Category: Economy
Ambitious Development Projects Earmarked in Somaliland’s 2021 Budget
Ambitious Development Projects Earmarked in Somaliland's 2021 Budget
Leveraging Somaliland’s Blue Economy
Leveraging Somaliland’s Blue Economy
The blue economy is one of the least exploited sectors in Somaliland contributing 0.3% to GDP despite the fact that the Horn of Africa has the largest coast in mainland Africa. Somaliland has an 850 km long coastline that borders the Gulf of Aden and the Indian Ocean. Currently there are more than 600 species present in Somaliland’s marine fisheries of which 400 could be leveraged commercially. However, less than 10% of these fish stocks are exploited leaving the blue economy completely untapped. Continue reading “Leveraging Somaliland’s Blue Economy”
African Agency & Chinese Power: The Case of Djibouti
African Agency & Chinese Power: The Case of Djibouti
Djibouti’s agency depends upon many factors, including its strategic geographical location; the great powers’ concern over the security of sea lanes of communications and, as a result, piracy in the Gulf of Aden; China’s Belt and Road Initiative (BRI) and interest in establishing a naval base there; and reactions to these Chinese decisions by Djibouti’s other partners. In other words, the great powers’ interest in and competition over Djibouti have widened this country’s room for maneuver. Continue reading “African Agency & Chinese Power: The Case of Djibouti”
The State of Energy in Somaliland
The State of Energy in Somaliland
Somaliland’s State of Energy
Developing countries have one large need limiting their ability to progress and advance – access to affordable, reliable, and clean energy. After all, companies and societies cannot thrive sustainably without access to reasonable electricity and petroleum products. While this pressing issue happens in developing countries around the world, one prime example is Somaliland, where electricity and petroleum products are priced higher than those in their peer countries. Continue reading “The State of Energy in Somaliland”
Somaliland: Adan Abbey – Founder of Horn of Africa Insurance Company
Somaliland: Adan Abbey - Founder of Horn of Africa Insurance Company
King Salman Relief Distributes 30,000 Food Baskets in Somaliland
King Salman Relief Distributes 30,000 Food Baskets in Somaliland
Somaliland: Unaware of the Potential in her Blue Economy
Looking at the efforts towards “Ocean- based Resources” or what has lately been known as “The Blue Economy” by African countries bordering oceans and having ports, Somaliland is blind to what is taking place around her, given her wide access to the Red Sea, that is vital and important for the global economy. Continue reading “Somaliland: Unaware of the Potential in her Blue Economy”