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Search
  • The Somali Wire 411
  • The Ethiopian Cable 31
  • The Horn Edition 31
Archive
Filter by tags
Somalia (43) Al Shabaab (37) Villa Somalia (32) Hassan Sheikh Mohamud (25) Farmaajo (24) Somalia politics (17) Puntland (17) Mogadishu (16) Ethiopia (16) Somalia elections (15) Somaliland (13) Somalia political crisis (13) Jubaland (10) Somalia crisis (8) Somali politics (8) NISA (8) Fahad Yasin (8) AUSSOM (7) Mohamed Hussein Roble (7) Abiy Ahmed (7) Somali opposition (7) Somalia security (7) Tigray (7) Eritrea (7) Kenya (7) Sudan (6) SSC-Khaatumo (6) African Union (6) Somalia drought crisis (6) Somali elections (6) TPLF (6) Amhara (6) Horn of Africa (6) Addis (6) USAID (5) Nairobi (5) OLA (5) HSM (5) Horn of Africa geopolitics (5) Somali culture (5) Somalia elections 2022 (5) South Sudan (5) Politics (5) Humanitarian (4) Somalia elections 2021 (4) Kenya Somalia relations (4) Conflict (4) US (4) Healthcare (4) China (4) Somali National Army (4) Somalia humanitarian crisis (4) PM Roble (4) Tigray Peoples Liberation Front (4) Federalism (4) Oromo Liberation Army (4) History (4) Poetry (4) Disarmament (3) Fano (3) Federal Government (3) Women (3) Security (3) OPOV (3) GERD (3) Elections (3) Fighting (3) RSF (3) Qatar (3) Gulf (3) Mogadishu bombing 2022 (3) Somali security forces (3) National Salvation Forum (3) Troop Contributing Countries (3) Villa Somalia crisis (3) Mogadishu unrest (3) Somalia electoral crisis (3) Laas Aanood (3) Turkey Somalia relations (3) Mohammed Roble (3) Diaspora (3) Madoobe (3) Oromo Liberation Front (3) OLF (3) Oromo (3) Awdheegle (3) UPDF (3) SNA (3) Operation Silent Storm (3) Horn of Africa drought (3) Economy (3) NCC (3) Ethiopia Somalia relations (3) UN (3) ISS (3) Hawiye (3) UAE (3) Oromia (3)
  • Published March 4, 2022

    Across the Horn of Africa and beyond, Somalis are redefining economic resilience. Without state subsidies or robust institutional support, Somali entrepreneurs have built thriving enterprises, powering regional growth and lifting millions from poverty. In Somaliland and Somalia, the private sector accounts for the vast majority of GDP, while Somali-owned businesses are making significant inroads into East and Southern Africa. From multi-million-dollar property investments in Kampala to cross-border trade in Kenya, Somalia’s “nation of shopkeepers” ethos has created a transnational economic network. Rooted in a tradition of trade, migration, and adaptability, Somali business success stems from trust-based networks, resource pooling, and a focus on ethical commerce. This collectivist model lowers costs, fosters innovation, and transcends clan divisions. Somali companies are now key players in petroleum, agriculture, retail, and telecommunications, often engaging in corporate social responsibility initiatives that benefit communities.

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