gaalo's renewable hard-on and just getting into fossil fuel exploitation seems the likeliest bet, if you ask me.
That can be solved with Hydrogen gas, infact it is the answer for Solar and wind energy problem, where you can generate Hydrogen from using electricity from Solar power during the day and store the hydrogen and then use them in night.I thought renewables like solar were even cheaper than coal now; we still need gas for blast furnaces and petrol for cars, but a renewable + battery storage dependent electricity grid seems more than tenable -- especially in Nations that get plenty of solar radiation.
I thought renewables like solar were even cheaper than coal now; we still need gas for blast furnaces and petrol for cars, but a renewable + battery storage dependent electricity grid seems more than tenable -- especially in Nations that get plenty of solar radiation.
The first stage should be to establish critical energy intensive industries (with reliable energy sources). As much as I love renewables, I don't think a country as poor and as undeveloped as ours can bet that renewables will power vital industries reliably (Nuclear is out of the question in the short term; it can take decades to make one plant). If we were to discover oil, we simply need to sell it and use it ASAP.That can be solved with Hydrogen gas, infact it is the answer for Solar and wind energy problem, where you can generate Hydrogen from using electricity from Solar power during the day and store the hydrogen and then use them in night.
From seawater desalination plants powered by solar power, make water and hydrogen, then hydrogen is stored and used in hydrogen engines to make power. Green win/winI thought renewables like solar were even cheaper than coal now; we still need gas for blast furnaces and petrol for cars, but a renewable + battery storage dependent electricity grid seems more than tenable -- especially in Nations that get plenty of solar radiation.
From seawater desalination plants powered by solar power, make water and hydrogen, then hydrogen is stored and used in hydrogen engines to make power. Green win/win
Somalia has everythingCapital can be acquired if we make the country safe and secure. It's already relatively easy to do business here. There's a lot of interest in Somalia. What tends to hamper us is hat foreign investors don't feel safe. No strong central government, no overall proper rule of law, militants running amok... but solving this in itself requires much capital.![]()
Somalia has everything
Somalia could even be richer dubai, japan and singapore
it's just we got dumb leader who are asking western for help instead doing it themselves.
we could've been dubaibut we're fighting each other
He is one of many, he was talking about a breakthrough in technology of processing, but it’s true that that you can produce hydrogen gas in large number if you have a lot of energy. UAE is working to become a large producer of hydrogen gas and export that to EU.Take anything that guy shares with a borso of cusbo:
the problem is that somalia needs hundreds of millions to fund an army. and somalia specifically the south (and parts of somali galbeed) need an army similar to the size of egypt. because its a mixture of anarchists and traitors.Capital can be acquired if we make the country safe and secure. It's already relatively easy to do business here. There's a lot of interest in Somalia. What tends to hamper us is hat foreign investors don't feel safe. No strong central government, no overall proper rule of law, militants running amok... but solving this in itself requires much capital.![]()
Singapore is 733.1 km2 and the strategic location of the island, just suspended in the Malacca Strait that guarantees the control on 40% of trading passes. Places like Singapore, Hong Kong, Luxembourg etc they are trading cities sitting next to massive countries. Cities are in general wealthier than the countryside. If Mumbai and Shanghai were counted as independent countries, they have a higher GDP than Singapore and Hong Kong compressed in a comparable geographic area.Somalia has everything
Somalia could even be richer dubai, japan and singapore
it's just we got dumb leader who are asking western for help instead doing it themselves.
we could've been dubaibut we're fighting each other
They are Chinese so they must be smart argumentSingapore is 733.1 km2 and the strategic location of the island, just suspended in the Malacca Strait that guarantees the control on 40% of trading passes. Places like Singapore, Hong Kong, Luxembourg etc they are trading cities sitting next to massive countries. Cities are in general wealthier than the countryside. If Mumbai and Shanghai were counted as independent countries, they have a higher GDP than Singapore and Hong Kong compressed in a comparable geographic area.
Singapore is nominally Chinese and the Chinese are naturally smarter than any other group of humans. They were always going to be rich as long as it had stability.
They are Chinese so they must be smart argument![]()