Somali AgriFood Fund
The Somali AgriFood Fund is a seed capital matching investment fund focused on driving diaspora investments into Somali agriculture and rural businesses. The AgriFood Fund is intended for project sizes from $20,000 to $250,000 with the AgriFood Fund contributing between $8,000 and $100,000.
Shuraako is the Fund Manager for the Somali AgriFood Fund. For more information and to apply, please visit our website: www.somaliagrifood.org/
- 20% owner’s contribution
- 40% diaspora or other investment (minimum of 20% must be from Somali diaspora)
- 40% IFAD AgriFood seed capital (does not require repayment)
Somaliland Youth Enterprise Fund
The Somaliland Youth Enterprise Fund (SYEF) is a $550,000 fund intended for Somaliland entrepreneurs between the ages of 18 to 35. The Fund aims to support 130 youth-owned businesses over a seven year timeframe. The SYEF is intended for project sizes of $1,000 to $25,000. These murabahah loans are intended for entrepreneurs interested in starting their own business or funding existing businesses.
Please contact Shuraako if you are interested in participating in the Somaliland Youth Enterprise Fund.
Other Investment Vehicles
Shuraako Arranged Financing
Shuraako connects Somali micro, small, and medium-sized enterprises (MSMEs) with merit to the capital they need to succeed. We seek responsible investors and lending institutions committed to catalyzing job creation and economic development in Somalia, while receiving reasonable financial returns in accordance to Sharia guidelines. For these investors, Shuraako has developed a strong pipeline of investment opportunities throughout Somalia. For more information, please visit our For Investors page.