Development of a sort

Given the news out of Somalia recently, this is not really all that surprising or if one is Somali, unwelcome.

Last weekend's spectacular capture of a Saudi Arabian supertanker loaded with oil worth $100 million has jacked up the stakes in what is probably the only growth industry in the failed Horn of Africa state.

Massive ransoms have brought rapid development to former fishing villages that now thrive with business and boast new beachside hotels, patronized by cash-rich buccaneers who have become local celebrities virtually overnight.

Investors have been attracted from around Somalia.

[Snip]

As the profits from the crime wave draw in businessmen from around the country, residents in the pirate's coastal bases -- and some inland towns -- have seen development in recent months that is unprecedented in their anarchic nation.

Abdiqadir Yusuf Ow Muse, the Eyl chairman, said his village had existed since 1927, but had long been only a tiny fishing community. This year, he told Reuters, all that had changed.

"Now it's a district with almost all facilities you would expect, because of the convergence of rich pirates," he said.