Mr Yusef says potential profits are higher in Somaliland than London
“How are you going to make money in a country that doesn’t even exist?” That was probably the question that many people had at the back of their minds when Mohammed Yusef told them he would invest in Somaliland. Others perhaps did not even know Somaliland had declared independence from Somalia in 1991 and that, in spite of not having been recognised internationally, it does have – unlike Somalia – a working political system and a strong business sector.
Specialists in Gulf oil politics, such as veteran journalist Sol Sanders, also recognize that Iran’s limited but growing role in East African states like Sudan and Somalia is part of a much larger strategy to gradually encircle the prime target in the region — Saudi Arabia — with a web of regional alliances and covert military operations.
November 1st, 2011 ? News ? Edit Comments Off
CAPE TOWN (Reuters) – The break-away territory of Somaliland is open for hydrocarbon business and has a message for investors worried by its rough neighborhood: this is not Somalia and pirates here go to jail.
Hussein Abdi Dualeh, the minister of energy and mining, said it was unfair to lump Somaliland with lawless Somalia, where pirates have captured oil tankers and headlines.
“We have no navy to speak of but what deters pirates is the prison sentences they get, 25 years or more. We have been successful in catching them with limited resources,” Dualeh told Reuters on the sidelines of an African oil conference.
Recognizing Somaliland
by Dr. Adityanjee
http://www.boloji.com/index.cfm?md=Content&sd=Articles&ArticleID=11553
India made history when she liberated and recognized the Republic of Bangladesh despite fierce international opposition from some of the cold-war superpowers.
Since September 6th when a two and a half a day long conference known as the High Level Consultative Meeting was concluded in Mogadishu, the name that has been dominating the Somali political discourse was the Road Map- the byproduct of said meeting. Or, the document endorsed by the participants as the prerequisite for Somalia to emerge out of its transitional status.
By Sophie Quinton
Updated: September 15, 2011 | 3:15 p.m.
September 15, 2011 | 2:09 p.m.
The West has proven a valuable source of democracy-building and development aid for Somaliland, a blink-and-you’ll-miss-it republic in northern Africa. But it is China that has been willing to gamble big on the economic-development projects it needs most.
“When you talk about infrastructure development,
Tannock renews call for Somaliland independence at meeting with Ethiopian Prime Minister
Last Modified: Fri 02nd Sep,2011
The Republican
Release: immediate
Released by: Dr Charles Tannock MEP
Contact: +32 228 45870
1st September 2011 — Ethiopia should take the lead and declare Somaliland – the former British protectorate breakaway region within the state of Somalia – an independent sovereign state, Charles Tannock MEP, European Conservatives and Reformists group foreign affairs spokesman, said today at a meeting in Addis Ababa with Ethiopian Prime Minister Meles Zenawi.
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August 17, 2011 – Somaliland, Ethiopia, and China are likely to sign trilateral agreements in the coming days. The deals are likely to be on oil, gas, and logistics. To take matters further, Somaliland President Ahmed M. Silanyo arrived in China for bilateral talks.
