Shuraako Partners With the EU to Boost the Somali Private Sector Through Access to Finance

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.