KUDOS to Lander innovators

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WaaliCas
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KUDOS to Lander innovators

Post by WaaliCas »

Some western countries are trying to force us to use their system and trying hard to make us reliant on their institutions such as Western Union by targeting our hawala (noticed I said hawala, hence singular). However, even with Kenya's help, it has and will have little impact on us thanks to our innovating Landers.

While the current measures may take few dollars from the pockets of the likes of Dahabshiil, it will not change anything in Somaliland thanks to WorldRemit and our boy from Gabiley, Dr. Ahmed Ismail.

Today you can send your money to your family with the click of a button. It is far better than Dahabshiil. I can do it while I am watching the latest NBA game or fadhi ku dirir between Irro and Silanyo.

https://www.worldremit.com/en/somaliland

WR does not do business in Somalia and I don't blame them. All these time they left no stone unturned to get Dahabshiil banned by foreign agents and looks like today that has backfired on them.

The Landers are always trying to build bridges while the Wanlawein are busy burning them. That's the difference and that's why today we can sit back and relax. No Fufu on top of our ladies. No Turks feeding our babies and no Sanweyne blockading our bariis in Nairobi.

We don't give a damn if Kenya blocks them all permanently.

Dahabshiil should finally review its business in Somalia and pull the plug on it. Just being associated alone can have them blacklisted for decades. If I was them I would abandon Mogadishu and reinvest that money in Ethiopia's thriving tourism industry by building a luxury resort(s) in Hawassa or the booming Rwandan market.

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Just look at Hawassa and you have Landers with money chasing flies and UN suitcases dotted with suicide bombs in Mogadishu

:blessed:

Some Landers such as Dahabshiil still do things how they used to do in 1970s and still deal with the same people. It's time they ventured out off their comfort zones and restructured their business. There are far more promising markets in Africa than the aid and UN-money dependant Mogadishu that comes with far more problems than rewards. Look now the Dahabshiil brand is stained. It has appeared next to the rest of hawalas under the headline "Kenya freezes key money transfers to Somalia after university terror attack". It is going to take years of PR and rebranding to undo the damage.

Any Lander that wants to do well for himself should always steer his business away from Somalia especially Mogadishu otherwise ride their unpredictable wave of instability, blacklisting, isolation, stigma and fear that is all associated with them.

Tonight I can say my friend Abdulrashid Mohamed Said Duale is probably sleepless because I know how much his brand and good name means to him. The fact that his brand appear under such headline is enough for him to loss sleep many nights. I know him. It is time for him to pullout and tell his franchisees he no longer wants association. Some times we make tough business decisions.

By the time Dahabshiil gets its ban lifted, more than half of its youthful clients have already discovered a more innovative and faster way to send money. The old generation it relied on since 1970s is no longer the working class and very few of them remain. Just ask adeero Silanyo.


RIP Dahabshiil...for now and jombo WorldRemit.



:up: :sland:

WaaliCas ~ the Isaaq not afraid of putting things into perspective. I go where others are afraid to go. I say what others are shy from saying. But in all of this I don't care who I burn in the process of looking out for the family's interest. I don't run no charity and so need no CNN hero vote.
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Re: KUDOS to Lander innovators

Post by Thuganomics »

Oo kaaley ma Jibriil Abokor baa leh World Remit

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Re: KUDOS to Lander innovators

Post by WaaliCas »

^^Yeah he is your cousin.
Ismail Ahmed is the CEO of WorldRemit, a multi-million dollar company on a journey to reinvent money remittances globally, and drive mobile money technology in Africa. In this exclusive interview with Africa-OnTheRise below, he talks about a recent $100 million investment from TCV and his plan to drive business growth in Africa.

Nice to meet you Mr. Ismail Ahmed. So we know you are the Founder and CEO of WorldRemit, but can you tell Africa who you are and what your story is really?

Great to meet you, too. I grew up in Hargeisa in Somaliland where I worked on an agricultural development project financed by the World Bank. I came to the United Kingdom on a World Bank scholarship to study economics at the University of London. I then worked as an academic researcher at the Institute of Development Studies (University of Sussex) before joining the United Nations Development Programme on remittances. My work at the UN ultimately inspired me to set up my own online money transfer business.
He was born in Gabiley tho. Khalid Ali knows him.
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Re: KUDOS to Lander innovators

Post by Thuganomics »

He's you cousin too.As the Somalis say "Habeen uun baan kaa xigaa,Sahangalbeed Samtr,lancer and jalaaludin5 baa rer Gabiley ah
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Re: KUDOS to Lander innovators

Post by theyuusuf143 »

worldremit is world's best cheapest and fastest money transfer company. it really changed my whole life. I can go to any where I want and send my money to my self and family back home withing minutes.
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Re: KUDOS to Lander innovators

Post by Lancer »

The guy has just received $100 millions dollars in funding for his company just two months ago and the company is estimated to be worth more than $500 million dollars. :o
http://techcrunch.com/2015/02/17/worldremit/

It is still relatively small and hasn't reached every country in the world including the US which is huge market
so it has potential to grow.I can see it suprassing MoneyGram or WesternUnion by the end of the decade
at the rate it's growing. :up:

Dahabshiil had a huge chance to expand their market instead of relying only on Somali remittances when they
were ahead of the game. Businesses have no borders in this day and age, you go where the money leads you. :lol:

A son of :sland: :up:
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Re: KUDOS to Lander innovators

Post by Rambie »

lol so world remit is owned by HA!
Mashallah Duriyada :up:

Last time I checked the value of Dahabshiil was one billion $
Sadly, Dahabshiil is in decline, it needs serious renewal strategies and
Entering other industries.

Why don't the HA invest in Berbera?
It has one of the worlds largest reserves of gypsum
Image


Western Sanaag seem to have commercial quantities
Of rare minerals. Why don't Dahabshiil invest there too?

So many opportunities back home, very few people realize that. :snoop:
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Re: KUDOS to Lander innovators

Post by LiquidHYDROGEN »

Rambie wrote:lol so world remit is owned by HA!
Mashallah Duriyada :up:

Last time I checked the value of Dahabshiil was one billion $
Sadly, Dahabshiil is in decline, it needs serious renewal strategies and
Entering other industries.

Why don't the HA invest in Berbera?
It has one of the worlds largest reserves of gypsum
Image


Western Sanaag seem to have commercial quantities
Of rare minerals. Why don't Dahabshiil invest there too?

So many opportunities back home, very few people realize that. :snoop:
Corruption, lack of ambition, lack of iniative, scared of risks etc. There countless opportunities for Isaaq tycoons to make more money and develop the infrastructure of Somaliland as well. Instead of begging foreigners, we could've pooled our resources and created our own Oil comapny and invested geologists and petroleum engineers. We could've bought the oil-rigs/equipment cheap on the black market.
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Re: KUDOS to Lander innovators

Post by Thuganomics »

^
There's that HY geezer Mohamed Yusuf.(The one that invested in Wallace and Gromitt and other Hollywood movies)
He's doing all that and then some

Image
In 1999 he founded Invicta, a
private equity firm providing finance
for the media, commercial property
and renewable energy sectors which,
according to its website, has raised
over £1.4bn ($2.3bn) of investment
capital.According to him, the firm has
invested in mining, and oil and gas
exploration and is about to embark
on a $40m exploration programme in Somaliland
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Re: KUDOS to Lander innovators

Post by Rambie »

LiquidHYDROGEN wrote:
Rambie wrote:lol so world remit is owned by HA!
Mashallah Duriyada :up:

Last time I checked the value of Dahabshiil was one billion $
Sadly, Dahabshiil is in decline, it needs serious renewal strategies and
Entering other industries.

Why don't the HA invest in Berbera?
It has one of the worlds largest reserves of gypsum
Image


Western Sanaag seem to have commercial quantities
Of rare minerals. Why don't Dahabshiil invest there too?

So many opportunities back home, very few people realize that. :snoop:
Corruption, lack of ambition, lack of iniative, scared of risks etc. There countless opportunities for Isaaq tycoons to make more money and develop the infrastructure of Somaliland as well. Instead of begging foreigners, we could've pooled our resources and created our own Oil comapny and invested geologists and petroleum engineers. We could've bought the oil-rigs/equipment cheap on the black market.
Oil is a bit of stretch, it needs massive investments
and a long time to pay off.
Remember the last time a team from DNO went to explore
the oil near Bohol, Xudun? It was a Sacad Younis, Habar Younis militia
that sent them running back to Hargiesa.
We can't even persuade other Idoors to lets us dig for oil
let alone other Darood in Sool.

We have a long cost, maybe fishing industry in Saylac, Lughay Berbera, Xiis, Maydh or Waqdariya
I heard that fish factory in Laqoray was owned by an Isaaq is that true?

Nevertheless, investing in minerals seems promising in Sland
Just recently, they found a lot of beryl in Awdal.
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Re: KUDOS to Lander innovators

Post by Lancer »

That Mohamed Yusuf guy thug is talking about is also the CEO of Pontus Marine Ltd. a fishing company
http://www.pontusmarine.com/about-us
Here is a video of them in Berbera working on a site for their company just a month ago.

They could make Hundreds of millions in revenue if they fish with big ships and export around the world.




There is a lot of landers out there investing in their country but it is hard to find them.
Last edited by Lancer on Thu Apr 16, 2015 5:04 pm, edited 1 time in total.
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Re: KUDOS to Lander innovators

Post by LiquidHYDROGEN »

Oil production is actually cheaper than you think. It's the refining that costs a lot of money. Refineries come later, when we've made enough bank. We can also ask for AID money from Gulf arabs and UN to fund refineries.

You are right about fishing though. There are a lot of gems in Somaliland, particularly galbeedka.
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Re: KUDOS to Lander innovators

Post by Rambie »

Yh refinery is very expensive but it isn't
the only cost. There surveys ,digging and pumping equipments. Digging few wells till hitting the
right spot and making pipes all the way to Berbera, Kurdistan used to sell unrefined oil to Turkey
While discounting the cost of refinery during the transactions, its not a big deal if you have a standby
buyer.

Lets say,if we found oil in Oodwayne , Bohol or Holhol that's a lot of work to lay pipes from there
Not to mention the security risks especially in Holhol and east of Bohol.

This oil thing is a lie or just not achievable at the moment I've been hearing bout it since I
was born and here we are today on the same spot 20 years ago.
At least on the short term, there is no point of investing in oil, it's price at the present
is quite low even shale companies are laying off in hundreds.

Berbera has huge potential

1- Its located over two block of oil/gas.
2= It has a lot of gypsum, critical for a cement factory.
3-It has a deep port and a good base of fishing industry.

Perfect combo if you asked me. :ehh:
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Re: KUDOS to Lander innovators

Post by LiquidHYDROGEN »

I posted this in the development thread
LiquidHYDROGEN wrote:
LiquidHYDROGEN wrote:
Right-wing, Rail is cheaper than roads. If it is true and SL's annual budget is around 300 million USD then 10-20 million is enough to set up a steel plant or two. Energy can come from solar and wind which would cost another 10 million USD to set up.
Do you know how much an oil rig costs? Decommissioned/cheaper ones's are 10 million USD or cheaper. Let's say the exploration and expertise cost a few more million, say 5 Million USD. The profit's would also help pay for refiniries in the future. Now the steel needs to be turned into rail, ground needs to be broken and tracks need to be laid. Let's say that cost's 40 million USD; 10 million USD to form rail, 10 million USD to buy wood from Ethiopia and 10 million for the workers and 10 million USD to for stone quarrying and breaking it down into gravel.

How much is that altogether so far? 75-85 million USD out of SL's alleged 300 million USD budget. That is less 25% of SL's annual budget and I have already provided a reliable energy source, pumped oil without any foreign corporation or middle-man and have funded the build of rail all along the country which means cheaper travel costs and more business which = more money into the economy.

Of course this is all not including the billions of dollars the SL government would get from sorting out the exchange issue and also setting up/using public credit, taxing business and increasing tarriffs in Berbera port. I can assure non of that is hard or profound. Somalis, especially SLanders do not have what every other ssuccessful nation on earth has - initiative, ambition and ingenuity.
:up:
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