News

Diaspora Investments Fuel Economies in Fragile States
Jun 16, 2017
JUNE 16, 2017—BROOMFIELD, Colo.—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. Each year more than $500 billion is sent... Read More
Challenges and Opportunities for Somaliland's Energy Sector
Jun 13, 2017
Renewable Energy educator Johnny Weiss released a video outlining the challenges and opportunities facing Somaliland's energy sector following the workshop he lead at last year's Somali Renewable Energy Forum hosted by Shuraako. Read More
Mahad Awale Wins Award From Ohio Somali Community
May 16, 2017
Mahad Awale, Country Director of Shuraako, Somalia was honored with a lifetime achievement award from the Somali community in Columbus, Ohio. Mahad was awarded for his commitment to public service and his accomplishments working with the soccer community as both a coach and a mentor. He was recognized for his efforts in organizing a literacy... Read More
Shuraako Participates at African Financial Services Investment Conference
May 9, 2017
In May, Shuraako participated in a panel titled "Investment Opportunities in East Africa’s Financial Services Sector" at the African Financial Services Investment conference in London. The conference brings together African financial services companies and other key participants in Africa's financial services sector.  Read More
Shuraako and GEEL Partner to Expand Private Sector Investment and Create Jobs for Somali Women and Youth
Feb 28, 2017
BROOMFIELD, Colo.—Shuraako, a program of the One Earth Future Foundation (OEF), a U.S.-based NGO focused on creating a more peaceful world, signed a five-year partnership agreement with Growth, Enterprise, Employment and Livelihoods (GEEL) project, to introduce at least 40 efficient technologies and create 5,000 new jobs which provide at least a... Read More
Somaliland Government Eager to Support Its Thriving Private Sector
Dec 5, 2016
The first ever Somaliland Investment Forum-Hargeisa (SIF Hargeisa) was hosted by Shuraako, a program of the One Earth Future Foundation (OEF), in partnership with the Somaliland Ministry of Trade & Investment September 19 – 21, 2016. More than 300 stakeholders, including entrepreneurs, investors, financial institutions, policymakers, donors... Read More
Shuraako Announces Powering Progress Fund
Sep 22, 2016
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. Learn more. Read More
Shuraako Featured on VOA Somali
Aug 26, 2016
Shuraako's work and recent Somali Diaspora Investment Survey were recently featured on Voice of America (VOA) Somali. Director Lee Sorensen and Country Director for Somaliland, Abdikarim Gole, talked about the challenges Somali businesses face, and the importance of a reliable electricity supply.  Forums Shuraako has hosted in Hargeisa explore the... Read More
Presentation: Why Encourage Diaspora Investment?
Jul 29, 2016
The Director of Shuraako spoke at a United Nations meeting on "Diaspora Contribution to Development: Family Remittances," where he emphasized ways to improve investment and leverage remittances from diaspora. Somali diaspora are keen to use innovative ways to invest in their regions of origin, and to support a growing Somali private sector.... Read More
Shuraako Hosts Preliminary Findings of Diaspora Investment Survey
Apr 22, 2016
Shuraako co-hosted a discussion based on preliminary findings of its Somali Diaspora Investment Survey, at George Washington University Center for International Business Education and Research (GW-CIBER). The Somali Minister of Foreign Affairs delivered the keynote address. Learn more about the project and more details from the event. Read More

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