Employing over 50 staff members, one third of which are female, AADCO manufactures a range of paper products, but in an innovative push into environment-friendly entrepreneurship, the company also recently started the first recycling initiative of its kind in Somaliland.
The effects of the COVID-19 pandemic are acutely impacting the Somali private sector, where small businesses are experiencing revenue losses and potential layoffs. However, some Somali entrepreneurs are pivoting their operations and generating new revenue to help maintain their workforces.
New research by One Earth Future identifies the potential for artificial intelligence to improve lending practices in fragile and conflict-affected states.
Earlier this year, president of France Emmanuel Macron put out the call for projects for the first annual Paris Peace Forum, a global platform for analysis of governance projects. One Earth Future’s mission echoes the belief that sustainable peace comes from a global system of networks collaborating together, and One Earth Future is excited to participate in the inaugural Forum this November.
Norfund has, together with Shuraako, a program of One Earth Future, and the Danish development finance institution, IFU, established a USD 10 million fund for supporting small and medium sized companies in Somalia. The Nordic Horn of Africa Opportunities Fund is among the first commercial investment funds for Somalia.
The global diaspora makes a significant contribution to their families back home. The funds they send strengthen communities and can even rebuild countries that are emerging from war.
Tuna play an important role in oceanic ecosystems. Unfortunately, the word's appetite for tuna means their populations are at risk from overfishing.
The Swedish International Development Cooperation Agency represented by the Embassy of Sweden, is announcing a comprehensive partnership with major Somali financial institutions to launch a program that will expand the provision of low collateral loans to small and medium size enterprises throughout the Somali region. The program will be managed and coordinated by Shuraako, a program of One Earth Future.
Khubarada culuumta badda ee Jaamacadda City iyo Secure Fisheries ayaa isla hawl gelinaya mashruucyo cilmi baaris ah oo lagu sahminayo laguna soo bandhigayo macluumaad cusub oo la xiriira bey’adda badaha Soomaaliya, khayraadka dhex ceegaaga.
The private sector has led the way toward supporting, creating, and implementing peace in areas where there is limited government capacity according to panelists at a One Earth Future (OEF) led workshop at the annual Build Peace Conference.