Shuraako Capital connects Somali region entrepreneurs to impact capital with aim to foster economic growth, create jobs, and promote stability and peace.

The First and Only Provider of Sharia-Compliant Growth Capital to Small and Medium-Sized Enterprises in the Horn of Africa.

Small and medium enterprises (SMEs) make up 90% of businesses globally and generate the majority of jobs. Yet in fragile and conflict-affected settings, they face major barriers to accessing capital and capacity-building support needed to scale.

Shuraako Capital exists to change that. Our mission is to build a robust support ecosystem for SMEs in fragile and conflict-affected settings through long-term Sharia-compliant growth capital combined with hands on technical assistance. Shuraako means “partnership” in the Somali language, reflecting the way we partner with entrepreneurs to grow their businesses, development partners to leverage private capital to close the SDG financing gap, and impact-focused investors to channel capital into some of the world’s most challenging markets.

Launched in 2013 as a program of the One Earth Future Foundation, we have deep roots in the Somalia Region, where we’ve supported over 200 entrepreneurs to create jobs, expand financial inclusion, and advance climate resilience.

mission.

To create a comprehensive ecosystem of support that enables small and medium-sized enterprises to thrive in fragile and conflict-affected settings.

vision.

A world where small and medium-sized enterprises are a driving force for peace and prosperity.

Facilitated Investment

Experience in Delivering Impactful Capital Investments

We serve businesses that are too large for microfinance yet too small or informal to access foreign capital. Our support helps bridge the financing gap. Their support helps clients formalize operations, improve sustainability, and adopt better governance practices.

Shuraako Capital offers tailored technical assistance to boost long-term resilience, focusing on areas like record-keeping, energy efficiency, staff development, and environmental and social governance.

With deep regional expertise, Shuraako Capital works across diverse sectors—including agribusiness, water, renewable energy, health, and manufacturing—guiding clients and investors to reduce risk and maximize impact.

Facilitated investment
We identify impactful enterprises through on-the-ground due diligence and establish strong relationships.
Private sector development
We convene investors to develop a robust and thriving private sector in the Somali region through impact investing.
Business acceleration
We support and fund entrepreneurs in the market to provide key services and products to enable livelihoods and peace.
Risk Management
By monitoring and measuring how sectors, value chains, customers, and company resilience inter-relate with conflict dynamics, we can better manage risk.

Leadership Team

Shuraako Capital has been operating throughout the Somali peninsula since 2012

Jon Bellish

Executive Director & Chief Operating Officer

Jon Bellish
Mahat Mohamed

Vice President, Horn of Africa

Mahat Mohamed Ahmed
Meghan Bruso

Vice President of Finance & Compliance

Meghan Bruso

Meghan Bruso is the Vice President of Finance & Compliance

Chris Bunka

Vice President of Operations and Administration

Chris Bunka

Chris Bunka is the Vice President of Operations and Administration

Abdirahman Hashi

Somaliland Director of Shuraako

Abdirahman Hashi
Abdirahman Hashi is the Somaliland Director of Shuraako

Board of Directors

Marcel Arsenault

Co-Founder/Board Chair

Marcel Arsenault
Cynda Collins Arsenault

Co-Founder/Board Member

Cynda Collins Arsenault
Alberto C. Vollmer

Board Member

Alberto C. Vollmer
Paul Collier

Board Member

Paul Collier
Mark Paper

Board Member

Mark Paper

Our partners