Shuraako News

The initiative provides support for small and medium-sized enterprises to help them thrive in the Somali region. Hoden, the project manager in Mogadishu, says this technical assistance and capacity building program is part of a bigger strategy to help solve problems in many sectors of the emerging e...

Mogadishu, April 24, 2024 - The Invest Somalia Conference and Expo has a clear message: the time to invest in Somalia are now. Somalia has demonstrated its readiness to embrace investment, setting the stage for fruitful partnerships and initiatives. Organizers and attendees are focused on paving the...

Mogadishu :  OEF's Shuraako Program recently hosted an inspiring Iftar gathering on March 28th, 2024, at Mogadishu's Paradise Hotel. The event brought together clients, stakeholders, and representatives from various agencies, underscoring a pivotal moment for the program's trajectory and future pros...

Yahye Bakery and Sweets in Hargeisa embarks on a transformative journey propelled by strategic investment from One Earth Future’s Shuraako program. Abdi Khadar Mohamed Osman, the General Manager, tells us about some of the significant milestones achieved through this partnership.

The One Earth Future Somali team recently wrapped up a dynamic two-day retreat in Nairobi, focusing on strategic planning and discussions to enhance their impact in Somalia and Somaliland. Check out this video for an inside look.

One Earth Future and Shuraako are proud to present the short film “Somali Women Cultivating Sustainable Peace”. The film showcases several female farm owners in the Garowe/Puntland region of Somalia supported through Shuraako’s Nordic Horn of Africa Opportunities Fund.

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...

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.

Visionary impact investors in the historic partnership that One Earth Future’s Shuraako program has pioneered through its Nordic Horn of Africa Opportunities Fund will meet next week with clients and partners in Somaliland.

Shuraako hosted Nordic Fund stakeholders from the European Union, IFU, DANIDA, and Norfund in Somaliland from September 19-24, 2021, highlighting the success of the Nordic Fund.

Shuraako hosted the Swedish International Development Cooperation Agency (SIDA), our partner in a low collateral Murabaha program, in Somaliland to meet with participating banks and see the on-the-ground impacts.

Visionary impact investors in the historic partnership that One Earth Future’s Shuraako program has pioneered through its Nordic Horn of Africa Opportunities Fund will meet next week with clients and partners in Somaliland.

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.

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...

Shuraako recently submitted the 2020 Annual Report for the Nordic Horn of Africa Opportunities Fund. Read more to see some of the highlights!