A New Somali state of Mind

[General Duke]

Quadron Investment Co. Ltd

 

 

 

The company owns prime land in different parts of Khartoum and has developed one of these plots as 34 grade "A" apartments, and 18 Parking spots in the basement. The developed one is in the commercial/residential area of Emmarat, and it is near the prestigious Saudi Arabian embassy (key to be turned to the buyers in February-March 2009).

 

Quadron is also managing an agricultural project which is a multi-purpose farm of 150 Feddans for one of its shareholders.

 

•Distinctive location with a quality building speciations

•Airconditioning System (Split & Window)

•Specially designed Aluminum Kitchen Cupboard Granite Counter-Built-In Oven- cooker and Microwave

•Porcelain tiles for rooms, saloon and hall

•Ceramic Tiles for bathrooms, kitchen floors and walls

•Stainless steel hand rail for stairs and balconies

•Granite main entrance floor, staircase steps and lift walls

•Aluminum windows

•Natural timber solid wood doors

•Fire alarm system and fire fighting system

•Internet Points

•Automatic Stand by generator. Set-500kva (Lighting, Elevator & Air conditioning)

•Two modern elevators (8) Persons Capacity

•Satellite Receivers System

•24 Hours Security

•CCTV System

•Inter-Call System With Video and Telephone

•Bathroom heating

•Lightning Protection System

 

http://quadronsd.com/alsafwa_faq.php

[General Duke]

Dr Ismail Ahmed - CEO And Founder of WorldRemit Money Transfer

 

Ismail has more than 20 years' experience in international remittances as an academic researcher, compliance adviser for the United Nations and consultant for leading money transfer companies in the Horn of Africa corridor. He has an MSc with distinction, a PhD in economics from the University of London and an Executive MBA from London Business School.

[General Duke]

 

Bluebird Aviation Limited is a locally registered Kenyan aircharter company based at Wilson Airport, Nairobi. The company was incorporated in 1992. It is fully licenced to operate scheduled, non-scheduled and adhoc air charter services for passengers, cargo, medical evacuation and relief services within the East and Central African region with special emphasis on Eastern Africa.

 

The company’s chairman is Col. (Rtd) H.A. Farah, who is a 25 year veteran of the Kenyan Air force. Its three original co founders, all Kenyans, hold directorships within the company with some of them being retired Kenya Military Pilots who have a wide and varied experience of flying in the whole region.

 

The company is an active member of the Kenya Association of Air Operators, an umbrella body that champions the interests of aviation players in Kenya. -Source

[General Duke]

Tanzania..

 

Tansoma Hotel - Dar es Salaam, Tanzania

 

Oceanic Bay Hotel - Bagamoyo, Tanzania

 

http://www.paradiseresort.net/images/pic_8_big.jpg[/g]

Paradise Holiday Resort - Bagamoyo, Tanzania

[Somalina]

I love the "go big or go home" attitude of the Somali people. The Jews, the Lebanese and the Chinese better watch out now!. Somalis are coming!

[General Duke]

African Express Airways is the second fully Kenyan designated airline to over 30 countries in four continents. The airline is largest and oldest privately owned in East Africa based at Jomo Kenyatta International Airport in Nairobi. African Express Airways is profitable, growing and short-haul airline which targets business and leisure travelers, and operates a daily departure from Nairobi. The airline has a fleet of aircrafts, and has been updating with Boeing’s modern, environmentally friendly regional jets.

[General Duke]

[Libaax-Sankataabte]

Amazing stuff. Thanks for the pics ya Duke.

 

Somalis know business very well.

[General Duke]

Somali Investment in Kenya, Chathanhouse

[General Duke]

Somali Global Business Models

 

Two Somali diaspora business ‘models’ have developed in the shadow of globalisation and the aftermath of the collapse of the Somali economy.

 

The first is licit and involves a global trading system controlled and operated by the Somali diaspora (in East Africa, the East and the West). Based on a clan honour system and driven by collective interest, it has managed to replicate the immediacy of global capital movement through its own money transfer system – hawala.

 

Mostly as a result of the efficiency of the hawala system (mimicking the Pakistani/South Asian model), the Somali community has managed to establish a vast global trade network. Originally conceived to deliver khat to outlying diaspora communities in Europe and the United States, this trading system has evolved, over the last decade into an almost purely mercantile network that now delivers textiles and electronics (both real and counterfeit).

 

As a further consolidation, members of the community have also set up a seaport clearing and forwarding network that once again sits in the shadow of established shipping networks. Walking the line between licit and illicit; this network thrives on port corruption to deliver goods cheaply and efficiently.

 

As a result, over the past decade the Somali business community has become the foremost entrepreneurs in the East African region. Having supplanted the Asian community as the predominant East African traders, Somali capital has of late diversified into real estate and the hospitality industry.

 

These essentially legitimate activities have gentrified a pastoralist community long considered (by both the colonial and independence establishments) as rebel outsiders.

 

Within this context, the spectre of ‘Somali piracy’ emerges as a disjuncture. In much the same way that Somali nationalism of the pre-independence and immediate post-independence era existed within official discourse, ‘Somali piracy’ asserts itself as a disruptive idea, much misunderstood for all its nomadic underpinnings and therefore instinctively rejected.

 

Like Somali nationalism, Somali piracy, has once again produced regionally disruptive outcomes, threatening the very global economy embraced and mastered by the legitimate Somali trading system.

 

We assess the effects of the breakdown of the Somali state; examine the inner workings of the Somali diaspora economy; and compare and contrast the two radically different Somali global business models.

[Som@li]

Business is in our blood, Great pics!

[AfricaOwn]

Very interesting. A lot of those companies I see can be easily swallowed by corporate raiders. They're surviving because of the unique markets they operate from.

[General Duke]

There are thousands of Somali owned business that have emerged in East Africa & the Middle East. The new centers of Somali power are now Dubai & Nairobi..

[General Duke]

Somalis cash in on Dubai boom

Daniel Dickinson

BBC, Dubai

 

 

 

A modern city at an ancient trading crossroads

Skyscrapers reach high into the desert sky, while sailing dhows ply the Gulf trading with countries as they have for hundreds of years.

Dubai is a boom-time city full of contrasts.

 

Ancient souks or markets crowd the streets of the city centre while all around is the noise of building sites, where new shopping malls and office blocks are being put up at a dizzying rate.

 

Although Dubai has a little oil, its wealth has been largely built on its emergence as a duty-free trading centre for the Middle East and Africa.

 

Somalia has no security, no bank facilities, there is no central government - that's why more Somali businesses are running their operations from Dubai

 

Osman Abdi Hassan, airline boss

Because the indigenous population is so small, expatriates and especially African expatriates have played a major role.

 

The largest African community in Dubai is the Somalis, driven out of their home by years of unrest.

 

Somali businesses line the streets of the city centre, Deira; internet cafes, hotels, coffee shops, restaurant and import-export businesses are testimony to the Somalis' entrepreneurial spirit.

 

Star African Air is one of three Somali-owned airlines which have headquarters in Dubai rather than in Somalia.

[General Duke]

Forget piracy, Somalia's whole 'global' economy is booming - to Kenya's benefit

Regardless, analysis of the pirate economy indicates a minority share of the profits is available for outside investment — at the most $40 million of the approximately $100 million in ransoms paid over the past two years.

 

There are more robust income streams feeding the river of Somali capital.

 

Kenyan Somalis have distinguished themselves in high-income professions and the private sector. Somali transporters and traders operate across a region spanning the Congo, Southern Sudan, the Horn, and Southern Africa.

 

Many thousands of Somalis are employed and running businesses in the diaspora. Only the Iranians export more goods from Dubai.

 

...........................The failure of clan politics in the homeland highlights the reinvigorated socio-economic role of Somali segmentary lineages.

 

Traditional social organisation allows Somalis in Africa and abroad to pool their financial resources. These contemporary factors and traditional pastoralist resilience, mobility, and risk-taking — not pirates and banditry — go a long way towards explaining the dynamics of Somali capitalism.

 

Much of the capital is finding its way into Kenya — which has over time evolved a more adaptive and mutually beneficial strategy for domesticating the threat of Somali irredentism.

 

Economic activity appears more feverish with each passing month, but Eastleigh’s shopping malls are a monoculture of stalls and small shops selling the same clothes, electronics, household goods, cosmetics, and groceries.

 

While the regional wholesale trade helps boost the bottom line, commerce alone cannot account for the Garissa Lodge model’s vigour.

 

Even a biased report such as the one above from Nairobi based newspaper, can not hide the fact that the Somali's are on the rise.