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/ 5 September 2007

Goats and remittances keep Somali economy afloat

Livestock exports and money sent home by Somalis abroad have propped up the Horn of Africa nation’s economy despite a war over the New Year that gave way to an Iraq-style insurgency, the World Bank said on Wednesday. Somalia’s entrepreneurs have learned to thrive despite a lack of government, feuding warlords and an Islamist-led guerrilla war.