Enabling economic and livelihoods opportunities in the Somali fisheries sector
by AICS - Italian Agency for Cooperation and DevelopmentSomalia
Imported from IATI · publisher data as of Mar 23, 2026
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Budget
€1,000,000
Timeline
Nov 18, 2025 – Aug 30, 2028
About this project
This initiative aims to establish a model intervention for value chain development in Somalia's fisheries sector, with the potential for replication and expansion to other regions across the country. It supports Somalia's Blue Economy goals by engaging downstream actors in the fisheries value chain. Specifically, the project will directly assist the fishing community in Bossaso by providing access to advanced technical and technological support. Additionally, it will 5 collaborate with policymakers and development partners to identify, promote, and facilitate business, investment, and partnership opportunities within Somalia's Blue Economy. The overarching objective is to "Foster job creation and economic opportunities in Somalia's Blue Economy through inclusive and sustainable fisheries value chain development initiatives." UNIDO will implement the project in partnership with a selected fisheries sector cooperative, to be identified as the project's initial activity. In coordination with the donor and project stakeholders, UNIDO will also collaborate with Federpesca, the Italian National Federation of Fishing Enterprises, to promote Somalia's Blue Economy. This partnership will connect Somalia with potential collaborators in Italy, Europe, and the Mediterranean basin, fostering investment and supporting the sustainable development of Somalia's Blue Economy.
Goals
Sustainable Development Goals this project works towards
Published details
View source- Published by
- AICS - Italian Agency for Cooperation and Development · Government
- Countries
- Somalia
- Sectors
- Fishing policy and administrative managementFishery developmentFishery education/trainingFishery services
- Funded by
- AICS - Italian Agency for Cooperation and Development
- Implemented by
- UNIDO - ORGANIZZAZIONE DELLE NAZIONI UNITE PER LO SVILUPPO INDUSTRIALE
- Accountable
- AICS - Italian Agency for Cooperation and Development
Published by AICS - Italian Agency for Cooperation and Development to the International Aid Transparency Initiative (IATI), last updated 23 Mar 2026 and imported automatically. IATI identifier: XM-DAC-6-4-013315-01-0.
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