Somalia’s 3,300-kilometer coastline, the longest in mainland Africa, holds immense promise with waters rich in tuna, lobster, sardines, and snapper. Experts estimate the fisheries sector could generate $300-$500 million annually if managed effectively, boosting economic growth, job creation, and food security in coastal communities.
Global demand for seafood continues to rise. High-value species like yellowfin tuna are highly sought in Japan and the United States, while lobster and squid are prized in Europe and China. Even smaller fish, such as sardines and mackerel, are valued for both consumption and animal feed production. Somalia’s unpolluted seas also provide an opportunity to position its seafood as eco-certified, unlocking premium global markets.
However, this potential comes with challenges. Citing lessons from other resource-rich nations, Hiiraan Online highlights that without robust management, countries risk resource depletion, corruption, and exploitation. Somalia must establish a system that safeguards its resources and ensures revenues benefit its people.
Call for a Fisheries Authority
Somalia currently lacks a centralized body to regulate its fisheries sector, leaving its waters vulnerable to illegal, unregulated, and unreported (IUU) fishing. To address this, the creation of the Somali Fisheries Resource Management Authority (SFRMA) has been proposed. This independent authority would oversee licensing, enforce compliance, and implement sustainability measures such as marine protected areas and fishing quotas.
Transparency is key to success. The SFRMA would ensure revenues are audited, agreements disclosed, and policies driven by national interests. By strengthening the Somali Coast Guard and utilizing advanced monitoring tools, such as drones and satellite tracking, Somalia can enhance enforcement efforts and protect its Exclusive Economic Zone.
Coastal communities would also play a pivotal role, receiving training in sustainable fishing practices and participating in decision-making processes to ensure equitable sharing of resources.
A Sustainable Future for Somalia’s Fisheries
With decisive action, Somalia can transform its fisheries into a driver of national development. The establishment of the SFRMA would pave the way for sustainable practices, transparency, and community empowerment, ensuring the country’s resources are preserved for future generations. By learning from past mistakes and prioritizing robust governance, Somalia’s seas can become a lasting source of prosperity.