Shuraako News

SIF Logo
September 15, 2017

Investment Forum Declares Somaliland is Open for Business!


BROOMFIELD, Colo.— Shuraako, in partnership with the Somaliland Ministry of Trade & Investment, the Somaliland Ministry of  Energy & Minerals, read more

Somali Farming and Agriculture
September 8, 2017

Agriculture – A Promising Market For The Diaspora

Over the last decade, remittance flows from diaspora communities to their countries of origin have been steadily increasing. In Somaliland, the Somali AgriFood Fund drove diaspora investment in agricultural production and boosted the monthly income of Barwaaqo Marketing and Catering Services read more

Somali Remittances
June 16, 2017

Diaspora Investments Fuel Economies in Fragile States

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 read more

May 9, 2017

Shuraako Participates at African Financial Services Investment Conference

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 read more

Private Investment Somalia
February 28, 2017

Shuraako and GEEL Partner to Expand Private Sector Investment and Create Jobs for Somali Women and Youth

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 read more

Somali Private Sector
December 5, 2016

Somaliland Government Eager to Support Its Thriving Private Sector

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 read more

Powering Progress Somalia
September 22, 2016

Shuraako Announces Powering Progress Fund

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.

read more

Voice of Africa
August 26, 2016

Shuraako Featured on VOA Somali

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 read more



  • artifical intelligence lending africa factsheet

    Could AI Untangle the Puzzle of Enterprise Lending in Fragile States?

    May 5, 2020

    A new fact sheet on leveraging artificial intelligence to enable enterprise lending in fragile and conflict-affected states like Somalia.

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  • WIP Case Studies - Invest in Africa

    WIP! Case Studies

    December 12, 2018

    In partnership with Shuraako and Oxfam, Work in Progress! is a program offering tailored business development services (BDS) to selected medium and small sized enterprises (SME) that demonstrate strong potential for employing women and youth in Somaliland.

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  • Somaliland Investment Forum 2017 Outcome Report

    SIF 2017 Outcome Report

    April 2, 2018

    Shuraako, in partnership with the Somaliland Ministry of Trade and Investment, the Somaliland Ministry of Energy and Minerals, and the Somaliland Chamber of Commerce, hosted the Somaliland Investment Forum 2017 (SIF 2017) September 19–21, 2017.

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  • Somalia Fisheries Forum 2017 Outcome Report

    SFF 2017 Outcome Report

    April 2, 2018

    Shuraako, in partnership with Secure Fisheries, and the Puntland Ministry of Fisheries hosted the Somalia Fisheries Forum (SFF) in Garowe on October 24-26, 2017. The SFF brought together around 600 attendees to discuss ways to strengthen coordination between the Somali federal government and the regional member states, as well the international community, private sector, and NGO community.

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  • Somali Agrifood Case Studies

    Somali AgriFood Fund Case Studies

    June 16, 2017

    These case studies highlight how four businesses in Somalia and Somaliland leveraged investments through the AgriFood Fund to increase production and efficiency.

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  • War and Economy

    Firm Behavior in Fragile States: The Cases of Somaliland, South Sudan, and Eastern Democratic Republic of Congo

    March 29, 2017

    This report, based on field research, documents which features of business work in fragile areas and how businesses operate in regard to strategy, contract enforcement, and other aspects of firm behavior.

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  • SIF Outcome Report

    Somaliland Investment Forum 2016 – Outcome Report

    January 20, 2017

    In September 2016, Shuraako and the Somaliland Ministry of Trade and Investment co-hosted the Somaliland Investment Forum held in Hargeisa, Somaliland. 315 people attending the Forum were able to choose between 20 different sessions to attend.

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  • Somali Diaspora Study

    Somali Diaspora Investment Survey Report & Discussion Brief

    June 16, 2016

    The Somali Diaspora represents a large pool of potential investment capital that could be leveraged for long-term and scaled development in the Somali region. This report assesses the preferences and behaviors of Somali Diaspora toward existing channels and opportunities for Somali-based investments and provides policy recommendations for how to better facilitate crucial investment.

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  • Sustainable Energy Africa

    Powering Progress II: Realizing The Potential Of Renewable Energy In Somaliland, Puntland, And South Central Somalia

    February 1, 2016

    The Somali renewable energy market has some of the largest potential in Africa, but often stakeholders have been working in isolation from each other and from global markets.

    Read More
  • Skilled Work Survey Somalia

    Somali Skilled Workforce Survey Report

    February 1, 2016

    The Somali Renewable Energy Skilled Workforce Survey sought to better understand the current and future labor force needs to effectively grow the Somali renewable energy sector

    Read More