Somalia eyes share of regional livestock market

Somalia has opened a state-of-the-art livestock market in Adado town, Galmudug region, to process quality products for local and regional markets.

The market was commissioned by Ahmed Abdi Kariye, popularly known as Qoorqoor, the President of Galmudug State, who urged residents to ensure that the new project meets the required market standards.

"This facility represents a fantastic opportunity for the people of the town of Adado. Milk and beef are among the most consumed products, so I urge you to take full advantage of local and regional demand," he said.

 “The market is designed not only to facilitate the buying and selling of livestock but also to ensure the welfare of the animals. It provides space for transactions, feeding areas for animals before or after purchase, and even on-site veterinary services for health checks," he added.

The state president further emphasised the critical role animals play in the lives of Galmudug people, and the country.

 "Livestock are not only abundant, they are essential to the well-being of our society. Implementing a system to ensure their health is an important step. This will not only prevent problems, but also promote responsible animal care.

Somali economy

Livestock is the backbone of the Somali economy, with over 65 per cent of the population relying on it for their livelihoods. Somalia has a large livestock population, estimated at 7.1 million camels, 5.3 million cattle, 30.9 million goats and 13.6 million sheep.  This makes a significant economic contribution.

In addition, livestock exports generate an estimated 80 per cent of Somalia's foreign exchange earnings, exceeding even direct remittances from Somalis living abroad.

Besides, livestock income and trade contribute around 40% of Somalia's gross domestic product (GDP), highlighting its vital role in the country's overall economic health.

Somalia recently joined the eight-member East African Community, which comprises seven other countries, including neighbouring Kenya, South Sudan and Tanzania. The bloc grants the Horn of Africa nation a number of privileges, including free movement of people, goods and services, as well as access to some 300 million people.

The new Adado Town Livestock Market, with its modern facilities and animal care services, promises to revolutionise the livestock trade in the region.