Formaggio has agreed with Ethiopia that it will invest in four ports in so-called 'Somalia'. These are Berbera, Bosaso, Mogadishu and Kismayo. This is actually in Somaliland's interest. Imma break it down for ya'll.
Interestingly we all know that Formaggio doesn't control Berbera or Somaliland. Nor can he or anyone in his so-called government visit it, let alone arrange investments in it. He is a figurehead with no real power in real terms. But he has to keep up the charade and pretence. For example that he is a President runs a 'government' in 'Somalia'. That he controls all of 'Somalia' etc. Never mind that he is protected by 25,000 Amisom troops from African countries. Without them he is nothing.
But let's get back to the deal. This deal is actually in Somaliland's benefit.
1. It shows Formaggio's continued undermining of Somaliland and interference in its affairs. He continues trying to undermine the democratically elected Somaliland government. But it will only shoot him in the foot. It will continue to set Somalilanders against the so-called federal government of Somalia. Somaliland will continue is hostile approach to Somalia and secure its buffer zone. This is in Somaliland's interest and will help continue uniting the people of Somaliland against Somalia's agression and interference.
2. It will legitimise Ethiopia's use of Berbera, now the Farmaggio has given his symbolic approval. This means that the UAE-Somaliland-Ethiopia tripartite deal can go ahead full steam and that the 'federal government of Somalia' cannot object anymore. This means that both UAE and Ethiopia as partners to Somaliland Berbera investment are protected from court cases and objections by the so-called Federal Government of 'Somalia'.
3. There won't be any genuine investment in Mogadishu, Bosaso or Kismaayo from Ethiopia. This is because Ethiopia is going through an economic and currency crises. They are desperate for money to flow into Ethiopia. They are having to stop imports and shut down factories across Ethiopia because of the currency crises. This is why Abiy their new PM has been going around the world with his begging bowl. Ethiopia is in no position to invest in 4 ports, let alone in high-risk capital-intensive investments such as South Somalia. Abiy said this himself a few days ago. Look at the below link. They begged the UAE for help and they are lending them 3bn USD which they are depositing in the Ethiopia central bank to help with emergency cash flow. Formaggio is forever rushing to conclusions without doing his homework. Ethiopia is in no state to invest in anything, let alone multi billion dollar port projects. But in the Berbera port deal, UAE is investing the hard capital required.
https://www.reuters.com/article/eth...age-will-last-years-new-premier-idUSL8N1RT61K
https://www.middleeastmonitor.com/20180616-uae-to-give-ethiopia-3-billion-in-aid-and-investments/
4. Ethiopia has signed lots of port deals. With Sudan, with Somaliland, with Djibouti, with Kenya. Now there are supposedly 4 additional port deals in 'Somalia'. Does Ethiopia as a poor African country really have the hundreds of billions of dollars required to develop 6+ ports and all the associated infrastructure such as roads, lorry parks, warehouses, power? No, of course not. Ethiopia would need foreign support from 3rd parties capable of capital investments. In Sudan it has the Sudanese government. In Djibobuti it has China. In Somaliland it has UAE. In Kenya there is the Kenyan government + AfDB. Who in their right mind would invest 10bn USD in south Somalia? Of all the port projects that Ethiopia has agreed to part-take in, the only ones to start are those with foreign backing. And Somaliland has started in earnest. The closes ports to Ethiopia's population centres are Djibouti and Berbera. The rest are thousands of miles away. You can't argue with facts and geography. Berbera and Djibouti are best located and have foreign backing from UAE + China. Somaliland also has security and geographic interests with UAE being close to Arabian Peninsula - South Somalia doesn't. This is why UAE will continue supporting Somaliland and why Ethiopia will have no choice but to use Berbera in the long term future.
https://www.reuters.com/article/us-...in-sudans-main-sea-gateway-port-idUSKBN1I41R1
5. The ports mentioned in this agreement have already been contracted out. They are already controlled by others. Mogadishu port, airport and hospitals are firmly in the control of Turkey which is milking $$$ from them. Kismaayo is similarly controlled by Kenya. Boosaaso by Puntland. They will not give it up. The Kenyan military is known to run commodities and charoal smuggling racket out of Kismaayo port. Turkey, Kenya, Puntland all have a good thing going. Why would they relinquish their power and money sources to illiterate Formaggio? C'mon now. Farmaggio is acting rash and foolishly without looking at real power and control, rather than paper power and control. Formaggio does not have the real power to direct these investments, it's just talk.
:siilaanyolaugh:
https://www.economist.com/middle-ea...sugar-smuggling-racket-with-somali-terrorists
Overall Farmaggio's deal with Ethiopia therefore serves Ethiopia's and Somaliland's interests. It does nothing for Somalia. Farmaggio has been played like a primary school kid. Somaliland + Ethiopia + UAE have played a blinder here. It legitimises the port investment deal in Berbera. It puts the Somaliland people and government against Somalia, to continue a hostile approach forever. It ensures that the so called Federal Govenment cannot object to the Berbera port investment anymore. Meanwhile Farmaggio's government gets nothing out of it. We got Formaggio good. This is a great day for Somaliland. We keep winning with God's grace.
:siilaanyosmile:
Interestingly we all know that Formaggio doesn't control Berbera or Somaliland. Nor can he or anyone in his so-called government visit it, let alone arrange investments in it. He is a figurehead with no real power in real terms. But he has to keep up the charade and pretence. For example that he is a President runs a 'government' in 'Somalia'. That he controls all of 'Somalia' etc. Never mind that he is protected by 25,000 Amisom troops from African countries. Without them he is nothing.
But let's get back to the deal. This deal is actually in Somaliland's benefit.
1. It shows Formaggio's continued undermining of Somaliland and interference in its affairs. He continues trying to undermine the democratically elected Somaliland government. But it will only shoot him in the foot. It will continue to set Somalilanders against the so-called federal government of Somalia. Somaliland will continue is hostile approach to Somalia and secure its buffer zone. This is in Somaliland's interest and will help continue uniting the people of Somaliland against Somalia's agression and interference.
2. It will legitimise Ethiopia's use of Berbera, now the Farmaggio has given his symbolic approval. This means that the UAE-Somaliland-Ethiopia tripartite deal can go ahead full steam and that the 'federal government of Somalia' cannot object anymore. This means that both UAE and Ethiopia as partners to Somaliland Berbera investment are protected from court cases and objections by the so-called Federal Government of 'Somalia'.
3. There won't be any genuine investment in Mogadishu, Bosaso or Kismaayo from Ethiopia. This is because Ethiopia is going through an economic and currency crises. They are desperate for money to flow into Ethiopia. They are having to stop imports and shut down factories across Ethiopia because of the currency crises. This is why Abiy their new PM has been going around the world with his begging bowl. Ethiopia is in no position to invest in 4 ports, let alone in high-risk capital-intensive investments such as South Somalia. Abiy said this himself a few days ago. Look at the below link. They begged the UAE for help and they are lending them 3bn USD which they are depositing in the Ethiopia central bank to help with emergency cash flow. Formaggio is forever rushing to conclusions without doing his homework. Ethiopia is in no state to invest in anything, let alone multi billion dollar port projects. But in the Berbera port deal, UAE is investing the hard capital required.
https://www.reuters.com/article/eth...age-will-last-years-new-premier-idUSL8N1RT61K
https://www.middleeastmonitor.com/20180616-uae-to-give-ethiopia-3-billion-in-aid-and-investments/
4. Ethiopia has signed lots of port deals. With Sudan, with Somaliland, with Djibouti, with Kenya. Now there are supposedly 4 additional port deals in 'Somalia'. Does Ethiopia as a poor African country really have the hundreds of billions of dollars required to develop 6+ ports and all the associated infrastructure such as roads, lorry parks, warehouses, power? No, of course not. Ethiopia would need foreign support from 3rd parties capable of capital investments. In Sudan it has the Sudanese government. In Djibobuti it has China. In Somaliland it has UAE. In Kenya there is the Kenyan government + AfDB. Who in their right mind would invest 10bn USD in south Somalia? Of all the port projects that Ethiopia has agreed to part-take in, the only ones to start are those with foreign backing. And Somaliland has started in earnest. The closes ports to Ethiopia's population centres are Djibouti and Berbera. The rest are thousands of miles away. You can't argue with facts and geography. Berbera and Djibouti are best located and have foreign backing from UAE + China. Somaliland also has security and geographic interests with UAE being close to Arabian Peninsula - South Somalia doesn't. This is why UAE will continue supporting Somaliland and why Ethiopia will have no choice but to use Berbera in the long term future.
https://www.reuters.com/article/us-...in-sudans-main-sea-gateway-port-idUSKBN1I41R1
5. The ports mentioned in this agreement have already been contracted out. They are already controlled by others. Mogadishu port, airport and hospitals are firmly in the control of Turkey which is milking $$$ from them. Kismaayo is similarly controlled by Kenya. Boosaaso by Puntland. They will not give it up. The Kenyan military is known to run commodities and charoal smuggling racket out of Kismaayo port. Turkey, Kenya, Puntland all have a good thing going. Why would they relinquish their power and money sources to illiterate Formaggio? C'mon now. Farmaggio is acting rash and foolishly without looking at real power and control, rather than paper power and control. Formaggio does not have the real power to direct these investments, it's just talk.
:siilaanyolaugh:
https://www.economist.com/middle-ea...sugar-smuggling-racket-with-somali-terrorists
Overall Farmaggio's deal with Ethiopia therefore serves Ethiopia's and Somaliland's interests. It does nothing for Somalia. Farmaggio has been played like a primary school kid. Somaliland + Ethiopia + UAE have played a blinder here. It legitimises the port investment deal in Berbera. It puts the Somaliland people and government against Somalia, to continue a hostile approach forever. It ensures that the so called Federal Govenment cannot object to the Berbera port investment anymore. Meanwhile Farmaggio's government gets nothing out of it. We got Formaggio good. This is a great day for Somaliland. We keep winning with God's grace.
:siilaanyosmile:
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