African Fisheries and Agriculture
Shuraako facilitates investment into African fisheries and agriculture, two important sectors that are key to growing the economy and improving livelihoods.
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The farm sells its products to customers in Galkayo, where Kalkaal rents a fruit and vegetable stand. Kalkaal has been operating in Galkayo for many years and has created a large customer base that appreciates the quality the company provides.
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A food grocer in Hargeisa that sells frozen chicken, fresh vegetables, and a seasonal selection of fresh and cooked fish to the two biggest markets in Hargeisa, Somaliland.
Al Fatxi Fishing Company began with a $150 investment to buy fish in Berbera, Somaliland and resell them in Hargeisa. After six months, Mr. Adam opened his first fish shop in Hargeisa and purchased a small fishing boat from which he launched his company’s growth. Today he has three stores – in Hargeisa, Burao, and Berbera – and supplies a fish store in Borama. Learn more at: http://shuraako.org/portfolio/al-fatxi-fishing-company
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It is a prominent fishing corporation in Mogadishu supplying fresh and frozen fish and seafood products to domestic and international markets, including China and Turkey. SMPC secured an investment to procure equipment to improve its cold chain and freezing capabilities
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22 Mixed Farm is situated in Jibgale, a fertile location east of Garowe. The farm provides the surrounding community with an assortment of fruits, vegetables, and dairy milk. Funds were used to dig a deep borehole for consistent water supply and to establish an irrigation system.
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Barwaaqo Marketing and Catering Services (BMCS) is a crop collection, storage, and marketing service serving farmers in six villages throughout the Gabiley District.
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In 2019, Al Nur secured a third Shuraako-brokered investment through the Nordic Horn of Africa Opportunities Fund to increase land utilization with the purchase of two hectares of land for fodder use, drilling of 200-meter borehole complete with irrigation system, a date dehydration machine, and tractor.
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Founded in 2011 and harvests, processes, and markets fresh fish. Financing enabled Buruuj to increase its harvesting and processing capacity by doubling its fishing fleet and building out its cold chain.
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Today, CAFCO has a diversified revenue stream that includes services such as selling fresh fish, selling fuel for fishing boats, repairing and servicing outboard engines, and refilling oxygen tanks for lobster divers.
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Red Sea Fishing Company is a large fishing operation based in Bosaso, Puntland.
