Thursday
December 7
2017

Crowdfarming is being used to bring Somalia’s livestock market into the digital economy

Somalia is a global leader in the export of goats and sheep, and livestock trade generates about 40% of the country’s gross domestic product.

Yet almost every other year, recurring droughts and water scarcity take a toll on local pastoralists’ ability to keep their animals live and healthy. In 2017 alone, livestock loss has ranged from 20%-40% in the southern regions and 40%-60% in the north, according to the Food and Agriculture Organization. This threatens the livelihood of the animal farmers and hinders their ability to regularly trade in markets.

But a Sweden-based startup wants to change this by creating a tech-powered livestock market that is open all year round. The goal of Ari.Farm (“Ari” means “goat” in Somali) is to get investors to purchase livestock from locals, injecting much-needed cash into the market and potentially making a profit.

Photo courtesy of P. Casier.

Source: Quartz Africa (link opens in a new window)

Categories
Agriculture, Technology
Tags
agriculture, agtech, digital revolution, farmers, global agriculture, Somalia, startups