Tuesday, August 30, 2005

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Somalia: Blackhawks down, Profits UP

"Relative peace has returned to Somalia, and so have the businessmen eyeing its oil, gas and mineral deposits. This follows a painstaking peace deal that was facilitated by Kenya, and which included hosting the Somali Government in Nairobi for one year.

"The price of peace has been enormous for Kenya, which had to foot a huge bill, not to mention hosting thousands of Somalia's displaced people. As happened in Sudan - which Kenya also helped bring back on the path of peace - business opportunities are opening up in Somalia, but Kenyan businesspeople have yet to take note.

"Besides lucrative oil or mineral deals, Somalia's reconstruction process will involve paving roads and rehabilitating buildings destroyed in the 14-year civil war."

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