Shuraako partners with the EU to boost the Somali private sector through access to finance

somali farmer investments

On February 2, 2021, the European Union launched 3 new projects in support of Somalia’s private sector. One of the projects will contribute 5.5M€ to the Nordic Horn of Africa Opportunities Fund (the ‘Nordic Fund’) which is an impact fund targeting Somali small and medium-sized enterprises. This brings the total funds that Shuraako manages (under the Nordic Fund) to $24 million. Learn more about the launch here.

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