NON OIL EXPORT WORKSHOP PARTICIPANTS` COMMENTS - 3 VIDEO CLIPS
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Post by Trade Coach on Oct 19, 2014 16:12:11 GMT 1
Al-Shabaab's charcoal exports from Kismayo have increased since the Kenya Defence Forces (KDF) took control of the port in September 2012, the United Nations Monitoring Group on Somalia and Eritrea said in its latest annual report released this week. The Monitoring Group found that over one million bags of charcoal are being shipped out of Kismayo monthly. "The total international market value of charcoal exported in 2013 and 2014 can be estimated as upwards of $250 million and could be much more, given that the Group may not have identified all shipments," the report dated Monday (October 13th) said. Though al-Shabaab lost Kismayo in 2012 and a ban on charcoal exports has been in place for years, the militant group is generating more revenue now from charcoal exports than when it controlled the port town, according to the report. "Currently, an estimated average of 20 trucks, each carrying approximately 5 to 12 tons of charcoal, arrives at the port of Kismayo on a daily basis," the report said. "However, the exact number of trucks arriving may vary according to the production and monsoon seasons." Some of the monitoring group's sources said that the KDF and the Interim Jubba Administration's Ras Kamboni militia are in a profit-sharing arrangement with al-Shabaab "enabling the supply chain of the trade to operate seamlessly". Source: allafrica.com/stories/201410170321.html
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