Illyria Posted August 4, 2023 In a conversation with an old mate, an investor, who just got back from the old country, mentioned this 5 billion US dollar industry has been taken over, and is now owned by a US company financed by US AID. Anyone has an insight? This article, whilst out of date, speaks to the potential in the industry. "Somalis have an incredible appetite for milk. In 2014, milk production earned about $3.3 billion ($2.7 billion from camel milk) in profits from local sales. Despite this record production, none was exported" Regenerating Somalia’s Dairy Industry | Transforming Lives | Somalia 2017-2020.USAID.GOV Fresh milk. Somalis have got it, although most of the population drinks imported powdered milk... Quote Share this post Link to post Share on other sites
Miskiin-Macruuf-Aqiyaar Posted August 4, 2023 What did you he 'mate' say? Markaa Xamar tagaaye in 2019, caanaha shirkado Soomaali iyo dad caadi ah gadaaye iyo iib geynaaye. Quote Share this post Link to post Share on other sites
Illyria Posted August 5, 2023 On the front end, it might be hawked by poor locals, but according to him, the land, farms, livestock, revenues etc. has all being acquired by foreigners. Quote Share this post Link to post Share on other sites
