United Nations
Somalia and Yemen Development Programme (SYDP) on Banking and Artisanal Fisheries
by Indian Ocean Rim Association (Intergovernmental organization)
The fisheries sector represents an important source of income, which can also contributes to job creation, food security and poverty alleviation in both Yemen and Somalia. However, with the constraints of reduced or depleting fish stocks, degrading environment and increasing population pressure, it is of prime importance to enhance human and institutional capacities to promote the sustainable development of this sector, as well as sustain its growth and its inclusion in international market through proper financial and microfinance services.

With the challenges and the prevailing situation in the two countries, the IORA Secretariat has been considering possibilities for developing capacity building and developmental programs for trainers and small scale business people from Somalia and Yemen that would effectively address these challenges, with the objective of acquiring the required skills in order to meet their developmental needs. There was immediate interest from Member States with some already indicating an interest to facilitate the training programs in coordination with the Secretariat. The CSO, at its 18th meeting held in Bali on 25-26 October 2017, welcomed the new proposal of the Secretariat on the Somalia-Yemen Special Development Program (SYDP). The proposed program will be managed similarly to the Indian Ocean Rim Sustainable Development Program (ISDP) from the IORA Special Fund.
The aim of this training programme is to enhance the knowledge and capacities of the participants on artisanal fisheries, as well as banking services in support of developing small-scale activities in this sector.

The objectives are:
a) To share information, experience and best practices in artisanal fisheries;
b) To enhance knowledge on fish handling, post-harvest processing, preservation and marketing;
c) To encourage the use of ICT for exchange of information and networking among artisanal fishermen;
d) To facilitate access to microfinance and banking services for artisanal fisheries activities;
e) To promote the development of sustainable artisanal fisheries through appropriate financial services; and
f) To increase market access of artisanal fishermen through improved quality of fisheries products.

The envisioned outcomes are:
a) Enhanced knowledge and capacities of participants on sustainable development of artisanal fisheries;
b) Sharing of information, best practices and experience in artisanal fisheries and banking services;
c) Increased knowledge on the use of tools, such as ICT, for information sharing and networking among artisanal fishermen;
d) Improved skills on how to access financial services for developing sustainable artisanal fisheries industry; and
e) Promote the integration of artisanal fisheries in market economies.

Follow-up actions:
The recommendations derived from the training programme would be circulated to IORA Member States, whereby follow-up actions could be proposed by IORA countries. The IORA Secretariat will follow-up with Member States for implementation of the deliverables.
Updates to voluntary commitment
By 2030, increase the economic benefits to Small Island developing States and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture and tourism
Type of commitment
  • Economic benefits from sustainable fisheries
Provide access for small-scale artisanal fishers to marine resources and markets
Type of commitment
  • Access to market-based instruments
  • Transfer of fishing technology
  • Access to coastal fishing grounds
  • Community empowerment for fisheries management
Sharing of information, best practices and experience in artisanal fisheries and banking services in Indian Ocean Rim region
2018 - 2019
Pilot project on developing small-scale seafood processing industry
Staff / Technical expertise
21 delegates from IORA Member States would be funded to attend the training programme
Financing (in USD)
60,000 USD
Staff / Technical expertise
Staffs from the IORA Secretariat and experts from IORA Member States and Dialogue Partners will be mobilised to assist in the implementation of the training programme
In-kind contribution
The host country will provide in kind contribution such as transportation
Basic information
Time-frame: August 2017 - August 2017
United Arab Emirates and other IORA Member States IORA Dialogue Partners
Ocean Basins
  • Indian Ocean
Beneficiary countries
Other beneficaries
Contact information
Bhagirath Kocheril Velayudhan, Ambassador, hq@iora.net, +2304541717
Ebene, Mauritius
Other SDGs
United Nations