As 2022 begins, Shuraako continues to provide Nordic Horn of Africa Opportunities Fund loans for businesses in the Somali region that are building markets and livelihoods in several important sectors. With a focus on companies that provide youth employment and utilize renewable energy, Shuraako rece...
In Caracol Radio's "En Familia" program, Judith Sarmiento spoke with Juan Fernando Lucio, director of PASO Colombia, and María Paz, a member of the La Montaña - Voluntad de Paz brand, about decent work and economic development for reincorporation In colombia.
ILO Tango is a powdered-drink manufacturing company established in 2002. After the collapse of light industry in 1991, businesses in Somaliland focused their efforts on importing finished products, rather than producing goods locally
Asal Builders LTD (“ABL”) is a construction and engineering company founded in 2012. ABL is youth-owned and managed by professional engineers offering services such as rehabilitation construction and architectural consultations.
Puntland Petroleum is the largest distributor of diesel, petrol, and cylinder gas in Puntland. The company sells its products to residential homes, businesses, and government agencies.
Hafun Fish and Processing Plant (“HFPP”) is a significant influencer of the fishery industry, owning the only cold-chain facility in Hafun, Somalia, where it processes and distributes marine products from local fishermen.
Som Plastic Industry (“Som Plastic”) manufactures plastic housewares and furniture in Mogadishu. The company uses locally sourced raw materials, providing an incentive for Mogadishu residents to recycle their plastics by paying $0.25 per kilogram of material.
Sun Fishing is a growing fishing company located in Berbera, with an additional branch in Hargeisa. The company owns another plot of land in Berbera for future expansion and plans to further expand into a border city of Ethiopia.
Somali Water Development Union Company (SWDUC) was founded in 2017 through a merger of individual borehole owners in order to combine capital and expand. SWDUC pipes water to households and businesses in three districts in Somalia.
As a program of the One Earth Future Foundation, Shuraako believes that women play a vital role in sustaining a more peaceful world. Shuraako tracks the addition of jobs for women for each of the companies with which we work through midterm progress reports.
