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I have actually explained it before its mostly Somalis who have transnational businesses where they set up international offices or export hubs in Dubai/UAE that is then tied to their businesses based in Somalia/PL/SL
Three men from Gabiley find 3 kilos of Gold in Sanaag mountains
Sanaag has around 30 billion $ worth in gold and hundreds of billions worth in other mineral resources These men made 100k$ each in one daywww.somalispot.com
Not only is most of the gold trade controlled by Somalis which involves the locals but they also reinvest the profit they make from the trade into building refineries, equipments and mining plants in the area.
Puntland Authorities Urge Locals to Invest in Gold Mining - Somali News today Live
Puntland’s decision to legalize gold mining marks a significant development in the region’s economic landscape. By opening up this sector, the government aims to attract local investors to participate in mining activities and capitalize on the mineral wealth, particularly in the resource-rich...www.ftlsomalia.com
Here
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Asawira Resources - Gold mining in Somaliland and Puntland
Your gateway to investment and partnership in Somaliland and Puntland's promising gold belts. Discover active operations, flexible investment models, and expert licensing services.asawira.so
They even set up a mining and gold laboratory exploration center in Puntland: