Rupsha Banerjee, A. Cullis, F. Flintan, S. Wiggins
{"title":"Impact of COVID-19 on livestock exports from Somalia and the Horn of Africa","authors":"Rupsha Banerjee, A. Cullis, F. Flintan, S. Wiggins","doi":"10.3362/1755-1986.21-00005","DOIUrl":null,"url":null,"abstract":"Somalia has a significant place in the livestock sector in the Horn of Africa; livestock trade and export is one of the key economic contributors. Most of the livestock trade happens with the Middle East, the Kingdom of Saudi Arabia being one of its biggest importers. The COVID-19 pandemic has led to both massive loss of life and huge economic losses as the result of measures to contain the virus. In June 2020, the Kingdom of Saudi Arabia took the decision to restrict the number of pilgrims for the annual Hajj. Impacts resulted in a decline in income from the seasonal Hajj of 80 per cent, though domestically prices of livestock remained stable and local markets were used for livestock sales. This paper, besides highlighting the effects, provides recommendations which could inform strategic planning, humanitarian aid, and resilience building for the livestock value chain in Somalia and the Horn of Africa.","PeriodicalId":39025,"journal":{"name":"Enterprise Development and Microfinance","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Enterprise Development and Microfinance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3362/1755-1986.21-00005","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 0
Abstract
Somalia has a significant place in the livestock sector in the Horn of Africa; livestock trade and export is one of the key economic contributors. Most of the livestock trade happens with the Middle East, the Kingdom of Saudi Arabia being one of its biggest importers. The COVID-19 pandemic has led to both massive loss of life and huge economic losses as the result of measures to contain the virus. In June 2020, the Kingdom of Saudi Arabia took the decision to restrict the number of pilgrims for the annual Hajj. Impacts resulted in a decline in income from the seasonal Hajj of 80 per cent, though domestically prices of livestock remained stable and local markets were used for livestock sales. This paper, besides highlighting the effects, provides recommendations which could inform strategic planning, humanitarian aid, and resilience building for the livestock value chain in Somalia and the Horn of Africa.
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EDM encourages critical thinking on how market systems can be more inclusive and sustainable, with concrete implications for designing, implementing, and evaluating business support programmes. EDM is essential reading for practitioners, researchers, donors, policymakers, and finance specialists engaged in market-related activities involving poor people in the global South. The coverage includes but is not restricted to: • Financial inclusion (inclusive financial services and products) • Emerging financing models (impact investment, responsible finance, social lending) • Value chain analysis and development • Inclusive business models • Equity (gender, youth, marginalized) in access to financial services and value chains • Political and regulatory framework for SME development and financial services • ICT for business development and financial services • Sustainability standards • Advisory services for SMEs • Impact assessment.
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