Somalia sees GDP surge thanks to livestock exports, increased investments

Somalia's economy registered a 4.2 percent growth in 2023, buoyed by a surge in livestock exports, increased investments, and a boom in the construction industry.
Subscribe to us on TH-cam: ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: / cgtnafrica
Twitter: / cgtnafrica
Instagram: / cgtn_africa

[@gusmotorsports]

Yes! Africa is rising

[@omarade6924]

Very interesting trade and economic growth in somalia will made entire region prosperous becouse somalis living several country!

[@raghedanan3959]

Somalia 🇸🇴 is heading towards the right direction but more needed for improvement such as security measures and infrastructure !!

[@cecc0569]

Well as the first man stated most of exports are from live stock exports through the port of Bosaso in Bari Puntland region. Most of these exports goes to the gulf countries and Yemen.

[@theancientsancients1769]

Exports to Egypt started last 2 weeks

[@mohammadkhader1997]

Step by step Somalia is rising again

[@misterpolyglot8763]

i will be more than happy to invest in Somalia, but there is a luck of information when it comes to investment and starting a business in Somalia

[@dacaptain1739]

Investing in somalia requires knowledge from being there, strong connections with locals government officials and elders and a massive amount of initiative.

[@charlibravo371]

Yes, please be careful to not invest prematurely with unknown and dubious people. Like my brother said, you require good contacts in order to do so for now.

[@CmonNowTellme]

Somalia is NOT ready for foreign investment. Somalia is still delicate when it comes to security. Thus, you might wait for a while to cool off.

[@theancientsancients1769]

The Only safe region when it comes to investment is in the autonomous Somaliland region there .

[@lokesh303101]

Yes!

[@Cirroole]

حسبنا الله ونعم الوكيل

[@l4fromz]

انت صومالي؟!

[@victorm6205]

👍

[@Abdifatah-d7y]

Hhhh it is not true

[@siadbarreSNM]

Oh it is