Britain has re-established diplomatic cordial relations with Mogadishu, and will be opening an Embassy in Somalia as soon as the security there is strong enough. In the meantime, the embassy will operate out of neighbouring Kenya. This augers well for East Africa, as that region can develop further with know-how which the British have.
When it was Kenya colony, Kenyans probably had a higher standard of living and life for most people was happy, with plentiful fruits and vegetables, and good management of livestock. That region has been de-forested, hit by drought, and not fully developed due to tribal rivalries. Once people can get together for the common good, that region will prosper.
I have heard from several educated people that the power generation stations in Somalia are not working as they should, due to disruption because of conflict. Once that situation improves with mediation and grants of money and goodwill, things will improve. If more power is generated, it is possible to see more factories, more busy hands sewing clothes, more buildings being built, people becoming purposeful in peace and the economy thriving. I believe there is huge potential development in Somalia, by grace of God.
Instead of being a pirate base, Somalia could become a docking station for oil tankers.
That would probably improve the world economy by a good margin.