UNIDO and partners study business opportunities from COVID-19 disruption
MOGADISHU, May 10th 2020 — The federal Ministry of Commerce and Industry (MoCI), the Somalia Chamber of Commerce and Industry (SCCI) and UNIDO are working together to understand the possible implications that a global supply chain disruption could have on Somalia and identify business opportunities in the production of basic food and non-food goods, which are currently imported, but that could be instead substituted by a localized low-tech, low-capital and easy-to-start production.
While MoCI and UNIDO had begun analysis in this area before the health crisis, the analysis is now focused on prioritizing the identification of opportunities in starting local production of essential food and non-food items.
Through the network of the UNIDO-supported Enterprise Development Units (EDUs), located in Baidoa, Kismayo and Mogadishu, the UN agency is keen to promote such business opportunities.