Why is Djibouti allergic to Investments

[johnsepei5]

I want to know exactly what IOG did to lose so much Somali investments to neighboring Kenya,were the taxes to high?

 

[bidenkulaha]

Population. Djibouti is very small compared to Kenya

 

[SPMLegend]

The more open investment pouring in the less influence & control the regime has! That’s why everything is monetized and privately owned.

 

[Ximan iyo Xadeed]

I want to know exactly what IOG did to lose so much Somali investments to neighboring Kenya,were the taxes to high?

They really fumbled the bag.


Compare it to Kenya's progressive policy and you see that Nairobi is the preferred investment capital for Somalis, even Cagjar saw the potential of pan-Somali investors and have made it easier for non-DDS diaspora/Somalis to start businesses in Jigjiga.

 

[SilentE1001]

I want to know exactly what IOG did to lose so much Somali investments to neighboring Kenya,were the taxes to high?

everyone that wants to invest in djibouti must give a percentage of the company to him reason why alot of them have moved into Somaliland most prolific is the guy that brough CoCa Cola to Somaliland. all his business in Djibouti has been seized as Guelleh wanted a percent of his Somaliland businesses as well then tried getting Bixi to deport him to djibouti, thanks to all those rear awdal mps and politician who made sure that didn't happen.

but for him unfortunately he can't currently go to djibouti and all his business has been taken over by one of Guellehs son

 

[johnsepei5]

They really fumbled the bag.


Compare it to Kenya's progressive policy and you see that Nairobi is the preferred investment capital for Somalis, even Cagjar saw the potential of pan-Somali investors and have made it easier for non-DDS diaspora/Somalis to start businesses in Jigjiga.

Inshallah Somalis start investing in jigjiga,there’s too many of us in Nairobi and it’s embarrassing makes us look landless if Somalia is not an option then look for other somali places