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
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
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.
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.
Shuraako believes in responsible investments that abide by environmental, social, and governance (ESG) standards. Shuraako employs a review and monitoring system to identify and address ESG issues facing each investment.