DOCSLIB.ORG

Somalia Fact Sheet

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

SOMALIA FACT SHEET FAST FACTS Somalia is official known as the Federal Republic of Somalia, and was established as a nation in 1960. It is a country which has seen a great amount of conflict from civil war and Islamist groups, as well as having faced a number of emergencies from flooding, drought and food shortages. Capital: Mogadishu Climate: Tropical with two rainy seasons / arid Population: 10.8 million (UN 2015) Terrain: Much of the land is scrubland and desert, with one of Africa’s longest $ Currency: Somali Shilling coastlines Land area: 637, 657 sq km.The country Natural resources: Iron-ore, Uranium and is divided into 6 regions and includes the Tin. There have been suggestions that the autonomous region of Somaliland and land also holds a great amount of oil Puntland. Somaliland is a self-declared state as of 1991, but is not internationally recognised as a nation state and is National day: 1st July (worldatlas.com) regarded internationally as an autonomous region of Somalia. Symbol: Leopard Borders: Kenya, Ethiopia, Djibouti (which borders Somaliland) and the Indian Ocean National anthem: Qolobaa Calankeed (‘Any nations flag’) Language: Somali, Arabic, Italian, English Landmarks: Daallo Frankincense forest, Iskushuban falls Religion: Sunni Islam Wildlife: Somali golden mole, Silver dik- Life expectancy: men 50 years, women dik, Ash’s lark 53 years SOMALIA COUNTRY PROFILE 1 SOMALIA TIME LINE: CONFLICT, FAMINE AND CRISIS 1840 THE REGION WAS COLONISED BY GREAT BRITAIN AND ITALY DURING THIS PERIOD JULY BRITISH AND ITALIAN SOMALILAND COLONIES WERE GRANTED INDEPENDENCE AND UNITED TO FORM THE 1960 REPUBLIC OF SOMALIA, WITH ADEN ABDULLAH OSMAN DAAR BECOMING THE COUNTRIES FIRST PRESIDENT 1974- 1975 SEVERE DROUGHT CAUSES WIDESPREAD STARVATION 1977 CONFLICT WITH ETHIOPIA ERUPTS OVER A DISPUTED REGION OF LAND 1988 PEACE ACCORD SIGNED WITH ETHIOPIA COLLAPSE OF THE GOVERNMENT LEADS TO CIVIL WAR. THE COMBINATION OF A FAILED GOVERNMENT AND 1991 CIVIL WAR ALSO LED TO HUMANITARIAN CRISIS. SOMALILAND BREAKS AWAY AND DECLARES ITSELF AS AN INDEPENDENT NATIONS. 2000 THE FIRST GOVERNMENT SINCE 1991 IS ANNOUNCED, BUT ISN’T ACCEPTED BY ALL LEADING TO MORE INSTABILITY AND VIOLENCE 2010- 2012 FAMINE IS DECLARED IN THREE REGIONS, AND KILLS ALMOST 260,000 2011 DROUGHT STRIKES - SIX REGIONS IN SOMALIA ARE DECLARED IN FAMINE, AFFECTING 4.8 MILLION PEOPLE 2012 SOMALIA’S FIRST FORMAL PARLIAMENT IN 20 YEARS IS SWORN IN 2013- CONFLICT ERUPTS AS AL-SHEBAB, AN ISLAMIST MILITIA BASED IN SOMALIA, CARRY OUT MANY ATTACKS 2016 TOWARDS KENYA AND THE SOMALIAN GOVERNMENT HEAVY RAIN IN PARTS OF SOMALIA AND ETHIOPIA LEADS TO FLOODING IN CENTRAL AND SOUTHERN SOMALIA. 2016 OVER 70,000 ARE DISPLACED A FOOD CRISIS IS DECLARED IN SOMALIA WITH AN ESTIMATED 6.3 MILLION PEOPLE (HALF THE POPULATION) ARE 2017 IN NEED OF URGENT FOOD ASSISTANCE 2 SOMALIA COUNTRY PROFILE KEY WORDS The world must work together to help achieve Sustainable • Civil war: A war between citizens of Development Goals (SDGs) the same country 2 and 16 in Somalia • Militia: A military force that engages in rebel or terrorist activities in opposition to a regular army. Or one which supplements the regular army GOAL 2 in times of emergency. ZERO HUNGER • Drought: An extended period of time where the amount of rain that falls What can be done to ensure that every child has sufficient is well below average, and leads to and nutritious food in order to grow up healthy? water shortages. End hunger, achieve food security and improve nutrition, • Humanitarian crisis: An event or and promote sustainable agriculture. series of events that causes a critical threat to the health, safety, security or wellbeing of a community or other GOAL 16 large group of people. • Colony: a country or area under PEACE AND JUSTICE political control of another country and Promote peaceful, stable and inclusive societies for occupied by settlers from that country. sustainable development, provide access to justice for all. CONFLICTConflict in Somalia Somalia’s history is chequered with conflict which has had huge human- INitarian consequences:SOMALIA because of long term conflict, civilians have been Somalia’scaught history in the cross-fire.is chequered As with a result, conflict over which1 million has hadSomali huge people humanitarian are inter- nally displaced and without access to resources to meet basic needs. consequences: because of long term conflict, civilians have been caught in the Additionally,cross-fire. SomaliaAs a result, currently over 1 facesmillion a foodSomali crisis people after are only internally overcoming displaced a andfamine without in access 2011. toA resourcescombination to ofmeet drought basic due needs. to two seasons of failed rains, rising prices of food and water, as well as conflict has led to a Additionally,situation Somaliawhere an currently estimated faces 6.3 amillion food crisispeople after are only in urgent overcoming need of a foodfamine assistance. in 2011. AThis combinationincludes 363,000of drought children due to whotwo seasonsare acutely of failedmalnourished. rains, rising prices of food and water, as well as conflict has led to a situation where an estimated 6.3 million people are in urgent need of food Nutrition is vital to living a healthy life and malnourishment has far reaching consequences. assistance.These include This includes weakened 363,000 immune children systems, who a are higher acutely risk malnourished.of disease, growth problems in children and impacts on education. Malnourishment is also a driver and a conse- Nutrition is vital to living a healthy life and malnourishment has far reaching quence of poverty and inequalities in societies. consequences. These include weakened immune systems, a higher risk of disease, growth problems in children and impacts on education. Malnourishment is also a driver and a consequence of poverty and inequalities in societies. SOMALIA COUNTRY PROFILE 3 What is Concern doing? Concern began working in Somalia in 1986, and ran numerous projects since then to respond to long term and short Awdal Sanaag Bari term needs of communities living there. Woqooyi Galbeed Togdheer In Somalia and Somaliland we are Sool currently running an emergency Nugaal response programme to assist those suffering from the hunger crisis. This Mudug has includes providing cash transfers to families so they can buy the food they Galguduud urgently need, and treating children who are malnourished. Bakool Hiiraan We are also providing emergency Gedo water supplies to those in urgent Bay need. In Baidoa we’re providing Mogadishu water to over 16,000 individuals Banaadir Middle and supply water to two hospitals. Juba Lower We are trucking water to 10 villages Juba in Somaliland and have expanded water trucking from 15 to 47 locations in Gedo. Want to Learn READ Find our latest updates at the MORE? Concern blog! Concern Worldwide’s Active Citizenship Team run workshops for students during the academic year. If you are interested WATCH Checkout videos of the in exploring and critically projects that we are working on examining global issues in the classroom please contact us on [email protected] Follow us on twitter ACT Run a fundraiser at your school @concernactive or youth group to raise vital Follow us on Instagram funds for the work we are doing @concernactive WRITTEN BY: Lauren Wright - Active Citizenship, Concern Worldwide 4 SOMALIA COUNTRY PROFILE PRODUCED IN 2017 .
Recommended publications
  • Somalia's Mighty Shilling

    Somalia's Mighty Shilling

    Somalia’s mighty shilling The Economist March 31, 2012 1 / 12 Hard to kill • A currency issued in the name of a central bank that no longer exists 2 / 12 An expression of faith • Use of a paper currency is normally taken to be an expression of faith in the government that issues it • Once the solvency of the issuer is in doubt, anyone holding its notes will quickly try to trade them in for dollars, jewellery or, failing that, some commodity with enduring value 3 / 12 An exception • When the rouble collapsed in 1998 some factory workers in Russia were paid in pickles • The Somali shilling, now entering its second decade with no real government or monetary authority to speak of, is a splendid exception to this rule 4 / 12 A central bank • Somalia’s long civil war has ripped apart what institutions it once had • In 2011 the country acquired a notional central bank under the remit (authority) of the Transitional Federal Government • But the government’s authority does not extend far beyond the capital, Mogadishu. 5 / 12 Backed by no reserves • Why are Somali shillings, issued in the name of a government that ceased to exist long ago and backed by no reserves of any kind, still in use? 6 / 12 Supply xed • One reason may be that the supply of shillings has remained fairly xed • The lack of an ocial printing press able to expand the money supply has the pre-1992 shilling a certain cachet (prestige) 7 / 12 Fakes • What about fakes? • Abdirashid Duale, boss of the largest network of banks in Somalia, says that his sta are trained to distinguish good fakes from the real thing before exchanging them for dollars 8 / 12 Money is useful • A second reason for the shilling’s longevity is that it is too useful to do away with • Large transactions, such as the purchase of a house, a car, or even livestock are dollarised.
  • Integrated Nutrition and Mortality Smart Survey

    Integrated Nutrition and Mortality Smart Survey

    INTEGRATED NUTRITION AND MORTALITY SMART SURVEY REPORT ELBARDE DISTRICT, BAKOOL REGION, SOMALIA NOVEMBER 2020 I ACKNOWLEDGEMENTS Action against Hunger (ACF), would like to acknowledge all the support provided during the preparation, training and field activities of the survey, which includes but not limited to; ➢ Technical and logistical support provided by Elbarde Municipality and the Ministry of Health in South West state of Somalia, facilitation during the training and field work. ➢ We would like to acknowledge the roles of the assessment teams including the team leaders, enumerators and community field guides and all the parents/caregivers who provided valuable information to the survey team, and participated the assessment. ➢ Assessment Information Management Working Group (AIMWG) members for the technical inputs and validations. ➢ Appreciation also goes to SIDA, for the generous financial supports to conduct this nutrition and mortality survey. Statement on Copyright © Action Against Hunger Unless otherwise indicated, reproduction is authorized on condition that the source is credited. If reproduction or use of texts and visual materials (sound, images, software, etc.) is subject to prior authorization, such authorization will render null and void the above-mentioned general authorization and will clearly indicate any restrictions on use. II Table of contents ACKNOWLEDGEMENTS ................................................................................................................................. II Table of contents ....................................................................................................................................
  • Somalia Recent Economic Developments and Medium-Term

    Somalia Recent Economic Developments and Medium-Term

    ReportNo. 6542-SO Somalia Public Disclosure Authorized RecentEconomic Developments and Medium-TermProspects February10, 1987 Country ProgramsII Easternand SouthernAfrica Region FOR OFFICIALUSE ONLY Public Disclosure Authorized U Public Disclosure Authorized Public Disclosure Authorized Dmiuf. eW_ ] MUMaA_M-ay btured tecipients a"un. ks contemay n otherwise CURRENCY EQUIVALENT Currency Unit = Somali Shilling (So. Sh.) = 100 cents ABBREVIATIONS ADC - Agricultural Development Corporation AMF - Arab Monetary Fund ASAP - Agricultural Sector Adjustment Program CPE - Centrally Planned Economics CPI - (Mogadishu)Consumer Price Index CSD - Central Statistical Department DAC - Development Assistance Committee DOD - Debt Outstanding and Disbursed ECA - UN Economic Commission for Africa ENC - The National Commercial Agency HASA - Hides and Skins Agency MNP - Ministry of National Planning MOF - Ministry of Finance OECD - Organization for Economic Corporation and Development OPEC - Organization for Petroleum Exporting Countries NBB - National Banana Board ONAT - Farm Machinery and Agricultural Services Corporation PIP - Public Investment Program TYDP - Three-Year Development Plan (1979-1981) UNHCR - United Nations High Commission for Refugees GOVERNMENT OF SOMALIA FISCAL YEAR January 1 - December 31 FOR OMCIL US ONLY This reportis based largelyon the findingsof an economic missionwhich visitedSomalia during June-July 1986. The missioncomprised Messrs. SwadeshBose (MissionChief), Jack van Holst Pellekaan (agriculture),George Beier (publicinvestments),
  • Rethinking the Somali State

    Rethinking the Somali State

    Rethinking the Somali State MPP Professional Paper In Partial Fulfillment of the Master of Public Policy Degree Requirements The Hubert H. Humphrey School of Public Affairs The University of Minnesota Aman H.D. Obsiye May 2017 Signature below of Paper Supervisor certifies successful completion of oral presentation and completion of final written version: _________________________________ ____________________ ___________________ Dr. Mary Curtin, Diplomat in Residence Date, oral presentation Date, paper completion Paper Supervisor ________________________________________ ___________________ Steven Andreasen, Lecturer Date Second Committee Member Signature of Second Committee Member, certifying successful completion of professional paper Table of Contents Introduction ........................................................................................................................... 3 Methodology .......................................................................................................................... 5 The Somali Clan System .......................................................................................................... 6 The Colonial Era ..................................................................................................................... 9 British Somaliland Protectorate ................................................................................................. 9 Somalia Italiana and the United Nations Trusteeship .............................................................. 14 Colonial
  • COVID-19 Update

    COVID-19 Update

    Series: 03 MINISTRY OF PLANNING, INVESTMENT AND Somalia as of 23rd June ECONOMIC DEVELOPMENT MINISTRY OF PLANNING, INVESTMENT AND 2020 COVID-19 cases: 2835 Directorate of National Statistics ECONOMIC DEVELOPMENT Deaths: 90 Directorate of National Statistics Recoveries: 829 Recoveries: 486 Number of confirmed cases per state: Somaliland: 682 Puntland: 282 Hiirshabelle: 24 CORONOVIRUS (COVID-19) Update South West: 142 Reported period 10th June – 23rf June, 2020 Galmudug: 118 Jubaland: 176 Benadir: 1411 Key Summary Indicators There are 2835 confirmed cases in Somalia with 90 deaths and 829 recoveries 50% of the confirmed COVID 19 cases in the country are in Benadir Regional Administration 72% of the confirmed COVID 19 cases are Hotline Numbers for COVID-19 males, and 28% are females Please call if you are in: COVID-19 has claimed the lives of 3 persons for every 100 confirmed cases in Somalia Galmudug: 449 Somaliland:988 Puntland: 343 Jubaland: 466 Benadir: 449 Southwest:449 Ministry of Planning, Investment and Economic Development Directorate of National Statistics Number of confirmed cases, FIGURE 1: COVID-19 EVENTS Actives cases, Recoveries, NUMBER OF CONFIR M ED CASES , ACTIVES CASES, and Deaths in Somalia RECOVERIES, AND DEATHS IN SOM ALIA As of 23rd of June 2020, the 2835 number of confirmed cases are 2835 with 829 recoveries and 90 deaths. In addition, 1916 the active cases are 1916 as shown in Figure1 829 90 CONFIRMED ACTIVE CASES RECOVERIES DEATHS CASES Percentage Distribution of COVID 19 Figure 2: Percentage distribution of confirmed cases by State Confirmed Cases by State Hiirshabelle Galmudug Jubaland 1% Approximately 50 percent of the confirmed 4% COVID-19 cases in the country are in 6% Banaadir Region whereas the remaining (24 South West percent) are from Somaliland, Puntland (10 5% percent), Jubbaland (6 percent), South West (5 percent), Galmudug (4 percent) and Hirshabelle State (1 percent) as shown in Benadir (Figure 2).
  • Djibouti: Z Z Z Z Summary Points Z Z Z Z Renewal Ofdomesticpoliticallegitimacy

    Djibouti: Z Z Z Z Summary Points Z Z Z Z Renewal Ofdomesticpoliticallegitimacy

    briefing paper page 1 Djibouti: Changing Influence in the Horn’s Strategic Hub David Styan Africa Programme | April 2013 | AFP BP 2013/01 Summary points zz Change in Djibouti’s economic and strategic options has been driven by four factors: the Ethiopian–Eritrean war of 1998–2000, the impact of Ethiopia’s economic transformation and growth upon trade; shifts in US strategy since 9/11, and the upsurge in piracy along the Gulf of Aden and Somali coasts. zz With the expansion of the US AFRICOM base, the reconfiguration of France’s military presence and the establishment of Japanese and other military facilities, Djibouti has become an international maritime and military laboratory where new forms of cooperation are being developed. zz Djibouti has accelerated plans for regional economic integration. Building on close ties with Ethiopia, existing port upgrades and electricity grid integration will be enhanced by the development of the northern port of Tadjourah. zz These strategic and economic shifts have yet to be matched by internal political reforms, and growth needs to be linked to strategies for job creation and a renewal of domestic political legitimacy. www.chathamhouse.org Djibouti: Changing Influence in the Horn’s Strategic Hub page 2 Djibouti 0 25 50 km 0 10 20 30 mi Red Sea National capital District capital Ras Doumeira Town, village B Airport, airstrip a b Wadis ERITREA a l- M International boundary a n d District boundary a b Main road Railway Moussa Ali ETHIOPIA OBOCK N11 N11 To Elidar Balho Obock N14 TADJOURA N11 N14 Gulf of Aden Tadjoura N9 Galafi Lac Assal Golfe de Tadjoura N1 N9 N9 Doraleh DJIBOUTI N1 Ghoubbet Arta N9 El Kharab DJIBOUTI N9 N1 DIKHIL N5 N1 N1 ALI SABIEH N5 N5 Abhe Bad N1 (Lac Abhe) Ali Sabieh DJIBOUTI Dikhil N5 To Dire Dawa SOMALIA/ ETHIOPIA SOMALILAND Source: United Nations Department of Field Support, Cartographic Section, Djibouti Map No.
  • Somalia Economic Update, Fourth Edition: Building Education to Boost Human Capital

    Somalia Economic Update, Fourth Edition: Building Education to Boost Human Capital

    Federal Republic of Somalia SOMALIA ECONOMIC UPDATE August 2019 | Edition No. 4 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Building Education to Public Disclosure Authorized Boost Human Capital Federal Republic of Somalia SOMALIA ECONOMIC UPDATE Building Education to Boost Human Capital August, 2019 AFRICA © 2019 The World Bank 1818 H Street NW, Washington DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org Some rights reserved This work is a product of the staff of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this work is subject to copyright. Because the World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given. Attribution—Please cite the work as follows: “World Bank. 2019. Somalia Economic Update, Fourth Edition: Building Education to Boost Human Capital. © World Bank.” All queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: [email protected].
  • The World Factbook

    The World Factbook

    The World Factbook Africa :: Somalia Introduction :: Somalia Background: Britain withdrew from British Somaliland in 1960 to allow its protectorate to join with Italian Somaliland and form the new nation of Somalia. In 1969, a coup headed by Mohamed SIAD Barre ushered in an authoritarian socialist rule characterized by the persecution, jailing, and torture of political opponents and dissidents. After the regime's collapse early in 1991, Somalia descended into turmoil, factional fighting, and anarchy. In May 1991, northern clans declared an independent Republic of Somaliland that now includes the administrative regions of Awdal, Woqooyi Galbeed, Togdheer, Sanaag, and Sool. Although not recognized by any government, this entity has maintained a stable existence and continues efforts to establish a constitutional democracy, including holding municipal, parliamentary, and presidential elections. The regions of Bari, Nugaal, and northern Mudug comprise a neighboring semi-autonomous state of Puntland, which has been self-governing since 1998 but does not aim at independence; it has also made strides toward reconstructing a legitimate, representative government but has suffered some civil strife. Puntland disputes its border with Somaliland as it also claims portions of eastern Sool and Sanaag. Beginning in 1993, a two-year UN humanitarian effort (primarily in the south) was able to alleviate famine conditions, but when the UN withdrew in 1995, having suffered significant casualties, order still had not been restored. In 2000, the Somalia National
  • Market Food Security and Nutrition Analysis Unit - Somalia

    Market Food Security and Nutrition Analysis Unit - Somalia

    Market Food Security and Nutrition Analysis Unit - Somalia Monthly Market Data Analysis, October 2011 Highlights The monthly Consumer Price Index (CPI) decelerated slightly (3%) in the month of October 2011 in central Somalia while remaining stable in all other zones. Yearly comparison !( DJIBOUTI Zeilac !( indicates a15-41 percent increase increase in inflation this year throughout the country. Bossaso !( Erigabo Compared to the base period (March 2007), the current cost of living is significantly Awdal Sanag Bari inflated in the Somali Shilling (SoSh) areas of the country, while it is moderately elevated Borama!( Woq. Galbeed !( Burao Tog-Wajaale !( !( (23%) in Somaliland Shilling (SlSh) areas. Namely, the CPI is higher than the base year Hargeisa Togdheer Sool by 200-204 percent in South-Central and 159 percent in the North, SoSh areas. Lasanod Garowe !( !( Nugal Exchange rates between the USD and SoSh and SlSh indicate appreciation of the local currencies in most markets of Somalia in October when compared to the previous month Galkayo and the same month last year. Noteworthy, the level of appreciation was particularly high !( Abudwaq !( in Mogadishu where the SoSh gained 10 percent against the USD. This trend could be Mudug Dusa Mareb attributable to increased dollar inflows through humanitarian interventions as well as !( Galgadud livestock exports duringthe Hajj period. El Barde !( Belet Weyne !( !( Haradhere Bakol Dolo Local grain prices (maize and red sorghum) declined only moderately in October 2011 !( !( Hudur Hiran Aden Yabal !( !( !( !( El Der Luuq in most markets in the South, including Juba (9%), Banadir (11%), and Lower Shabelle Belet Xawo Gedo Baidoa (16%), following substantial declines recorded in the previous month.
  • Exploring the Old Stone Town of Mogadishu

    Exploring the Old Stone Town of Mogadishu

    Exploring the Old Stone Town of Mogadishu Exploring the Old Stone Town of Mogadishu By Nuredin Hagi Scikei Exploring the Old Stone Town of Mogadishu By Nuredin Hagi Scikei This book first published 2017 Cambridge Scholars Publishing Lady Stephenson Library, Newcastle upon Tyne, NE6 2PA, UK British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library Copyright © 2017 by Nuredin Hagi Scikei All rights for this book reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the copyright owner. ISBN (10): 1-5275-0331-3 ISBN (13): 978-1-5275-0331-1 Dedicated to my father Hagi Scikei Abati, my mother Khadija Ali Omar, my sister Zuhra and my brother Sirajadin. CONTENTS Preface ........................................................................................................ xi Acknowledgements .................................................................................. xiii Chapter One ................................................................................................. 1 Introduction Who are the Banaadiri Maritime Traders and Ancient Banaadiri Settlements Religion and Learning The Growth of Foreign Trade, Urbanisation and the First Industries of Banaadir Chapter Two .............................................................................................. 11 The Campaign of Defamation against the Banaadiri
  • Using Satellite Imagery to Track the Developmental Effects of Somali Piracy

    Using Satellite Imagery to Track the Developmental Effects of Somali Piracy

    Africa Programme Paper: AFP PP 2012/01 Treasure Mapped: Using Satellite Imagery to Track the Developmental Effects of Somali Piracy Dr Anja Shortland Brunel University January 2012 The views expressed in this document are the sole responsibility of the author(s) and do not necessarily reflect the view of Chatham House, its staff, associates or Council. Chatham House is independent and owes no allegiance to any government or to any political body. It does not take institutional positions on policy issues. This document is issued on the understanding that if any extract is used, the author(s)/ speaker(s) and Chatham House should be credited, preferably with the date of the publication or details of the event. Where this document refers to or reports statements made by speakers at an event every effort has been made to provide a fair representation of their views and opinions, but the ultimate responsibility for accuracy lies with this document’s author(s). The published text of speeches and presentations may differ from delivery. Programme Paper: Treasure Mapped SUMMARY POINTS There are increasing pressures to develop land-based approaches to Somali piracy. By making use of non-traditional data sources including local market data and satellite images, this paper is intended to be an objective analysis of who benefits from pirate ransoms. Significant amounts of ransom monies are spent within Somalia, but conspicuous consumption appears to be limited by social norms dictating resource-sharing. Around a third of pirate ransoms are converted into Somali shillings, benefiting casual labour and pastoralists in Puntland. Data analysis is complemented by examination of satellite imagery to establish where the beneficiaries are located.
  • Somalia Economic Update

    Somalia Economic Update

    Federal Republic of Somalia SOMALIA ECONOMIC UPDATE August 2018 | Edition No. 3 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Rapid Growth in Mobile Money: Public Disclosure Authorized Stability or Vulnerability? Federal Republic of Somalia SOMALIA ECONOMIC UPDATE RAPID GROWTH IN MOBILE MONEY: STABILITY OR VULNERABILITY? August, 2018 MACROECONOMICS, TRADE & INVESTMENT AFRICA TABLE OF CONTENTS ACKNOWLEDGEMents ....................................................................................................................... ii FOREWORD .......................................................................................................................................... iii ARAR .................................................................................................................................................... iv EXecUTIVE SUMMARY ......................................................................................................................... v NUXURKA SOO KoobIDDA .................................................................................................................. x PART I. Recent Economic Developments .................................................................................................... 2 1.1 Growth is recovering modestly—but it has not dented poverty .................................................. 2 1.2 Real GDP growth weakened in 2017 ............................................................................................. 2 1.3