Tag: red sea

Leveraging Somaliland’s Blue Economy

Leveraging Somaliland’s Blue Economy

Q1 2021 Op-Ed of Somaliland Professionals Association (SLPA Quarterly Op-Ed)

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”

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”