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Showing 1214 items for OEF in the Media
July 21,2021

Abu Najiib Fishing Company

Through a Shuraako-brokered investment, Abu Najiib was able to obtain the funds necessary to construct a new processing location in Burao. The investment also allowed the company to procure three additional fishing boats and processing equipment
July 21,2021

Al Faraj Water Supply Company

Through a Shuraako-facilitated investment, the company was able to further expand its clean water service by increasing its production and storage capacity. With the investment, the company was able to dig an additional borehole, construct an additional water tank, and procure a solar water pumping ...
July 21,2021

Al Siha Enterprises

Through a Shuraako-facilitated investment, Al Siha was able to increase the volume and value of its catch through the procurement a 36-meter boat, a navigation system, fishing equipment with 45 tons of cold storage, and a four-ton onboard blast freezer.
July 21,2021

Al-Kawsar Water

A purified water and dairy milk manufacturer. Through a Shuraako-brokered investment, Al-Kawsar was able to drill an additional 220m borehole to increase its water production and provide a continuous water supply for farm and factory.
July 21,2021

Ahmed Egeh Fishing

The owner sought an investment to replace the motor and repair his boat so that he could continue fishing and resume providing for his family.
July 13, 2021

Recently Approved Loans

Shuraako is continuing to approve loans through its Nordic Horn of Africa Opportunities Fund. Recently, Shuraako approved investments into Hafun Fish and Processing Plant and Taayo Engineering Solutions Company (TESCO). Read more about these businesses below.
July 09, 2021

Celebrating Diversity & Inclusion

June is Pride Month and in the U.S. we also commemorate “Juneteenth” on June 19th, the marking of the end of slavery in the U.S. Already widely recognized, we applaud the U.S. House of Reps for recently voting overwhelmingly to formalize Juneteenth as a national federal holiday. OEF wants to extend ...
June 17, 2021

Peace Field Peers Agree: Evidence-Based Practice Is Key

OEF and Alliance for Peacebuilding released a report last month detailing the findings of a survey of professional peacebuilders on their ideas about evidence-based practice in peacebuilding. The results suggest that despite the debate, the field has a pretty developed understanding of what evidence...
June 16, 2021

Shuraako, Solar, & SHABA: The Impact of Investing in Somali Companies

The demand for clean, fresh water will only continue to grow, and that’s where the success of SHABA comes in. SHABA works to produce and distribute clean water to all of the local Borama citizens. Before SHABA, the local public utility managed the water supply in the city and maintained four borehol...