Fishing is a highly profitable venture throughout the world; the tuna industry alone is worth $6 billion globally. Surveys of Somali waters show that there are significant fish stocks off the coast of Somalia—these waters are in fact considered to be some of the richest fishing grounds in the region...
Microfinance helps many people in Somalia and across the globe lift themselves out of poverty by providing small loans to those lacking access to traditional financial services or funding opportunities.
This market analysis identifies factors influencing the profitability of the honey business in Somalia. While the analysis focuses on Somaliland, the factors apply to all regions of Somalia.
The northern Somali livestock trade involves the annual export of at least $200 million worth of live animals through the ports of Berbera, Bosasso and Djibouti across the Gulf of Aden. This is said to be the largest movement of live animal – ‘on the hoof’ – trade anywhere in the world.
The overall objective of the study, which was funded by UNDP Somalia, was to undertake an assessment of the Puntland fisheries sector through value chain analysis and assessment of the current production and its impacts on the marine environment.
