Shuraako News

The latest news and events from Shuraako
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June 16, 2017

Diaspora Investments Fuel Economies in Fragile States

Today the world observes International Day of Family Remittances (IDFR), a day to focus attention on the significant financial contributions refugees, immigrants, migrant workers, and diaspora populations make to family members who remain in fragile states around the world.
June 14, 2017

Somali AgriFood Fund

In Somaliland, the arid, desert landscape and limited access to financial resources present many challenges for farmers struggling to make a living in the region’s rural agricultural sector. Barwaaqo, a local fruit and vegetable wholesaler and cooperative, is bringing together a network of farmer...
December 05, 2016

Somaliland Private Sector Poised for Growth

OEF’s Shuraako program hosted the Somaliland Investment Forum in Hargeisa in late 2016, an event that brought together entrepreneurs, investors, policymakers, and other stakeholders to focus on strengthening private sector development and investment.
September 22, 2016

Shuraako Announces Powering Progress Fund

Shuraako, with Dahabshil Bank International and the Arsenault Family Foundation, have teamed up to create the Powering Progress Fund to give micro, small, and medium enterprises that are using renewable energy technology uncluttered access to financing.
August 03, 2016

Powering Progress

In the 21st century access to energy has become a basic human need and foundational to the Somali Region’s economic development, health, and security. “Powering Progress: Renewable Energy in the Somali Region,” takes a closer look at the Somali Region’s energy sector. From the limitations of its cur...
May 04, 2016

Alla Aamin

Alla Aamin is owned by an entrepreneur and managed by a group of professional fishermen. The company has been in operation since 2003 running four small boats and a fish shop in Berbera, Somaliland. Alla Aamin catches fish, fillets them in his shop, and buys fish products from local fishermen.
May 04, 2016

Bulaale Beekeeping

Bulaale Beekeeping is the largest company, within the honey sector, that Shuraako has connected to investors. Bulaale is situated in an ideal environment for beekeeping, in the Gabilay region, due to the abundance of forage. Bulaale is also located close to its main market, Hargeisa, and within prox...
February 20, 2016

Somali Renewable Energy Forum 2016

OEF’s Shuraako program hosted the Somali Renewable Energy Forum 2016 in Hargeisa, Somaliland in collaboration with the Somaliland Ministry of Energy on February 20-23, in response to local demand. Participants had the opportunity to network with international industry leaders, attend expert panels a...
February 15, 2016

22 Mixed Farm

22 Mixed Farm is situated in Jibgale, a fertile location 22 km east of Garowe. The Farm has been in operation since 1995 and provides the surrounding community with an assortment of fruits, vegetables, and dairy milk.
February 13, 2016

Hodan Fishing

Hodan Fishing is based in Eyl, Somalia. The cooperative provides Nugaal and Mudug regions with fresh fish.