Archive | July 2013

AN EXTRA 20,000 live sheep have been brought to Bahrain to meet soaring demand during Eid Al Fitr

 

Guul Group Livestock

AN EXTRA 20,000 live sheep have been brought to Bahrain to meet soaring demand during Eid Al Fitr.

The Bahrain Livestock Company (BLC) yesterday confirmed it had imported the animals from Somalia ahead of next week’s holiday, which marks the end of Ramadan.

More than 15,000 sheep and chilled Pakistani beef has also been distributed to markets across the country in the last three days.ompany (BLC) yesterday confirmed it had imported the animals from Somalia ahead of next week’s holiday, which marks the end of Ramadan.

“Live sheep are being supplied from Somalia at a rate of 1,400 to 1,500 a day,” said BLC general manager Ebrahim Hamad.

“In preparation for the last week of Ramadan and Eid, 19,500 live sheep have been brought from Somalia.

“After veterinarians checked the sheep, they were transferred to the BLC pens where they will remain until they are distributed.”

The company said negotiations were on-going to set up deals with other meat suppliers to import more live sheep from Somalia following Eid.

Bahrain has been hit by a series of meat shortages since August last year when it turned away 21,000 sheep due to health concerns.

The Australian government accused the country of breaching an animal welfare clause when it denied the shipment entry, meaning the animals spent days at sea before eventually ending up in Pakistan where they were brutally slaughtered.

Fresh meat exports to Bahrain were also halted, forcing authorities to import livestock from countries such as Somalia, which costs substantially more.

A report released by the Australian Department of Agriculture, Fisheries and Forestry cleared the BLC and Municipalities and Agriculture Affairs Ministry and instead put the blame on the country’s port authorities.

 

From http://www.gulf-daily-news.com/NewsDetails.aspx?storyid=358301

 

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Entrepreneurship Africa

Entrepreneurship In Africa

Entrepreneurship Africa seeks to profile economic drivers and activities in Africa. A continent widely regarded as the poorest, but ironically the richest in resources. Statistics conclude that entrepreneurial activity is still worryingly low in Africa.

However it’s not all doom and gloom, entrepreneurship is now a buzz word across the continent. More and more graduates will rather initiate ‘something of their own’ than looking for employment. In its colourful cultures, Africa resembles a belly of resilience. Her enterprising citizens and residents will be profiled by this platform.

From a basic survivalist to an innovation warrior in the plush buildings of the metropolis; they all share the similar characteristics; of risk taking and irrepressible keenness to achieve. The activities will be celebrated here. We will strive to show that entrepreneurs are people of blood and flesh just like you; but with restless spirit to achieve, souls that permeate the ether and unbending will to pursue their goals until achievement.

We will not portray entrepreneurship as…

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Maydh and Berbera fisheries business launched at East London

 

 

 (Medeshi) – A company named Pontus Marine Limited to trade by shares for the development of the fisheries business in Somaliland was launched today at the People’s Palace Hall at Queen Mary University in East London. The executive director of the company Mr. Mohamed Yusuf who also owns the Invicta Capital Limited said that the company was being launched after a through research and a feasibility study that showed the prospectus of potential fishing business in the ports of Maydh in Sanaag and Bebera in Saahil of Somaliland. The company will start the first phase of the work from Maydh port where the  company will initially use pontoons as a temporary service  while the port is being developed .
Mr Yusuf said that ” although this is unique business initially based in Somaliland , it will eventually extend along the coast to Somalia in the future”.

The company decided to establish a fisheries operation in the  Gulf of Aden ( initially based in Maydh and Berbera) which is  one of the most productive phytoplankton and zooplankton areas in the world, sustaining rich feeding and nursery grounds for more than 600 fish species , including high value species like tuna, lobster, cuttlefish, shrimps, shark and many more…

 

 

The company is offering the Somaliland public to buy shares valued at $1 a share with no maximum limit until the target of $5 million is raised. The share taking will be based on first come first served which means that those that buy the shares early will get the top shares depending on the value of the shares that they buy . The company is expected to generate profit during the second year of its formation as the first year will be the formation of the business in Somaliland and building the infrastructure as well procuring the necessary equipment  such as industrial refrigerators  , delivery vans and trucks in addition to building cold storage warehouses. Berabera will be the main export hub of the fisheries and all infrastructure to sustain the export will be in place at the end of the first year of the company.

The fisheries business will target the Somaliland consumers first,  seconded by the 85 Million people  of Ethiopian market . Ethiopia has promised to give fishing export licence to the company and has encouraged the establishment of the business although it has not invested in Pontus  fisheries business. Other markets are expected to be The UAE, Saudi Arabia and China in the long run.
Last receipt of completed applications and subscription monies will be on the 30th Oct 2013 . Closing date will be 31st of Oct 2013.
For more information contact ; Pontus Marine Limited 
33, St James’s square , London, SW1Y 4JS
Photos from the event:

Mr . Mohamed Yusuf , the executive director of Pontus and Invicta presents the business programme of the project 

Queen Mary University Campus – East London

Sultan Mohamud talks about the need for the fisheries business – Photo by Medeshi

 

From http://www.medeshivalley.com/2013/06/maydh-and-berbera-fisheries-business.html

Somaliland: Country has Abundant Tea Growing Potential

 

The Prospects of Tea Growing in Somaliland

By: Abdirahman Ibrahim Abdilahi

Somalilandsun – Many people in the country are of the view that tea cannot be grown in Somaliland given the erratic rainfall, inappropriateness of altitude and soil. In contrast, the climate is conducive to growing tea in the country and there is a technology to manage soil and rainfall.

A leading Tea Development Authority in Kenya tea Production Company is looking into the potential prospects of growing tea in Somaliland and is interested in setting up large scale tea plantations and small scale farms in the country and their vision is eventually to add value the tea products locally and package for local consumption and with time and capacity to export from Somaliland to neighboring regions. The principals overriding my interest in this sector are to enable the economic development of Somaliland by setting an example to be emulated by others.

Somaliland has the potential prospects of growing tea as far as climate is concerned and we have got the technology to overcome issues such as rainfall, altitude and soil fertility which is a relative concern on growing. The tea industry employs directly or indirectly more people in any country involved with tea growing and also generate a huge foreign exchange by means of export.

However, with limited information on Somaliland prospect potential in tea productions; Kenyan tea growing companies would appreciate if they find relative information on the matter. But unfortunately, almost all ministries have no websites or blogs on the World Wide Web that can be connected with the exception of the Minister of Presidency: Mr. Hersi Ali Haji Hassan and Somaliland Chamber of Commerce.

Each and every one of the Ministries concerned should have their own websites that can be visited in case information is required from them, such information contained in those websites may be included for example legal permission to enter into the country, work permission and policies of investment and much more or else, it would give bad image on the country prospects for business. It a is great idea to develop tea in Somaliland and there is a great potential and opportunities for growing tea in country and subsequently for consumption and sale of tea within the country and abroad. I know that there are no barriers to investment but with lack of communication may have negatively impacted on Somaliland business and economic sectors.

The communication is important as we are in the era of information technology and are obliged to make use of it in order to strengthen the economy far more better than ever. I personally support the idea of launching websites by Somaliland ministries for communication and guidelines for those who have business interest in Somaliland.

On the other hand, agriculture has been around for decades in the country for instance vegetables grown in Somaliland are watermelon, onion, hot pepper, tomato, lettuce and cabbage and fruits grown are mango, papaya, guava, citrus and pomegranates. All of the above mentioned horticultural crops are consumed in the country and are not exported with the exception of watermelon.

There was no problem with the balance between agriculture and nomads given to a line between agriculture and Nomads demarcated by the British at the time of their rule in Somaliland and still in use today although with small violations in some quarters of the country, on the whole the line between the two is stable.

If foreign investors on the subject matter are attracted, then the somaliland economy will be impacted, the lives of peasant farmers will be impacted and above all the agriculture sector will be also impacted.

Article from http://somalilandsun.com/index.php/economic/3364-somaliland-country-has-abundant-tea-growing-potential-