Livestock and Agriculture
Livestock is the backbone of the country’s economy and supports the largest production community of the Somali people who raise their animals under harsh production system- Pastoralisim. The SDRB is determined to encourage and support the development and modernization of livestock production with the intent to improve the productivity, thus better livelihood for the nomadic society.
Livestock production accounts for 60-65% of the gross domestic product (GDP). Based on 1998 FAO estimates of livestock numbers and past growth rates, Somalia has about 3.69 million camels, 0.80 million head of cattle, 13.4 million goats and 11.75 million sheep in 2012.
With increased investment, smart regulation, infrastructure development, sector coordination and improved branding, the Somalia has ample opportunities to capitalize on the growth of the livestock sector in the Middle East and other regions of the Muslim world, while supporting the growing local demand.
Source:-Livestock and Agriculture | Somali Development and Reconstruction Bank (sodevbank.so)