Kaafi Horn Renewable Energy Company

Kaafi Horn Renewable Energy Company (“Kaafi”) was established in 2012 to provide solar-based products and services to commercial and government clients throughout Somaliland. Kaafi provides its customers with a core “systems” business including light systems, water pump systems and ventilation systems. Kaafi’s B.O.S.S. product was launched 2014 and offers basic solar electrification services such as phone charging, light rental and cooling and freezing services to underserved, rural communities while creating jobs in those communities. A Shuraako-facilitated investment enabled Kaafi to expand its rural solar electrification business infrastructure and purchase spare parts that are used to service active B.O.S.S. units in the field. The investment created 65 new jobs and increased access to solar products and services for many Somalis. 

In June of 2021, Kaafi was approved for an additional loan through the Nordic Horn of Africa Opportunities Fund. The investment will be used to procure a solar system, including solar modules and a direct-drip kit. In addition, the funds will be used to provide training for the installation and upkeep of the solar system, as skilled labor in rural areas can be difficult to acquire. Kaafi's pay-as-you-go system, known as PAYGO, has assisted many of these rural customers in obtaining solar power by ensuring that they are not responsible for all costs upfront. Kaafi will continue to add staff to this program with additional funding, allowing the company to reach more rural areas that are often underserved in the area of solar-generated power.

KAAFI HORN RENEWABLE ENERGY COMPANY COMPANY HIGHLIGHTS

Enterprise Size: Medium
Year Founded: 2012
Project Sector: Renewable Energy
Employees: 133
Previous Financing: Arsenault Family Foundation