24 April 2017 (SofoNews) – Somalia is taking part in the Seafood Expo Global, the world’s largest seafood trade fair, from April 25 to 27, 2017 in Brussels. The three-day event features more than 1,700 exhibiting companies from over 75 countries and is designed to foster and grow business in the global seafood market by bringing together buyers, suppliers, media and other seafood professionals. The Growth, Enterprise, Employment and Livelihoods (GEEL) project is supporting the participation of nine private sector participants and a representative of the Puntland Investment and Development Authority.
Somali waters are considered to be some of the most diverse and profitable fishing grounds in Africa, teeming with schools of yellow fin tuna, blue marlin, dolphin fish, and sardines. In addition to having the longest coastline in continental Africa at 3,300 kilometers, the country has over 10,000 km2 of inland water area with two permanent rivers, the Juba and the Shebelle, which renders a great aquaculture potential. The Somali Exclusive Economic Zone (EEZ) of 830,390 km2 was formally ratified in 2014, but has seen minimal international fishing effort for more than two decades. Estimates suggest that the country has the potential to produce 300,000 to 400,000 tons of fish per year, whilst current landings are estimated at just 15,000 to 20,000 tons.
GEEL is working with the Federal Government of Somalia (FGS) and the private sector to realize this potential through improved production, strengthened capacity of the private and public sectors to support market-led fisheries and profitable linkage to the global seafood trade and investment.
Fisheries companies and government officials are representing Somalia at booth 4560 at the Brussels Expo. I am happy to facilitate interviews between you and the companies represented to discuss the details of the event and how they are capitalizing on unlimited access to more than 1,7000 local, regional and international suppliers, investors and traders from 75 countries.