Hutu should pay for all of Somalia's debts before formal disintegration in which Hawiye are only given Mogadishu and Galmudug (aka xafada Baraxleey). We Somalis should not be paying for Hawiye corruption, their cambuulo, their wasted money on fake jihads, their intra-clan wars...we should not be billing their fat warlords' pockets. 95% of Somalia's debt as it stands today went in the pockets of Hawiye warlords and their jihadists sheikhs.Somalia fund aims to ‘rebuild a nation’
By Steve Johnson
A UK private equity and commodity trading boutique is seeking to raise a $1bn fund to invest in Somalia and neighbouring states such as Kenya and Malawi.
London-based DVK said it was already negotiating deals to supply foods such as rice, flour and edible oils to Somalia, which is slowly emerging from two decades of turmoil, with part-payment in agricultural land that the fund can cultivate.
It is also looking at public-private partnerships to build roads, bridges, hospitals and schools, and opportunities to supply trucks as well as fund cargo aviation.
“It is about rebuilding an entire nation,” said Deepak Kuntawala, founder of DVK, which currently manages $340m in agriculture and real estate funds.
He said the Luxembourg-domiciled, sharia-compliant DVK Africa Development fund had already received $330m of pledges. “There are massive investment opportunities [in Somalia]. People are fighting to get in,” added Mr Kuntawala, who said that at an international aid conference in London earlier this month Hassan Sheikh Mohamud, the Somali president, was besieged by 200 business people.
DVK is also creating a separate East Africa Core Development fund, aimed more at private investors, particularly from the east African diaspora.
No Somali son should pay for that that's why formal disintegration is must in which we isolate Hawiye and write off Somalia's debt in their Hutu name.
We will wait and see who Hawiye wastes Somalia's money on next. So far they spending billions in the name of Somalia on fake Jihad, warlords, luxury, Ugandans, Burundis, Nigerians, Indians, etc, etc. They won't even send $2000 for Jubbaland's conference. Somalis must not tolerate them anymore.
Its time all Somalis demanded that their foreign aid be delivered directly to their autonomous rulers and coffers and no more Somalia until Hawiye forms his own autonomous state which includes Mogadishu and Baraxleey.