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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Suudi Fishing Gear and Accessories Company (“Suudi”) has been a pioneer in Somalia’s fishing industry and is the largest supplier of fishing equipment in northern Somalia.
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Somali National Fishing Company (“SNFC”) is a medium-sized fish processing company that started its operations with a goal of providing quality and accessible fish products throughout Somalia.
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A commercial farm that spans over eight hectares with 75 percent of its farmland cultivated. Raaho produces fruits and vegetables, in addition to cash crops. Raaho secured a Shuraako-facilitated investment to further cultivate the land and safeguard the farm against droughts
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The largest seafood processing and cold storage company located in Bosaso, Puntland. Through a Shuraako-facilitated investment, HAFCO was able to hire additional workers and purchase a fish mincing machine, fish skin remover, fish burger machine and more.
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A commercial farm committed to producing sustainable and profitable agricultural crops. Supplies local restaurants, hotels, and households in the region with quality produce sold both wholesale and retail.
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The largest manufacturer of artisanal and commercial-sized fishing boat shells in Somalia. Through a Shuraako-facilitated investment, they were able to have on hand the necessary raw materials to manufacture a stock of approximately 24 to 26 fishing boat body shells
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A 19.5-hectare farm that grows cash crops to supply wholesale to traders in the region’s largest vegetable and fruit markets. Through a Shuraako-facilitated investment, the farm was able to procure 10 greenhouses and continue expanding its produce line with the addition of crops such as fruit trees and out of season production by use of the greenhouses.
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Through a Shuraako-facilitated investment, HAFCO was able to hire additional workers and purchase a fish mincing machine, fish skin remover, fish burger machine, cold room chiller, cooling system for the processing area, and digital thermometer.
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Through a Shuraako-facilitated investment, the farm was able to secure the funds necessary to support its planned production expansion, including the purchase of high-yield, pest-resistant pepper seed varieties.
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Through a Shuraako-brokered investment, the farm was able to procure and install irrigation pipes to connect the water tanks, berkads, and current irrigation system to its crops, thus completing a robust, modern irrigation system and expanding farmland usage.
