To be fair though, the somalis have no stable government so how would they set up shop for tourism? No tourists would go there.
Trouble is, the easy bounty of piracy distracts Somali society from making the difficult decision to stop fighting one another. It's about collective intelligence. Heck, even bloodthirsty barbarians like the Japanese eventually stopped fighting one another, and bingo! Sony. Mitsubishi etc.
I put drug-running on my list of options because the Caribbean island I almost called home has decided it is easier to ship cocaine than plant coconut trees and go out at dawn and dusk every day for the first three years to check that coconut beetles aren't getting at them.
The collective intelligence the older generations possessed has been lost. It can be found again of course.