Bananas Somalia was internationally known for its famous high quality and tasty

Bananas somalia was internationally known for its

This preview shows page 63 - 65 out of 82 pages.

Bananas: Somalia was internationally known for its famous high-quality and tasty bananas. The country was the largest exporter in East Africa (to European and Middle-Eastern countries) and “the banana value chain has employed up to 120,000/150,000 people in Somalia” (Managing Director, Agribusiness Industry, UAE). After a gap of more than two decades, initiatives have been taken in South-Central Somalia (Shabelle) to help local growers export their productions to foreign markets. In Somaliland and Puntland, there is clearly a window of opportunity for Natural resource / agriculture Fisheries Livestock Salt / Gums Bananas Manufacturing Hides & skins Food processing Fish processing Furniture Making Service industries Hospitality industry Recreational facilities Private Security Repair industries
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64 IOM Somalia - Research on Youth, Employment and Migration local and international investors, as the demand from Saudi Arabia, UAE, Gulf States, Iran, and European countries is potentially significant. “The potential is huge, everyone knows it in the Middle-East. But it has to be a win-win situation: Somaliland and Puntland need investments, storage facilities, factories, etc. to be able to produce and transform bananas. Also, the other segments of the value chain must be developed as well: it can create new skilled jobs and increase the domestic profit” (Somali Operating Manager, Agribusiness industry, Saudi Arabia). Salt and Gums: Analysis on these sectors is currently lacking and requires further inspection. A rapid assessment of these sectors is required to highlight expected profits, and comparisons with the global market to ensure that investments would be profitable in these sectors. Salt sector: Easy access to the sea and neighbouring Ethiopia as landlocked country requiring salt presents a big market for the salt industry – yet its potential needs to be carefully assessed. Gums: Currently, trees are used as charcoal. Gum production could be a promising sector to both help preserve the environment (by decreasing deforestation) and generate income. Yet more information is required on the current market and its potential for growth. Hides and skins: Currently, mostly raw hides and skins are exported from Somalia/Somaliland. However, there is a history of leather making and processing hides and skins, which could be revived as promising sector of income generation and employment along the value chain. “ I was looking for a belt this morning and I found something that is probably from China, there is a lot of potential, shoes, everything.” (EU Field Officer, Hargeysa) Repair industries: While appliances are easy to find in Somaliland and Puntland, key informants highlighted the lack of service industry around them. Currently, there are few people with the necessary skills to repair fridges, air conditioners, TVs, etc. This also holds true for mobile repairs – which, given the widespread nature of mobile phones in Somaliland and Puntland are quite necessary. “Mobile repair is very much needed as well, very marketable, only small table and screws needed. If someone has higher skills in that, it would be good.” (NRC, Hargeysa)
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  • Fall '17
  • IOM, Human migration, Somaliland

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