Shuraako RFP · portfolio reference

The 38 published client profiles

Everything we hold on each company in Shuraako's live portfolio, now with a full research pass: One Earth Future's legacy project records, Shuraako's own impact stories with the investment figures, and an open-web sweep for websites, social channels, founders and group structure.

Sources: shuraako.org client profiles (WordPress API, 18 Aug 2026) · OEF legacy project pages · 18 Shuraako impact stories · targeted web search per company. The RFP cohort is 26 and the regional split here mirrors the RFP's 13/11/4, so the 26 are almost certainly a subset of these 38. Unconfirmed.

38
profiles
14
women-owned
$5.2m
disclosed investment
10
with a figure published
9
own a website
19
no web presence

What the research changed

These are financed businesses, not corner shops

Shuraako publishes an investment figure for ten of the 38. Those ten alone carry at least $5,246,690, an average of $524,669 each, ranging from $197,766 to $1,200,080. Read it as a floor, not a total: Ijaabo's published figure is only its second-round loan, several companies took repeat loans whose earlier amounts are not published, and the other 28 companies have no figure at all. Every one of them took that money to buy plant: boreholes, cold storage, LPG filling equipment, solar conversion, a second factory. The financial management system is not being installed at businesses that keep a shoebox of receipts; it is being installed where half a million dollars of donor-backed capital is already deployed and needs accounting for. That is the argument for the audit track, and it puts our fee in proportion.

CompanyDisclosed investmentWhat it bought
East Africa Shipping Company$1,200,080Fleet expansion: 20 IVECO trucks, part-funded by $514,320 of its own money
Baidoa Electricity Company$749,990Grid expansion and solar; reached 20% of residents who had no power
Puntland Petroleum Company$700,000New Garowe LPG facility: nine cylinder sets, 12MT tanks, electronic filling, ISO tanks
AADCO Paper Factory$499,6002019 Murabaha; extra building, new product lines, less import dependence
Solargen Technologies$496,127Four new showrooms in high-demand cities; revenue up 35-40% after investment
Tabaarak Company$420,000Machinery and raw materials; headcount up about 30%
AFI Water Supply$413,548Automatic blow-moulding machine with preform auto-feeder, plus raw materials
Somali National Fishing Company$300,000Factory rebuild and cold storage, with USAID GEEL technical support
Soma Chicken Farm$269,579Two investments totalling this figure; equipment and capacity to go from pilot to commercial
Ijaabo Water$197,766A SECOND-round loan: three-storey office building, new freshwater boreholes, more solar. First loan not disclosed, so its total is higher

A real digital-maturity ladder

The sweep produced a readiness signal nobody has to self-report: what each company already runs on the open web.

2 run online ordering (Ijaabo Water, ILO Tango) with product catalogues and prices. 7 more own a working website. 10 live on social media only. 19 have no findable web presence at all.

Every link on this page was fetched on 18 August 2026, which turned up two things a search result alone would have got wrong: Hill Development's own domain is suspended (it redirects to a cPanel account-suspended page) while its four social channels stay live, and baidoaelectric.com has no DNS record at all, so Baidoa Electricity is reachable only at beco.so.

That maps onto the readiness tiers better than any proxy we had. A company already taking orders online has staff who work in systems daily; a company with nothing has to be taught the concept of a record before the concept of a ledger. The assessment should confirm it, not discover it.

Structures that break the one-company-one-instance assumption

Six companies are not single sites. Maandeeq Poultry has a sister company, the only slaughterhouse in Hargeisa. Somali Water Development Union is a federation of individual borehole owners across three districts. Tabaarak runs two factories 700km apart. Solargen operates in five cities including Nairobi, across a border. AFI Water spans Mogadishu, Kismayo and Baidoa. Green Paradise opened a second location on its loan.

Each is a scoping question the ToR does not ask: one company or two, one currency or two, consolidated or separate. Cheap to settle at inception, expensive to discover in month four.

Prior programme experience, which cuts both ways

Several have already been through donor-run business support: Somali National Fishing came with USAID GEEL technical assistance, Sun Fishing had an Oxfam Work in Progress grant, Tayo Uniforms has a published OEF case study and its founder went through a management programme, Barisamaad was profiled by the Danish embassy.

They know what a capacity-building engagement looks like and will measure us against it. Worth naming in the proposal as a reason the coaching model is built around their staff rather than around our reporting.

Named people to work with

The sweep surfaced owner-managers by name: Kaltun Abdiaziz Adam (Green Paradise), Amina Aden Mohamed (Tayo Uniforms), Barlin Shire (Barisamaad), Ahmed Warsame Kaari (Ijaabo), Nemo Yusuf Mohamed (Al-Hayaat), Abdilahi Isse (Tayo Plastic), the Hassan brothers (Al Siha), Dr. Abdisamed (Soma Chicken).

Four of the eight are women running women-owned businesses. Useful for inception scheduling, and a reminder that training lands on named owner-managers, not on an abstract finance function.

Shape of the portfolio

Region
Somaliland18
Puntland10
South Central4
Unspecified3
Multi-region2
Unknown1
Sector
Manufacturing10
Agribusiness9
Renewable Energy8
Fishing5
Water & Sanitation4
Hospitality3
Construction2
Energy1
Enterprise size
Medium20
Small12
Large3
unstated2
Micro1
Digital maturity
None found19
Social only10
Website7
E-commerce2

Master table

CompanySectorRegionSizeWInvestmentDigitalFlags
AADCO Paper FactoryManufacturingSomalilandMedium$499,600WebsiteC1 multi-site
Adeeg Metal WorkshopManufacturingSomalilandMediumSocial onlynew
Al-Hayaat Personal CareManufacturingSomalilandMediumNone foundnew
Art CafeHospitalitySomalilandMicroSocial onlynew C1
Barisamaad FarmAgribusiness, Renewable EnergySomalilandSmallSocial only
Burao Solar SystemsRenewable EnergySomalilandSmallNone foundC1
Crown HotelHospitalitySomalilandMediumWebsite
Dalsan FarmAgribusinessSomalilandSmallNone found
Evergreen FarmAgribusiness, Renewable EnergySomalilandSmallNone foundnew
Hill Development and Construction CompanyConstructionSomalilandMediumSocial onlyC1
ILO TangoManufacturingSomalilandE-commerce
KEEPSWater & SanitationSomalilandMediumNone foundC1
Maandeeq Poultry CompanyAgribusinessSomalilandLargeSocial onlyC1 multi-site
Masno FarmAgribusiness, Renewable EnergySomalilandMediumNone foundnew
Somali National Fishing CompanyFishingSomalilandSmall$300,000None found
Sun FishingFishingSomalilandSmallNone foundnew
Tayo Household Plastic Factory LtdManufacturingSomalilandSmallSocial onlynew
Tayo Uniforms & EmbroideryManufacturingSomalilandMediumSocial onlynew
Al Baraka Mixed FarmAgribusinessPuntlandSmallNone found
Al Nur Mixed FarmAgribusinessPuntlandMediumNone found
Al Siha EnterprisesFishingPuntlandMediumSocial onlyOdoo
Badmaal Fishing CompanyFishingPuntlandMediumNone foundC1
Horizon Aluminum, Furniture and Decoration CompanyManufacturingPuntlandSmallSocial onlyC1
Kaah Electrical General Trading LLCRenewable EnergyPuntlandMediumNone foundnew C1
Puntland Petroleum CompanyEnergy, Renewable EnergyPuntlandMedium$700,000Social onlyOdoo
Raaho FarmAgribusinessPuntlandSmallNone foundC1
Soma Chicken FarmAgribusinessPuntlandSmall$269,579None found
Tabaarak CompanyManufacturingPuntlandLarge$420,000None foundC1 multi-site
AFI Water SupplyWater & SanitationSouth CentralMedium$413,547WebsiteOdoo new multi-site
Baidoa Electricity CompanyRenewable EnergySouth CentralLarge$749,990WebsiteC1
Green Paradise HotelHospitalitySouth CentralSmallWebsiteC1
Ijaabo WaterWater & SanitationSouth CentralMedium$197,766E-commercenew
Solargen TechnologiesRenewable EnergyMulti-regionMedium$496,127Websitemulti-site
Somali Water Development Union CompanyWater & SanitationMulti-regionMediumWebsitemulti-site
Ardo Fishing CompanyFishingUnspecifiedMediumNone found
Asal Builders LTDConstructionUnspecifiedMediumNone found
Daryeel Modern IndustryManufacturingUnspecifiedMediumNone found
East Africa Shipping CompanyManufacturingUnknown$1,200,080None foundnew bad data

Somaliland 18

AADCO Paper Factory

Manufacturing Website Cohort 1 (illustrative)

Disclosed investment $499,600

Enterprise size
Medium
Founded
2013
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
84
Employees (OEF)
62
Shuraako fund
NHAOF,AFF
Prior financing
not published
In 2023 harvest
yes
Found online

aadcopaper.com

Own product-catalogue website (A4/A3/A5 paper, exercise and spiral notebooks, BOPP packaging tape, paper egg trays). Part of AADCO Group, which also runs livestock export and general trading and dates to 1973. Manufactures from recycled materials; 90% of sales inside Somaliland. Covered by Hiiraan in 2013 as Somalia's first paper factory.

Structure AADCO Group (livestock export, general trading, since 1973)

Shuraako story From Small Paper Manufacturer to Major Industry Player (2025-04-01)

Shuraako profile text

Founded in 2013, AADCO Paper Factory (“AADCO”) is based in Hargeisa, Somaliland. AADCO manufactures paper products. In 2013 the factory had 18 staff members producing 1,000 cartons of A4 printing paper and 3,600 cartons of exercise books. in 2017 they expanded to 52 staff members producing 10,239 cartons of A4 printing paper and 36,060 cartons of exercise books. In 2018, AADCO was approved for additional funding through the Nordic Horn of Africa Opportunities Fund to expand AADCO’s manufacturing capacity through the construction of an additional building within its current facility. The NHAOF investment is also supporting AADCO in introducing new products, such as university notebooks, and reducing the company’s dependence on imported color print covers. AADCO prides itself on creating and sourcing materials locally, unlike the majority of its competitors, and 90% of AADCO’s sales are within Somaliland. The investment from the Nordic Horn of Africa Opportunities Fund is allowing AADCO to strengthen its local impact, creating jobs and high-quality products in local markets.

OEF legacy record

Founded in 2013, AADCO Paper Factory (“AADCO”) is based in Hargeisa, Somaliland. AADCO manufactures exercise books and A4 printing paper. In 2013 the factory had 18 staff members producing 1,000 cartons of A4 printing paper and 3,600 cartons of exercise books. in 2017 they expanded to 52 staff members producing 10,239 cartons of A4 printing paper and 36,060 cartons of exercise books. In 2018, AADCO was approved for additional funding through the Nordic Horn of Africa Opportunities Fund to expand AADCO's manufacturing capacity through the construction of an additional building within its current facility. The NHAOF investment is also supporting AADCO in introducing new products, such as University notebooks, and reducing the company’s dependence on imported color print covers. AADCO prides itself on creating and sourcing materials locally, unlike the majority of its competitors, and 90% of AADCO's sales are within Somaliland. The investment from the Nordic Horn of Africa Opportunities Fund is allowing AADCO to strengthen its local impact, creating jobs and high-quality products in local markets.

source →

shuraako profile →

Adeeg Metal Workshop

Manufacturing Social only
Enterprise size
Medium OEF: Small
Founded
1998
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
69
Employees (OEF)
35
Shuraako fund
not published
Prior financing
Arsenault Family Foundation
In 2023 harvest
no — new to us
Found online

facebook.com

Supplies the national Fuel Storage Facility at Berbera Port. Products span fuel/water tanks, tanker-truck cylinders, truck and trailer bodies, steel house frames and fixtures. Featured by The Somalia Investor Magazine. 2015 Arsenault Family Foundation loan for fabrication and welding equipment.

Shuraako profile text

Adeeg Metal Workshop is a privately-owned company established in 1998 in Hargeisa, Somaliland to manufacture, install and repair fuel/water tanks and has since expanded its services to several industries, such as construction and automotive. The company customizes tanks for fuel stations, cylindrical tanks for tanker trucks, water tanks, and large tanks for underground installations. They received a loan from the Arsenault Family Foundation (AFF) in 2015 for the purchase of metal fabrication and welding equipment. After repaying that loan they received a second loan from the Nordic Fund for land, additional storage space and raw materials.

OEF legacy record

Adeeg Workshop (“Adeeg”) is a metal fabrication and repair company in Hargeisa, Somaliland. Adeeg was established in 1998 as a small-scale factory producing, servicing and repairing large metal tanks (water storage) and other metal equipment. The Company’s other products include truck/trailer bodies, modifications to truck/trailer steel structures, steel frames for housing, and steel fixtures and furniture. Adeeg has secured prominent clients –for example, the national Fuel Storage Facility at the Berbera Port – due to its proven and quality work. Adeeg’s growing demand was hampered by their production capacity. Adeeg received investment capital in 2015 for the purchase of modern metal fabrication equipment which allowed more efficient and greater varieties in production. With the new equipment, Adeeg projects a 73 percent increase in water tank production, which will be carried out with the aid of 18 new highly skilled jobs. An additional 2018 investment from the Nordic Horn of Africa Opportunities Fund allowed Adeeg to procure modern metal fabrication and welding equipment, thereby increasing its production capacity.

source →

shuraako profile →

Al-Hayaat Personal Care

Manufacturing Women owned None found
Enterprise size
Medium
Founded
2021
Region / sites
Somaliland
Jobs figure (site)
55
Employees (OEF)
not published
Shuraako fund
not published
Prior financing
not published
In 2023 harvest
no — new to us
Found online

nothing found

No OEF project page and no independent web presence found. Founded by Nemo Yusuf Mohamed, a diaspora returnee from Canada. Manufactures shampoos and clothing detergents from imported raw materials for the Somaliland market. The newest company in the portfolio (2021).

People Nemo Yusuf Mohamed (founder, diaspora returnee)

Shuraako profile text

Al-Hayaat Personal Care manufactures and sells shampoos and clothing detergents in the Somaliland market. Nemo Yusuf Mohamed, a diaspora returned from Canada to start this business. The company currently operates a factory specializing in the production of personal care products, with a primary focus on various hair shampoo formulations by importing premium raw materials and intermediaries. They offers a locally produced alternative to imported shampoos at a lower cost that is made with ingredients that meet the needs of the local market.

shuraako profile →

Art Cafe

Hospitality Social only Cohort 1 (illustrative)
Enterprise size
Micro
Founded
2019
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
25
Employees (OEF)
14
Shuraako fund
not published
Prior financing
not published
In 2023 harvest
no — new to us
Found online

facebook.com · tripadvisor.com

Somali and Mediterranean menu with rare outdoor dining space for Hargeisa; hosts art exhibitions and cultural events. Runs breakfast, dinner and pre-ordered lunch services. Listed on TripAdvisor and local guides.

Shuraako profile text

Art Café is a restaurant serving Somali and Mediterranean cuisine in Hargeisa. The restaurant is unique in its layout for having open outdoor space for dining, which is rare among restaurants in Hargeisa. Art Café runs a breakfast service, a dinner service, and pre-ordered lunches. Additionally, the restaurant serves coffee, tea, and snacks outside of service hours. Recently, Art Café decided to begin hosting a regular lunch service and built a second kitchen.

OEF legacy record

Art Café is a restaurant serving Somali and Mediterranean cuisine in Hargeisa. The restaurant is unique in its layout for having open outdoor space for dining, which is rare among restaurants in Hargeisa. Art Café runs a breakfast service, a dinner service, and pre-ordered lunches. Additionally, the restaurant serves coffee, tea, and snacks outside of service hours. Recently, Art Café decided to begin hosting a regular lunch service and built a second kitchen in anticipation of this service. Art Café was approved for an investment from the Nordic Horn of Africa Opportunities Fund to build and furnish two additional dining halls. The halls will be used to host events such as board meetings and weddings, as well as accommodate additional guests for dinner and the upcoming lunch services.

source →

shuraako profile →

Barisamaad Farm

Agribusiness Renewable Energy Women owned Social only
Enterprise size
Small
Founded
2014
Region / sites
Somaliland OEF: Bursalax
Jobs figure (site)
70
Employees (OEF)
not published
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Found online

facebook.com

Founded 2014 by Barlin Shire, a Somali woman. Commercial farm at Bursalax supplying restaurants, hotels and households wholesale and retail. Profiled by the Danish embassy (Denmark in Kenya), which points to donor visibility beyond Shuraako.

People Barlin Shire (founder)

Shuraako profile text

Founded in 2014, Barisamaad Farm is a commercial farm in Bursalax committed to producing sustainable and profitable agricultural crops. Barisamaad supplies local restaurants, hotels, and households throughout Mudug with produce sold both as wholesale and retail.

OEF legacy record

Barisamaad Farm (“Barisamaad” or “the Farm”) is a commercial farm that was founded by a woman named Barlin Shire in 2014. She continues to own and operate the farm, cultivating six of its 200 hectares through sustainable means. The Farm supplies local businesses and households with fresh, high-quality produce sold via wholesale and retail. Through a loan from the Nordic Horn of Africa Opportunities Fund, the Farm was able to dig a 190m borehole, construct a solar system, and purchase and install a drip irrigation system to cultivate 100 additional hectares of land. Barisamaad intends to cultivate a minimum of 3 hectares per year until all 200 hectares are cultivated. The borehole will be the main source of water for irrigation particularly during the dry season and will ensure the availability of water throughout the year. The solar system will power the pumping of water from the borehole, and the drip irrigation system will maximize the utilization of water resources.

source →

shuraako profile →

Burao Solar Systems

Renewable Energy None found Cohort 1 (illustrative)
Enterprise size
Small
Founded
2010
Region / sites
Somaliland OEF: Burao
Jobs figure (site)
12
Employees (OEF)
20
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

Installs solar for offices, warehouses and homes, plus phone charging, cold storage and solar pumping for rural wells and boreholes. Planned a pay-as-you-go collection model for rural customers, which implies per-customer billing. Distinct from 'Burco Computers And Solar System', a separate local retailer.

Shuraako profile text

Established in 2010, Burao Solar System installs renewable energy systems for offices, warehouses, and residences. Alternative sources of power are expensive in larger cities, and rare in rural areas. Burao Solar System provides phone charging, cold storage products, and solar pumping systems for wells and boreholes in rural villages. The company was approved for a loan from the Nordic Horn of Africa Opportunities Fund to purchase solar panels, batteries, and inverters, enabling Burao Solar System to expand their business operations further into remote areas to reach more consumers and implement a pay-as-you-go service to collect payments from rural consumers. The investment also allows them to hold ample inventory to lend to their customer base.

OEF legacy record

Established in 2010, Burao Solar System installs renewable energy systems for offices, warehouses, and residences. Alternative sources of power are expensive in larger cities, and rare in rural areas. Burao Solar System provides phone charging, cold storage products, and solar pumping systems for wells and boreholes in rural villages. The company was approved for a loan from the Nordic Horn of Africa Opportunities Fund to purchase solar panels, batteries, and inverters. These products will enable Burao Solar System to expand their business operations further into remote areas to reach more consumers. Burao Solar System plans to implement a pay-as-you-go service to collect payments from rural consumers and believes the investment will allow them to hold ample inventory to lend to their customer base.

source →

shuraako profile →

Crown Hotel

Hospitality Women owned Website
Enterprise size
Medium OEF: Large
Founded
1992 OEF: 2008
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
72
Employees (OEF)
not published
Shuraako fund
unstated
Prior financing
not published
In 2023 harvest
yes
Found online

crownhotelhargeisasomaliland.com · instagram.com · facebook.com · tiktok.com

Own website plus active Instagram and TikTok. 38 en-suite rooms at Jigjiga Yar, near the National Fuel Station; large event and wedding business, big parking and outdoor mundullo seating. Phone 063 4428600. Founding year conflicts: the hotel's own site says built in the early 1990s, Shuraako's live profile says 1992, OEF's older record says 2008.

Shuraako profile text

Crown Hotel is located on the west side of Hargeisa city the capital of Somaliland. In addition to its accommodations and in-house restaurant, the hotel has become very popular for events in Hargeisa such as weddings and other ceremonies. Crown Hotel has a reputation for making everyone feel welcome and has a simple passion for good service, comfort and delicious food. They are also planning to open a day spa and beauty salon.

OEF legacy record

(“Crown”) was established as a spinoff from the success of the owner’s first company, London Beauty Supply (“LBS”), which is still in operation to this day. In addition to its accommodations and in-house restaurant, Crown has become very popular for events in Hargeisa such as weddings and ceremonies. The company wanted to find a way to expand its services to better cater to its female clientele, especially during events, by redesigning the available space in its current hotel to include a new day spa and salon on premises, which can service clients who otherwise would need to travel 3 kilometers away to LBS or to a competitor. Through a Shuraako-brokered investment, the company was able to obtain the funds necessary to renovate the hotel space, install an elevator, and purchase equipment, supplies, and decorative items for the day spa and beauty salon expansion.

source →

shuraako profile →

Dalsan Farm

Agribusiness Women owned None found
Enterprise size
Small OEF: Micro
Founded
2018
Region / sites
Somaliland OEF: Burao, Togdheer
Jobs figure (site)
36
Employees (OEF)
10
Shuraako fund
NHAOF,AFF
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

No independent web presence found. Established Burao 2018 for produce and dairy in the Togdheer region. OEF classes it Micro with 10 employees against the live profile's 36 jobs.

Shuraako profile text

Dalsan Farms Company was established in Burao in 2018 with the vision of meeting consumer demand for the quality produce and dairy products in Togdheer region in Somaliland. The farm is comprised of 100 hectares of land, 4 water ponds with a catchment volume of ~ 14,000 barrels, two rooms for the farm staff retrofitted with a solar panels for lighting, and two trucks. The farm has 640 fruit plants that grow lemons, orangse, mangos, guava, and papaya. They have cash crops such as onions, chilis, and peppers and sell fresh milk to the growing Burao city population for daily use both mornings and evenings. Dalsan Farms hired a local university horticulturist when starting the farm to help them select a variety of plants to grow and build in-house experience for basic farming techniques.

OEF legacy record

Dalsan Farms Company (Dalsan) is a woman-owned enterprise established in 2018. Dalsan produces and sells cash crops and camel milk to local markets in Burao. The staff farms 100 hectares of land and milks 26 camels. Dalsan prides itself on its participation in the small group of local farms that produce fresh fruits, vegetables, and milk in Somaliland, where much of the market is both expensive and imported. In June 2021, Dalsan was approved for a Nordic Horn of Africa Opportunities Fund loan. The funds are being used to purchase 26 more lactating camels, additional land and seedlings, and begin construction on a dam. This financing means more crop and milk production for the farm, allowing Dalsan to further invest in the local economy through additional purchases of seeds and fertilizer. The funds will also assist Dalsan in continuing to meet the immense demand for fresh produce and milk in Burao.

source →

shuraako profile →

Evergreen Farm

Agribusiness Renewable Energy Women owned None found
Enterprise size
Small
Founded
2017
Region / sites
Somaliland OEF: Arabsiyo
Jobs figure (site)
24
Employees (OEF)
not published
Shuraako fund
not published
Prior financing
not published
In 2023 harvest
no — new to us
Found online

nothing found

No independent web presence found. Arabsiyo, in Gabiley District. Nordic Fund loan used for a tractor and a delivery vehicle, so it runs its own distribution.

Shuraako profile text

is based in the Arabsiyo area in Somaliland. The loan from the Nordic Fund facilitated by Shuraako is being used to purchase equiptment including a tractor and delivery truck, 3000 mature seedlings, solar panels to upgrade their power system, solar submersible pumps with 2 solar pump inverters, and drip irrigation pipes.

shuraako profile →

Hill Development and Construction Company

Construction Social only Cohort 1 (illustrative)
Enterprise size
Medium
Founded
2018
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
52
Employees (OEF)
92
Shuraako fund
NHAOF,AFF
Prior financing
not published
In 2023 harvest
yes
Found online

instagram.com · facebook.com · youtube.com · tiktok.com

The most socially active company in the portfolio - Instagram, Facebook, YouTube, TikTok and a SomaliJobs employer profile. A design-and-build firm covering architecture, interior and structural design, construction management and contracting, plus real estate and materials; more than 30 structures built in Hargeisa by January 2022. NOTE, checked 18 Aug 2026: its own domain hilldevelopmentinc.com resolves but every request redirects to a cPanel account-suspended page, so the website is down while the social channels stay live.

Shuraako profile text

Hill Development and Construction Company was established in 2018 with the objective of providing quality commercial buildings and affordable housing in Somaliland. As of January 2022, the company built more than 30 structures in Hargeisa. Hill Development and Construction Company is a leader in building technology, creating 3D renderings of proposed projects, and constructing stronger walls to account for the soft soil that leads to cracking walls in many buildings in the region. Hill Development and Construction Company has been increasing the number of projects they take on for their consumer base, which consists of government agencies, private companies, and individuals. With an investment from the Nordic Horn of Africa Opportunities Fund, the company can purchase machinery, spare parts, formwork, tools, raw materials, and transportation to help fulfill this demand.

OEF legacy record

Hill Development and Construction Company Hill Development and Construction Company was established in 2018 with the objective of providing quality commercial buildings and affordable housing in Somaliland. As of January 2022, the company built more than 30 structures in Hargeisa. Hill Development and Construction Company is a leader in building technology, creating 3D renderings of proposed projects, and constructing stronger walls to account for the soft soil that leads to cracking walls in many buildings in the region. Hill Development and Construction Company hopes to increase the number of projects they take on for their consumer base, which consists of government agencies, private companies, and individuals. With an investment from the Nordic Horn of Africa Opportunities Fund, the company plans to purchase machinery, spare parts, formwork, tools, raw materials, and transportation to help fulfill this goal.

source →

shuraako profile →

ILO Tango

Manufacturing E-commerce
Enterprise size
not published
Founded
2001 OEF: 2002
Region / sites
Somaliland
Jobs figure (site)
57
Employees (OEF)
86
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Found online

ilotango.net

Runs an online shop with individual product pages and pack sizes (Vimto mixed-berry sachets, 2.5kg cocktail drink powder, mango and orange). Founded by an entrepreneur called Hassan to replace imported powdered drinks. Sells wholesale to retailers, supermarkets, restaurants and fuel stations, and exports across Somalia, Ethiopia and Djibouti, which makes it one of the largest powdered-drink manufacturers in the Horn of Africa. Listed in the EasyPriceBook Somalia directory.

People Hassan (founder)

Shuraako profile text

ILO Tango is a powdered-drink manufacturing company established in 2002. After the collapse of light industry in 1991, businesses in Somaliland focused their efforts on importing finished products, rather than producing goods locally. An entrepreneur named Hassan noticed that the high demand for fruit-flavored powdered drink mixes outpaced the availability of the then-imported supply, and founded ILO Tango to address this gap. ILO Tango sells its products wholesale to retailers, supermarkets, restaurants, and fuel stations. Through a loan from the Nordic Horn of Africa Opportunities Fund, ILO Tango purchased four new machines and raw materials to expand its production capacity.

OEF legacy record

ILO Tango is a powdered-drink manufacturing company established in 2002. After the collapse of light industry in 1991, businesses in Somaliland focused their efforts on importing finished products, rather than producing goods locally. An entrepreneur named Hassan noticed that the high demand for fruit-flavored powdered drink mixes outpaced the availability of the then-imported supply, and founded ILO Tango to address this gap. ILO Tango sells its products wholesale to retailers, supermarkets, restaurants, and fuel stations. The company has been in business for 19 years using the same equipment as the day production began. In addition to the need for updated machinery, ILO Tango has experienced an increase in the demand for its drink mixes. Through a loan from the Nordic Horn of Africa Opportunities Fund, ILO Tango plans to purchase four new machines and raw materials to expand its production capacity.

source →

shuraako profile →

KEEPS

Water & Sanitation None found Cohort 1 (illustrative)
Enterprise size
Medium
Founded
2012
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
503
Employees (OEF)
235
Shuraako fund
NHAOF
Prior financing
Arsenault Family Foundation Kafi Enterprise for Environment
In 2023 harvest
yes
Found online

nothing found

Kaafi Enterprise for Environmental Protection and Sanitation, and one of Shuraako's very first clients, with a 2014 investment in heavy waste-handling and transport equipment. Operates against a backdrop where only about 65% of Hargeisa's daily waste is collected. Appears in academic work on Hargeisa waste management and in the Logistics Cluster's Somalia waste-provider assessment.

Shuraako profile text

) Kaafi Enterprise for Environmental Protection and Sanitation (“KEEPS”) is one of Shuraako’s first clients. It has been operating as a waste management service in Somaliland since 2012 when only 65% of the daily waste generated in Hargeisa was being collected due to inefficient equipment. To address this problem, KEEPS sought to increase its capacity and productivity through the acquisition of modern waste handling and disposal equipment. A 2014 Shuraako-brokered investment supported K.E.E.P.S. in increasing its municipal solid waste services by procuring heavy equipment and transportation. In 2019, after the successful repayment of its first loan, K.E.E.P.S. secured additional financing from the Nordic Horn of Africa Opportunities Fund to expand its construction services capacity with the purchase of additional heavy equipment. These funds are enabling KEEPS to deploy two additional fleets of heavy machinery, increasing garbage collection, water development, and disposal services. The benefits of increasing these services include additional access to safe drinking water, improved sanitation in public spaces, and local job creation. Over half of K.E.E.P.S.’s permanent jobs are occupied by women, and its compensation is competitive. K.E.E.P.S. employees also take advantage of training and capacity-building events hosted with one of Shuraako’s partners, DANIDA. These events help small and medium enterprises like K.E.E.P.S. offer their employees opportunities to learn more about Shuraako loans, build new skills, and network with other companies in the region.

OEF legacy record

Kaafi Enterprise for Environmental Protection and Sanitation (“KEEPS”) is one of Shuraako's first clients. It has been operating as a waste management service in Somaliland since 2012. According to recent studies, only 65% of the daily waste generated in Hargeisa is collected due to inefficient equipment. To address this problem, KEEPS sought to increase its capacity and productivity through the acquisition of modern waste handling and disposal equipment. A 2014 Shuraako-brokered investment supported KEEPS in increasing its municipal solid waste services by procuring heavy equipment and transportation. In 2019, after the successful repayment of its first loan, KEEPS secured additional financing from the Nordic Horn of Africa Opportunities Fund to expand its construction services capacity with the purchase of additional heavy equipment. These funds are enabling KEEPS to deploy two additional fleets of heavy machinery, increasing garbage collection, water development, and disposal services. The benefits of increasing these services include additional access to safe drinking water, improved sanitation in public spaces, and local job creation. Over half of KEEPS's permanent jobs are occupied by women, and its compensation is competitive. K.E.E.P.S. employees also take advantage of training and capacity-building events hosted by One Earth Future and one of our partners, . These events help small and medium enterprises like K.E.E.P.S. offer their employees opportunities to learn more about Shuraako loans, build new skills, and network with other companies in the region.

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Maandeeq Poultry Company

Agribusiness Women owned Social only Cohort 1 (illustrative)
Enterprise size
Large OEF: Small
Founded
2015
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
100
Employees (OEF)
42
Shuraako fund
NHAOF
Prior financing
Arsenault Family Foundation
In 2023 harvest
yes
Found online

facebook.com

The only large-scale poultry farm in Somaliland, selling wholesale eggs, feed and chickens where every competitor imports. GROUP STRUCTURE: sister company to Mandeeq slaughterhouse, the only slaughterhouse in Hargeisa, which matters for how books are kept. Took a 2016 investment for 18,000 more laying birds plus feed processing and storage, then 2018 NHAOF funding for six more hectares.

Structure Sister company: Mandeeq slaughterhouse (Hargeisa)

Shuraako profile text

Maandeeq Poultry Company (“Mandeeq”) was established in Hargeisa in 2015 and is the only large-scale poultry farm in Somaliland. The attention paid to production, breeding, nutrition, and healthcare have made Maandeeq’s poultry products affordable and fit for daily consumption. They off eggs, spent chickens, manure and ready feed for sale, with most of its revenue generated from the sale of eggs. The facility includes a multi-purpose building, a feed processing mill, feed storage area, a solar energy system, and a variety of equipment and machinery.

OEF legacy record

(“Mandeeq”) was established in Hargeisa in 2015 and is the only large-scale poultry farm in Somaliland. It sells fresh wholesale eggs, feed, and chickens to local Somaliland markets, where all other competitors import their products.  Maandeeq is the sister company to Mandeeq slaughterhouse, the only slaughterhouse in Hargeisa. After a year of proven operations and sales, Mandeeq aims to expand its operations to meet the local demand for fresh poultry products. In 2016, Maandeeq secured a Shuraako-facilitated investment to increase production and expand its operations by an additional 18,000 egg-producing chickens. The investment also supported Mandeeq to install additional commercial flock house as well as feed processing equipment and storage facility, which enabled Maandeeq with the tools to blend a specific ratio of feed and supplements for its chickens. In 2018, after the successful repayment of its first loan, Maandeeq secured additional financing from the Nordic Horn of Africa Opportunities Fund to expand operations with an additional six-hectares of land.

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Masno Farm

Agribusiness Renewable Energy Women owned None found
Enterprise size
Medium
Founded
2017
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
28
Employees (OEF)
not published
Shuraako fund
not published
Prior financing
not published
In 2023 harvest
no — new to us
Found online

nothing found

No OEF project page and no independent web presence found. Founded 2017 by Ardo, a returnee from Canada, on 55.9 hectares of which about 4 are cultivated, using greenhouses.

People Ardo (founder, returnee from Canada)

Shuraako profile text

Masno Farm (The Farm) was established in 2017 by Ardo after moving from Canada. Masno Farm has 55.911 hectares of land in which 4 hectares of the farm are cultivated. Ardo started the business after realizing opportunities available in agribusiness in selling fruits and vegetables in local markets. The Farm is located in Hora-haadlay 28KM north of Hargeisa, which is a prime area for farming. Masno Farm’s current produce includes lettuce, cabbage, spinach, tomatoes, peppers, eggplants, carrots, beetroot, onions, watermelon, sweet melon, chili, avocado, guanabana (soursop) and papaya.

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Somali National Fishing Company

Fishing None found

Disclosed investment $300,000

Enterprise size
Small
Founded
2002
Region / sites
Somaliland OEF: Berbera
Jobs figure (site)
107
Employees (OEF)
not published
Shuraako fund
NHAOF,AFF,WEE,AgriFood,SYEF
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

Connects fishing cooperatives to domestic and international markets and is one of the country's largest fish exporters. By 2015 its plant and equipment were failing; the 2020 investment rebuilt the factory and added cold storage. Notably it came with technical support from USAID's GEEL project, so the company has already been through a donor-run business-development programme.

Shuraako story Empowering Somalia’s Fishing Industry (2025-01-02)

Shuraako profile text

Founded in 2002, 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. Since then, SNFC has grown to become one of the largest fish exporters in the country, offering quality fish products internationally. The company also owns a processing center where the catch is inspected and processed. In addition, the company owns a freezer-equipped retail store geared toward attracting households and individual consumers. In 2019 SNFC sought to continue growing its production capacity and worked with Shuraako to procure two 10.5m fishing boats, 4,000 m2 of land, two refrigerated storage containers, and packaging material for further expansion of the company. Through the Shuraako-brokered investment, SNFC has been able to use the land as additional space for cool storage and for dry fish processing, as production volumes increased.

OEF legacy record

that started its operations with a goal of providing quality and accessible fish products throughout Somalia. Since then, SNFC has grown to become one of the largest fish exporters in the country, offering quality fish products internationally. The company also owns a processing center where the catch is inspected and processed. In addition, the company owns a freezer-equipped retail store geared toward attracting households and individual consumers. In 2019 SNFC sought to continue growing its production capacity and worked with Shuraako to procure two 10.5m fishing boats, 4,000 m2 of land, two refrigerated storage containers, and packaging material for further expansion of the company. Through the Shuraako-brokered investment, SNFC was able to use the land as additional space for cool storage and for dry fish processing, as production volumes increased.

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Sun Fishing

Fishing None found
Enterprise size
Small OEF: Micro
Founded
2014
Region / sites
Somaliland OEF: Berbera, Hargeisa
Jobs figure (site)
64
Employees (OEF)
14
Shuraako fund
not published
Prior financing
Oxfam WiP
In 2023 harvest
no — new to us
Found online

nothing found

Berbera-based with a second branch in Hargeisa, another Berbera plot held for expansion, and plans to open in an Ethiopian border city. NHAOF loan for boats, supplies and cold storage; previously supported by Oxfam's Work in Progress grant, so it has prior donor-programme experience.

Shuraako profile text

Sun Fishing is a growing fishing company located in Berbera, with an additional branch in Hargeisa. The company plans to further expand into a border city of Ethiopia. Past support for the company includes a Shuraako-sponsored grant. To support its expansion, Sun Fishing applied and was approved for a loan from the Nordic Horn of Africa Opportunities Fund to purchase additional boats, fishing supplies, cold storage and hire new staff.

OEF legacy record

Sun Fishing is a growing fishing company located in Berbera, with an additional branch in Hargeisa. The company owns another plot of land in Berbera for future expansion and plans to further expand into a border city of Ethiopia. Past support for the company includes Shuraako-sponsored grant To support its expansion, Sun Fishing applied and was approved for a loan from the Nordic Horn of Africa Opportunities Fund. The funding will be used to purchase additional boats, fishing supplies, and cold storage. Sun Fishing also plans to use the investment to hire more staff and contribute to the continuing job growth in the region.

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Tayo Household Plastic Factory Ltd

Manufacturing Social only
Enterprise size
Small
Founded
2017
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
68
Employees (OEF)
24
Shuraako fund
not published
Prior financing
not published
In 2023 harvest
no — new to us
Found online

facebook.com

Makes household, packaging and food-grade plastics. General Manager Abdilahi Isse presented at Hargeisa's Local Products Exhibition, covered by Somaliland Standard, and One Earth Future has published video about the factory. Shares the Tayo name with Tayo Uniforms but no common ownership was found.

People Abdilahi Isse (General Manager)

Shuraako profile text

Tayo Household Plastic Factory. Ltd was established in 2017 in Hargeisa Somaliland to manufacture plastic products for household items, packaging, food-grade plastic containers, and electric utility items. Tayo started with the manufacturing of 15 item sizes and currently produces over 25 item sizes, which is nearly double. Tayo uses virgin (not recycled) raw materials for food-grade products. They use both virgin and some recycled raw materials from the factory defect items and damaged items returned by Tayo customers to produce electric items. Tayo received investment from the Nordic Fund to purchase heavy machinery to produce additional equipment, such as the popular plastic chairs that were imported. The investment allowed Tayo to gain new market share by producing chairs and buckets. Tayo broadened its impact by creating a large number of indirect jobs and retailers.

OEF legacy record

Tayo Household Plastic Factory. Ltd was established in 2017 in Hargeisa Somaliland to manufacture plastic products for household items, packaging, food-grade plastic containers, and electric utility items. Tayo started with the manufacturing of 15 item sizes and currently produces over 25 item sizes, which is nearly double. Tayo uses virgin (not recycled) raw materials for food-grade products. They use both virgin and some recycled raw materials from the factory defect items and damaged items returned by Tayo customers to produce electric items. Tayo received investment from the Nordic Fund to purchase heavy machinery to produce additional equipment, such as the popular plastic chairs that were imported. The investment allowed Tayo to gain new market share by producing chairs and buckets. Tayo broadened its impact by creating a large number of indirect jobs and retailers.

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Tayo Uniforms & Embroidery

Manufacturing Women owned Social only
Enterprise size
Medium
Founded
2014 OEF: 2013
Region / sites
Somaliland OEF: Hargeisa
Jobs figure (site)
61
Employees (OEF)
42
Shuraako fund
not published
Prior financing
Arsenault Family Foundation
In 2023 harvest
no — new to us
Found online

facebook.com

Founded by Amina Aden Mohamed to make school uniforms locally, later adding corporate uniforms and face masks. Hires and trains women specifically. There is a published OEF case study on the company, which makes it the best-documented women-owned business in the cohort. Founding year conflicts: 2012 in the case study, 2014 on the live profile, 2013 in OEF's record.

People Amina Aden Mohamed (founder)

Shuraako profile text

Tayo Uniforms & Embroidery, established in 2014, specializes in the provision of locally tailored school uniforms, corporate uniforms, and face masks. School uniforms (shirts, trousers, dresses), corporate uniforms (branded T-shirts, overcoats, and hospital uniforms), and re-usable pads and masks are among their most popular products. They began manufacturing and selling uniforms in Hargeisa, Somaliland in with the goal of supplying the local market with quality, affordable, locally manufactured, and customized uniforms.

OEF legacy record

Tayo Uniforms ("Tayo") is a female owned and operated manufacturing business that sells high quality and affordable uniforms to schools, corporations, and other entities across Somaliland. In order to meet growing demand, Tayo needed capital to further expand its manufacturing capability and procure bulk fabric from abroad. Prior to the Nordic Horn of Africa Opportunities Fund financing, Tayo Uniforms obtained two Shuraako-facilitated investments to procure bulk fabric and sewing materials and further expand its production capacity. These loans allowed Tayo to double its output, reduce unit prices by 44% for its customers, and manufacture an additional 6,500 uniforms. In addition, Tayo gained subsequent skills and funding through participating in the Shuraako-facilitated business development training program, helping Tayo jump-start production of their reusable sanitary pads. In April 2021, Tayo Uniforms obtained a loan through Shuraako's Nordic Horn of Africa Opportunities Fund to procure additional industrial sewing supplies, a screen printer, and shelving. The materials purchased are helping to expand Tayo's operations in two ways: first, in fortifying their reusable sanitary napkin production, benefitting low-income populations for whom imported menstrual supplies are not cost-effective; and second, by responding to additional demand for the masks they have been producing . The programmatic funding, coupled with Tayo's business decisions, has bolstered Tayo's immediate economy in the wake of the pandemic.

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Puntland 10

Al Baraka Mixed Farm

Agribusiness None found
Enterprise size
Small OEF: Micro
Founded
2013
Region / sites
Puntland OEF: Garowe
Jobs figure (site)
22
Employees (OEF)
12
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

No independent web presence found. Shuraako records: vegetables, fruit and camel milk outside Garowe, camel milk 11% of 2020 revenue; August 2021 NHAOF loan for a borehole, water tank and solar irrigation to replace manual watering and a diesel pump.

Shuraako profile text

Al Baraka Mixed Farm is a commercial farm producing vegetables, fruit, and camel milk outside of Garowe. The Farm sources pesticides and insecticides locally, and its customers are local vendors in Garowe and surrounding cities. At the time of request, Al Baraka was distributing water manually to its crops due to lack of an irrigation system. In August 2021, the Farm was approved for a loan from the Nordic Horn of Africa Opportunities Fund to drill a borehole, purchase a water tank, and install an irrigation system to run on solar power. The also loan helped Al Baraka purchase additional lactating camels.

OEF legacy record

Al Baraka Mixed Farm (“Al Baraka”; “the Farm”) is a commercial farm producing vegetables, fruit, and camel milk outside of Garowe. The Farm sources pesticides and insecticides locally, and its customers are local vendors in Garowe and surrounding cities. At the time of request, Al Baraka was distributing water manually to its crops due to lack of an irrigation system. In August 2021, the Farm was approved for a loan from the Nordic Horn of Africa Opportunities Fund to drill a borehole, purchase a water tank, and install an irrigation system that will run on solar power. Though Al Baraka already uses one borehole, the pump is powered by diesel, of which the Farm hopes to reduce its usage. Furthermore, the loan will help Al Baraka purchase additional lactating camels, as camel milk accounted for 11% of its revenue in 2020. With these additions to the farm, Al Baraka hopes to produce higher quality products in higher quantities to meet the current demand of its customer base.

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Al Nur Mixed Farm

Agribusiness Women owned None found
Enterprise size
Medium OEF: Small
Founded
2005
Region / sites
Puntland OEF: Jibgale
Jobs figure (site)
36
Employees (OEF)
29
Shuraako fund
NHAOF
Prior financing
Arsenault Family Foundation
In 2023 harvest
yes
Found online

nothing found

No independent web presence found. 10 hectares in the Jibgale Valley, Puntland; cash crops plus livestock. Carries Arsenault Family Foundation as previous financing and is tagged Women's Initiative in OEF's records.

Shuraako profile text

Al Nur Mixed Farming is situated on 10 hectares of land located in the fertile Jibgale Valley of Puntland, Somalia. Al Nur Mixed Farming offers a variety of cash crops ranging from fruits to vegetables year-round. The farm has also diversified its offering with a dairy operation comprised of over 30 cows and camels which remains profitable.

OEF legacy record

Al Nur Mixed Farming (“Al Nur”), established in 2005, produces nearly 15 types of cash crops year-round and has a supplementary small-scale dairy operation. It is situated on 6.5-hectares of land; however, only 45 percent of the land was being cultivated due to limited irrigation capacity. The irrigation system relied on an inefficient generator, which consumed costly fuel. Through 2014 and 2016 Shuraako-brokered investments, Al Nur was able to increase its land utilization by installing a 100-meter borehole with gravity fed irrigation system and new generator, increasing its land cultivation to 60 percent. As a result, employment increased by 47 percent. 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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Al Siha Enterprises

Fishing Social only Odoo match
Enterprise size
Medium
Founded
1997
Region / sites
Puntland OEF: Bossaso
Jobs figure (site)
106
Employees (OEF)
not published
Shuraako fund
unstated
Prior financing
not published
In 2023 harvest
yes
Possible existing Odoo user. Matches Al-Siha Enterprise — Merit Advisory Services. Unconfirmed by Shuraako, do not cite yet.
Found online

facebook.com

Trades on Facebook as Siha Fishery and presents itself as a leading seafood processor and exporter in the Horn of Africa. Family-owned and run by two brothers, Ismail Mohamed Hassan and Ali Mohamoud Hassan. Based in Bosaso.

People Ismail Mohamed Hassan, Ali Mohamoud Hassan

Shuraako profile text

Al Siha Enterprises is a family owned company operated by two brothers: Ismail Mohamed Hassan and Ali Mohamoud Hassan. The company was established in 1997 in Bossaso, Puntland as a purified water production facility but has grown to include complementary offerings. Al Siha has a diversified revenue stream supplying purified water, ice, marine products, and laundry services. The company has grown its marine products business from a small fish reseller with a few clients to a successful company with eight motor-powered skiffs, a supply network of over 40 artisanal fishing skiffs, 225-ton cold chain storage facility onshore, and four refrigerated vehicles. Al Siha packages its fish in unmarked polythene wrappers and ice box trays for local delivery. Frozen seafood products are packaged according to customer specifications and sold through a network of supermarkets, restaurants, and fish market vendors. For foreign markets, most products are sold in bulk through seafood trading agents in Djibouti, Yemen, and Egypt. For foreign customers, the product is transported by air freight and sea freight in frozen form.

OEF legacy record

Founded in 1997, Al Siha Enterprises (“Al Siha”) is a family-owned company that has grown its marine products business from a small fish reseller with a few clients to a successful company with eight motor-powered skiffs, a supply network of over 40 artisanal fishing skiffs, a 225-ton cold chain storage facility onshore, and four refrigerated vehicles. As demand for Al Siha’s products grew, the company recognized its capacity was constrained by the size of its boats, lack of adequate fish-finding technologies onboard, and its cold storage capacity while out at sea. Through a Shuraako-facilitated investment, Al Siha was able to increase the volume and value of its catch through the procurement a 36-meter boat, a navigation system, fishing equipment with 45 tons of cold storage, and a four-ton onboard blast freezer. With this investment, Al Siha was able to utilize modern fish-finding technologies and stay out at sea overnight, dramatically reducing its fuel consumption rate.

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Badmaal Fishing Company

Fishing Women owned None found Cohort 1 (illustrative)
Enterprise size
Medium
Founded
2012
Region / sites
Puntland OEF: Allula, Bossaso
Jobs figure (site)
63
Employees (OEF)
not published
Shuraako fund
unstated
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

AMBIGUOUS on the open web. The investee is the Alula-based fishing company founded 2012 that started with one boat landing 70-100kg a day and expanded into Bossaso in 2014. Not to be confused with badmaal.so, the World Bank's $50m Somali Sustainable Fisheries Development Project, nor with badmaal.com (Badmaal Seafood), neither of which is verified as this company.

Shuraako profile text

Badmaal Fishing Company is one of the leading fishing companies in Puntland. It was established in 2012 in Allula. The company started the business to cover the local demand for fish with only one small boat and an average daily catch of 70-100KG of mixed types of fish. In 2014, the company expanded and explored the Bossaso and other mainland markets and increased the number of the small boats, expanding production. The company generates revenue by selling fresh fish in both local and international markets.

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Horizon Aluminum, Furniture and Decoration Company

Manufacturing Women owned Social only Cohort 1 (illustrative)
Enterprise size
Small
Founded
2013
Region / sites
Puntland OEF: Garowe
Jobs figure (site)
85
Employees (OEF)
not published
Shuraako fund
unstated
Prior financing
not published
In 2023 harvest
yes
Found online

facebook.com

Sole proprietorship formed in Garowe in 2013 to fill gaps in Puntland's construction supply chain. Makes door and window frames, staircases, shopping-mall stacking racks and office partitioning, so it sells project work to businesses rather than shelf products.

Shuraako profile text

Horizon Aluminum, Furniture and Decoration Company was established in Garowe, Puntland in 2013 as a sole proprietorship business. The company was formed to address numerous challenges and gaps in the construction sector in Puntland noting that the sector faces considerable challenges albeit its realized and potential growth. They produce high quality furniture and aluminum products, including doors and windows frames, staircases, stacking racks for shopping malls and partitioning for office buildings. The company also offers services for external decorations, fittings and ceilings using gypsum.

OEF legacy record

Horizon Aluminum, Furniture and Decoration Horizon Aluminum, Furniture and Decoration Company high quality furniture and aluminum products . The company also offers services for external decorations, fittings, and ceilings using gypsum. Horizon sought to increase production output and grow its market share and regional expansion. Through a Shuraako-brokered investment, the company was able to purchase additional manufacturing equipment, raw materials, and woodworking machinery.

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Kaah Electrical General Trading LLC

Renewable Energy None found Cohort 1 (illustrative)
Enterprise size
Medium
Founded
2003
Region / sites
Puntland OEF: Bosaso, Garowe, Qardho
Jobs figure (site)
15
Employees (OEF)
54
Shuraako fund
not published
Prior financing
not published
In 2023 harvest
no — new to us
Found online

nothing found

Sells solar panels, inverters, water-pumping and off-grid systems, streetlights and accessories, and runs a sourcing and procurement service for customers. Main stores in Bosaso with supply branches in Garowe, Galkayo and Las Anod, so it is a genuinely multi-branch distributor. NOTE: kaahgenerals.com and the 'KAAH Electric' Wikipedia entry may be unrelated businesses sharing the name.

Shuraako profile text

Kaah Electrical General Trading (“Kaah”) is a renewable energy company established in 2003. The company sells solar panels, inverters, solar water pumping systems, off-grid solar systems, solar streetlight systems, and accessories. Beyond the sale of these products, Kaah offers installation, testing, design, and post-sale support. The company’s operations extend through Bosaso, Garowe, Galkayco, and Qardho. As the company pursues its goal of becoming a one-stop shop for renewable energy products and services in Somalia, Kaah is being assisted by an investment from the Nordic Horn of Africa Opportunities Fund to purchase additional solar panels and dry batteries, to offer smaller cities in Puntland.

OEF legacy record

Kaah Electrical General Trading (“Kaah”) is a renewable energy company established in 2003. The company sells solar panels, inverters, solar water pumping systems, off-grid solar systems, solar streetlight systems, and accessories. Beyond the sale of these products, Kaah offers installation, testing, design, and post-sale support. The company's operations extend through Bosaso, Garowe, Galkayco, and Qardho. As the company pursues its goal of becoming a one-stop shop for renewable energy products and services in Somalia, Kaah will be assisted by an investment from the Nordic Horn of Africa Opportunities Fund. The loan will be used to purchase additional solar panels and dry batteries, which the company plans to offer smaller cities in Puntland.

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Puntland Petroleum Company

Energy Renewable Energy Social only Odoo match

Disclosed investment $700,000

Enterprise size
Medium
Founded
2003
Region / sites
Puntland OEF: Bosaso, Garowe
Jobs figure (site)
19
Employees (OEF)
170
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Possible existing Odoo user. Matches Puntland Petroleum Company — Merit Advisory Services. Unconfirmed by Shuraako, do not cite yet.
Found online

facebook.com

Runs 19 petroleum facilities including three fuel storage depots at Bosaso, Galkayo and Garowe. The $700,000 Nordic Fund investment built a new Garowe facility with nine LPG cylinder sets, 12MT storage tanks, electronic filling machines, ISO tanks and a firefighting system. The LPG arm grew from 5 staff in Bosaso to 60, and from one station to nine across Puntland, with plans to enter Somaliland. NOTE: 'Puntland Oil Group' on LinkedIn may be a different entity.

Shuraako story Expanding Puntland Petroleum (2025-03-04)

Shuraako profile text

Puntland Petroleum is the largest distributor of diesel, petrol, and cylinder gas in Puntland. The company sells its products to residential homes, businesses, and government agencies. Puntland Petroleum operates 19 petroleum facilities, including three fuel storage facilities in Bosaso, Galkayco, and Garowe. The Garowe storage facility was under construction as of November 2021, with plans to be completed by December 2021. Puntland Petroleum received a loan from the Nordic Horn of Africa Opportunities Fund to equip the finished plant with storage tanks, cylinders, electrical and firefighting systems, and an electronic filling machine.

OEF legacy record

Puntland Petroleum is the largest distributor of diesel, petrol, and cylinder gas  in Puntland. The company sells its products to residential homes, businesses, and government agencies. Puntland Petroleum operates 19 petroleum facilities, including three fuel storage facilities in Bosaso, Galkayco, and Garowe. The Garowe storage facility was under construction as of November 2021, with plans to be completed by December 2021. Puntland Petroleum received a loan from the Nordic Horn of Africa Opportunities Fund to equip the finished plant with storage tanks, cylinders, electrical and firefighting systems, and an electronic filling machine.

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Raaho Farm

Agribusiness Women owned None found Cohort 1 (illustrative)
Enterprise size
Small
Founded
2000
Region / sites
Puntland OEF: Garowe, Jibagal
Jobs figure (site)
59
Employees (OEF)
not published
Shuraako fund
unstated
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

No independent web presence found. Eight hectares at Jibagal, north-east of Garowe, about 75% under cultivation. Tagged Women's Initiative in OEF's records.

Shuraako profile text

Raaho Farm is a commercial farm situated northeast of Garowe, Somalia in the agricultural town of Jibagal. The Farm was founded in 2000 and spans over 8 hectares with 75% of farmland cultivated. Raaho Farm produces fruits and vegetables such as onions, coriander, jalapenos, carrots, watermelons, spinach, cabbage, hot papers, lettuce, guava and maize. In addition to cash crops the farm has a diversified its revenue stream offering vehicle loading service to farmers for transporting their goods to the local market.

OEF legacy record

that spans over eight hectares with 75 percent of its farmland cultivated. Raaho produces fruits and vegetables, in addition to cash crops. The farm has a diversified revenue stream, offering vehicle loading services to farmers for transporting their goods to the local market. In 2015, the farm secured a Shuraako-brokered investment to purchase a truck and rent a bulldozer for land cultivation. The farm was able to cultivate an additional 25 percent of farmland as a result of the investment while also reducing its transportation costs. In 2019, having fully satisfied the obligations of its first loan, Raaho secured a second Shuraako-facilitated investment to further cultivate the land and safeguard the farm against droughts. The investment supported Raaho in constructing a fence and digging a borehole, in addition to procuring a solar system, water tank, and dump truck. The fence will be used to protect the farm from wildlife, while the additional land cultivation is expected to increase the farm’s revenues.

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Soma Chicken Farm

Agribusiness None found

Disclosed investment $269,579

Enterprise size
Small
Founded
2014
Region / sites
Puntland OEF: Garowe
Jobs figure (site)
42
Employees (OEF)
39
Shuraako fund
NHAOF,AFF
Prior financing
Arsenault Family Foundation
In 2023 harvest
yes
Found online

nothing found

Began November 2014 as a pilot to test whether Puntland's climate, water and local feed could sustain egg and meat production. Now a significant substitute for imported eggs. Dr. Abdisamed speaks for the company in Shuraako's story. Carries Arsenault Family Foundation as previous financing.

People Dr. Abdisamed

Shuraako story Poultry in Puntland (2025-12-02)

Shuraako profile text

Soma Chicken Farm is a poultry farm located in Garowe, Puntland that sells chicken meat, eggs, and manure and has demonstrated its ability to successfully raise poultry and sell into the local markets. The chickens that are typically imported are often of low quality despite a large demand for quality poultry products in Somalia’s domestic market. While there are a few chicken farms operating in Puntland, most of these are small-scale farms that cannot meet the current demand. Soma Chicken Farm is one of the few farms implementing large-scale poultry production and is therefore a popular choice. In 2015, the farm secured financing through a Shuraako-brokered investment, supporting the first phase of its planned expansion: the building of two new flock houses, purchase of incubators and a feeding/drinking system, the production of its own chicken feed, and selling of manure to local farmers. The loan also enabled them to hire additional staff. After the successful repayment of its first loan, Soma Chicken Farm was able to secure additional financing from the Nordic Horn of Africa Opportunities Fund to begin phase two of its expansion project. The investment was used to purchase a 250,000 m² plot of land and construct a new poultry house nearby its first farm. See more

OEF legacy record

. SCF sells chicken meat, eggs, and manure and has demonstrated its ability to successfully raise poultry and sell into the local markets. The chicken that are typically imported are often of low quality despite a large demand for quality poultry products in Somalia’s domestic market. While there are few chicken farms operating in Puntland, most of these are small-scale farms that cannot meet the current demand. SCF is one of the few farms implementing large-scale poultry production and is therefore a popular choice for its customers in nearby Garowe. In 2015, SCF secured financing through a Shuraako-brokered investment, supporting the first phase of its planned expansion: the building of two new flock houses, purchase of incubators and a feeding/drinking system, the production of its own chicken feed, and selling of manure to local farmers. The loan also enabled SCF to hire an additional 14 staff. After the successful repayment of its first loan, SCF was able to secure additional financing from the Nordic Horn of Africa Opportunities Fund to begin phase two of its expansion project. Specifically, the investment supported SCF to purchase a 250,000 m² plot of land and construct a new poultry house nearby its first farm. Through this investment, SCF aims to hire an additional 129 staff.

source →

shuraako profile →

Tabaarak Company

Manufacturing None found Cohort 1 (illustrative)

Disclosed investment $420,000

Enterprise size
Large
Founded
1997
Region / sites
Puntland OEF: Garowe, Bosaso, Galkayo
Jobs figure (site)
46
Employees (OEF)
102
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

Leading maker of pillows, mattresses and seat cushions in Puntland, with ten mattress sizes and three cushion types specified from customer feedback. Built a second factory 700km from the first, so it runs two plants, and distributes across Sool, Sanaag, Karkaar and Nugaal with Mudug next. The $420,000 investment lifted employee numbers about 30%. Listed in the Puntland Business directory as Tabaarak General Trading.

Structure Also trades as Tabaarak General Trading

Shuraako story Investing in Dreams (2025-09-15)

Shuraako profile text

Established in 1997, Tabaarak Company (“Tabaarak”) is the leading manufacturer of pillows, mattresses, and seat cushions in Puntland. The company produces ten mattress sizes, three types of seat cushions, and pillows based on feedback from customers. Tabaarak’s expanding customer base required the construction of a second factory 700 kilometers from their first. To furnish the newer factory, Tabaarak requested and was approved for a loan from the Nordic Horn of Africa Opportunities Fund to procure equipment and raw materials so the factory can produce the volume needed to satisfy their customers’ needs.

OEF legacy record

Established in 1997, Tabaarak Company (“Tabaarak”) is the leading manufacturer of pillows, mattresses, and seat cushions in Puntland. The company produces ten mattress sizes, three types of seat cushions, and pillows based on feedback from customers. Tabaarak’s expanding customer base required the construction of a second factory 700 kilometers from their first. However, the newer factory lacks the machinery needed to produce the demanded volume. To furnish the newer factory, Tabaarak requested and was approved for a loan from the Nordic Horn of Africa Opportunities Fund. The loan will be used to procure equipment and raw materials so the factory can begin producing the volume needed to satisfy their customers’ needs.

source →

shuraako profile →

South Central 4

AFI Water Supply

Water & Sanitation Website Odoo match

Disclosed investment $413,548

Enterprise size
Medium
Founded
2000
Region / sites
South Central OEF: Mogadishu, Kismaayo, Baidoa
Jobs figure (site)
72
Employees (OEF)
not published
Shuraako fund
not published
Prior financing
not published
In 2023 harvest
no — new to us
Possible existing Odoo user. Matches Afi Water Supply Co Limited, Caafi Group — Waayeel Consulting. Unconfirmed by Shuraako, do not cite yet.
Found online

caafi.so · facebook.com

Trades as Caafi / Warshadda Biyaha Caafi. Operates in Mogadishu, Kismayo and Baidoa with 23 boreholes, an in-house testing laboratory and its own purity benchmark ('the Afi Standard'). Moved from large plastic bottles into smaller retail formats. Founding year is given as 1999 on the company site and 2000 by Shuraako.

Structure Caafi Group

Shuraako story Clean Water, Bright Future (2025-04-14)

Shuraako profile text

In 2000, Somalia was in a state of recovery, and access to clean, safe drinking water was a pressing challenge. It was in response to this critical need that Afi Water Factory was established. From humble beginnings, Afi has grown into a trusted provider of purified water, serving both Somali citizens and foreign residents. The company’s journey is a testament to the resilience of Somali entrepreneurs and the transformative power of strategic investment. Afi started by producing water in large plastic bottles, but as demand evolved, the company adapted, introducing smaller bottles to better serve consumers. The need for expansion became clear as operations grew, and it was at this crucial juncture that Afi Water Factory partnered with Shuraako for financial support. This collaboration marked a turning point in the company’s trajectory. With an investment of $413,547.5 under the NHAOF Investment, Afi was able to acquire an automatic blow molding machine with a preform auto feeder, as well as essential raw materials, including 5.65 million preforms and caps. This significant investment enabled the company to scale up production, enhance efficiency, and improve product quality.

shuraako profile →

Baidoa Electricity Company

Renewable Energy Website Cohort 1 (illustrative)

Disclosed investment $749,990

Enterprise size
Large
Founded
2012
Region / sites
South Central OEF: Baidoa
Jobs figure (site)
117
Employees (OEF)
not published
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Found online

beco.so · youtube.com

Live site at beco.so, plus video. Formed in 2012 by merging five neighbourhood electricity suppliers; now the sole provider in Baidoa, with regulation preventing competitors from entering. Moved from limited-hours diesel to 24-hour supply and is adding solar. The Shuraako investment brought power to 20% of residents who had none and grew the workforce 40% in three years. Appears in Mercy Corps energy-sector research. NOTE, checked 18 Aug 2026: a second domain, baidoaelectric.com, appears in search results but has no DNS record at all - do not cite it.

Shuraako story Powering Progress (2024-11-27)

Shuraako profile text

Baidoa Electric Company (BECO) is the largest electricity provider in Baidoa, Somalia. The company was formed in 2012 after the merger of five smaller electricity companies, each operating independently in various neighborhoods of Baidoa. BECO has made remarkable strides in job creation, economic growth, and sustainable energy solutions, thanks to support from Shuraako. Now, Baidoa Electric Company has around 13,000 total customers spread across seven neighborhoods and supplies power to both household consumers and businesses.

OEF legacy record

Baidoa Electric Company (BECO) is the largest electricity provider in Baidoa, Somalia. The company was formed in 2012 after the merger of five smaller electricity companies, each operating independently in various neighborhoods of Baidoa. BECO has made remarkable strides in job creation, economic growth, and sustainable energy solutions, thanks to support from One Earth Future's Shuraako program. Now, Baidoa Electric Company has around 13,000 total customers spread across seven neighborhoods and supplies power to both household consumers and businesses.

source →

shuraako profile →

Green Paradise Hotel

Hospitality Women owned Website Cohort 1 (illustrative)
Enterprise size
Small
Founded
2011
Region / sites
South Central OEF: Mogadishu
Jobs figure (site)
81
Employees (OEF)
53
Shuraako fund
unstated
Prior financing
not published
In 2023 harvest
yes
Found online

greenparadisehotel.so · instagram.com · facebook.com · booking.com

Own website plus Booking.com and TripAdvisor, where it ranks #6 of 10 Mogadishu hotels at 5/5. Led by Kaltun Abdiaziz Adam, who took over in 2012 after her husband died. July 2021 NHAOF loan to upgrade ballrooms and open a second Green Zone location, so it is a two-site business. Shuraako's story cites 122% growth and 27 employees.

People Kaltun Abdiaziz Adam (owner-manager)

Shuraako story Mogadishu’s Leader in Luxury (2025-02-11)

Shuraako profile text

Green Paradise Hotel is a woman-owned, luxury hotel established in 2011 in the Green Zone area of Mogadishu. The hotel has plenty of rooms, a gym, an in-house restaurant, ballrooms for events and beautiful of outdoor seating. In July 2021, the hotel was approved for a loan from the Nordic Horn of Opportunities Fund to make upgrades to the current building’s ballrooms and expand to a second location within the Green Zone. Additionally, the they can purchase two armored vehicles to transport guests outside of the Green Zone, establish a vehicle rental service with this purchase, and procure additional security cameras. These upgrades will allow Green Paradise Hotel to keep up with its growing demand among international organizations and government agencies.

OEF legacy record

Green Paradise Hotel is a woman-owned, budget-friendly hotel established in 2011 in the Green Zone area of Mogadishu. The hotel has plenty of rooms, a modest gym, an in-house restaurant, ballrooms for events and beautiful of outdoor seating. In July 2021, the Hotel was approved for a loan from the Nordic Horn of Opportunities Fund. The business will use the investment to make upgrades to the current building’s ballrooms and expand to a second location within the Green Zone. Additionally, the Hotel will be purchasing two armored vehicles to transport guests outside of the Green Zone. The Hotel plans to establish a vehicle rental service with this purchase. Finally, the Hotel will be using funds from the investment to procure additional security cameras. These upgrades will allow Green Paradise Hotel to keep up with its growing demand among international organizations and government agencies.

source →

shuraako profile →

Ijaabo Water

Water & Sanitation E-commerce

Disclosed investment $197,766

Enterprise size
Medium
Founded
2004
Region / sites
South Central OEF: Mogadishu
Jobs figure (site)
403
Employees (OEF)
not published
Shuraako fund
not published
Prior financing
Arsenault Family Foundation
In 2023 harvest
no — new to us
Found online

ijaabowater.so · dnb.com

Runs a genuine e-commerce site with online ordering, product pages for bottled water, services and branch locations, plus a Dun & Bradstreet company profile. The only known piped-water provider in Somalia that also purifies, bottles and distributes ice. Powered by three diesel generators and a 26.5kW solar installation. Market share has grown to roughly 70% and the delivery fleet from five trucks to eleven. Founder Ahmed Warsame Kaari. The published $197,766 is a SECOND round of financing, taken after the first loan was repaid; the first loan amount is not disclosed, so its true total is higher. Founding year conflicts: 2004 on the live profile, 2012 in Shuraako's own story.

People Ahmed Warsame Kaari (founder)

Shuraako story Clean Energy, Clean Water, Stronger Communities (2025-10-27)

Shuraako profile text

Founded in 2004, Ijaabo Water (“Ijaabo”) is the only known piped water provider in Somalia that also purifies, bottles, and distributes water and ice products. With the use of three diesel generators and a 26.5 kw solar installation, Ijaabo powers its purification, bottling, and ice production, while also producing enough solar energy to draw out water to company-owned piping where it is then stored in its water tanks. Established to provide accessible and clean water supply to homes and commercial entities in Mogadishu, the company has seen continued growth in its piped water services and has expanded to include complimentary business lines such as bottled water and ice. As demand for Ijaabo’s services grew, the company quickly became a household name in Mogadishu. Through a Shuraako-facilitated investment, the company was able to expand its serviceable area and reach new clientele by procuring land, an 800 m3 water tank, and solar equipment (26.5 kw). This investment allowed Ijaabo to fully utilize its new well, established in 2015 through a previous Shuraako-brokered investment. The investment also allowed Ijaabo to increase its available water storage by 380 percent and its solar capacity by 100 percent.

OEF legacy record

Ijaabo Water (formerly known as Somwater) Founded in 2004, Ijaabo Water (“Ijaabo”) is the only known piped water provider in Somalia that also purifies, bottles, and distributes water and ice products. With the use of three diesel generators and a 26.5 kw solar installation, Ijaabo powers its purification, bottling, and ice production, while also producing enough solar energy to draw out water to company-owned piping where it is then stored in its water tanks. Established to provide accessible and clean water supply to homes and commercial entities in Mogadishu, the company has seen continued growth in its piped water services and has expanded to include complimentary business lines such as bottled water and ice. As demand for Ijaabo’s services grew, the company quickly became a household name in Mogadishu. Through a Shuraako-facilitated investment, the company was able to expand its serviceable area and reach new clientele by procuring land, an 800 m water tank, and solar equipment (26.5 kw). This investment allowed Ijaabo to fully utilize its new well, established in 2015 through a previous Shuraako-brokered investment. The investment also allowed Ijaabo to increase its available water storage by 380 percent and its solar capacity by 100 percent.

source →

shuraako profile →

Multi-region 2

Solargen Technologies

Renewable Energy Website

Disclosed investment $496,127

Enterprise size
Medium
Founded
2012
Region / sites
Multi-region OEF: Mogadishu HQ, nationwide
Jobs figure (site)
226
Employees (OEF)
not published
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Found online

solargentechnologies.so · solargentechnologies.net · linkedin.com · facebook.com

The most internationally visible company in the portfolio. Two websites, LinkedIn and Facebook, plus a partner page on LORENTZ (the German solar-pump manufacturer) and coverage in Microgrid Knowledge and Sun Connect News. Offices and agents in Garowe, Hargeisa, Kismayo, Mogadishu and NAIROBI, so it operates across a border. Won a Greater Good Award in 2019 for miniature solar grids. Post-investment revenue rose 35-40%; installed solar on 110 water wells in 2024 alone; recent jobs include an 81kW system for Safari Apartment and 104kW for Safari Restaurant.

Structure Cross-border: Somalia and Kenya

Shuraako story Green Energy, Greater Impact (2025-04-21)

Shuraako profile text

Solargen Technologies (“Solargen”) is a renewable energy company founded in 2012. Among other solar products, they produce solar water pumping systems, rooftop solar panel grids, and miniature grids. In 2019, Solargen received a Greater Good Award for their work engineering miniature solar grids in Somalia. Previously, Solargen relied on local representatives to provide solar services to residential and commercial clients in areas where they lacked physical showrooms. Through a loan obtained from the Nordic Horn of Africa Opportunities Fund, Solargen has been constructing additional showrooms in cities where they already have large customer bases. This will reduce travel expenses and increase productivity.

OEF legacy record

Solargen Technologies (“Solargen”) is a renewable energy company founded in 2012. Among other solar products, they produce solar water pumping systems, rooftop solar panel grids, and miniature grids. In 2019, Solargen received a Greater Good Award for their work engineering miniature solar grids in Somalia. Previously, Solargen relied on local representatives to provide solar services to residential and commercial clients in areas where they lacked physical showrooms. Through a loan obtained from the Nordic Horn of Africa Opportunities Fund, Solargen is constructing four additional showrooms in these cities, wherein they already have large customer bases. Solargen aims to reduce travel expenses and increase productivity with the addition of these showrooms.

source →

shuraako profile →

Somali Water Development Union Company

Water & Sanitation Website
Enterprise size
Medium
Founded
2017
Region / sites
Multi-region OEF: 3 districts
Jobs figure (site)
728
Employees (OEF)
154
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Found online

somwater.so

Own website. Founded 25 October 2017 in Mogadishu by merging individual borehole owners to pool capital, which makes it a federation rather than a single business and probably the most complex ownership structure in the cohort. Pipes water to households and businesses across three districts from 24 boreholes, four of them solar at the time of the loan; the 2020 NHAOF investment converts the rest from diesel to solar and adds two generators and a storage hangar.

Structure Merger of individual borehole owners

Shuraako profile text

Somali Water Development Union Company (SWDUC) was founded in 2017 through a merger of individual borehole owners in order to combine capital and expand. SWDUC pipes water to households and businesses in three districts in Somalia. The company owns and operates 24 boreholes, four of which were solar-powered. In 2020, SWDUC was approved for a loan through the Nordic Horn of Africa Opportunities Fund. The investment is being used to convert the remaining boreholes from diesel to solar. In addition, the company is purchasing two generators and constructing a large storage hangar. Due to the high cost of diesel, SWDUC was constrained into higher rates for its customers. In using solar power, the company plans to lower their rates and attract new customers.

OEF legacy record

Somali Water Development Union Company (SWDUC) was founded in 2017 through a merger of individual borehole owners in order to combine capital and expand. SWDUC pipes water to households and businesses in three districts in Somalia. The company owns and operates 24 boreholes, four of which were solar-powered. In 2020, SWDUC was approved for a loan through the Nordic Horn of Africa Opportunities Fund. The investment is being used to convert the remaining boreholes from diesel to solar. In addition, the company is purchasing two generators and constructing a large storage hangar. Due to the high cost of diesel, SWDUC was constrained into higher rates for its customers. In using solar power, the company plans to lower their rates and attract new customers.

source →

shuraako profile →

Unspecified 3

Ardo Fishing Company

Fishing Women owned None found
Enterprise size
Medium
Founded
1997
Region / sites
Unspecified
Jobs figure (site)
11
Employees (OEF)
not published
Shuraako fund
unstated
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

No OEF project page and no independent web presence found. Founded 1997 by a wife-and-husband pair who began buying and reselling lobster, bought their first boat in 2001, and by 2022 ran 2 large and 6 small boats with 20 permanent staff.

Shuraako profile text

Ardo Fishing Company was established in 1997 by the wife and husband duo. The company started as a small shop where the couple bought and resold fish products with a focus on lobster for profit. The couple purchased their first small boat in 2001 and started distributing their catch to the local retailers and restaurants. Jump to 2022, Ardo Fishing Company owns 2 large and 6 small fishing boats and employs 20 permanent and 29 temporary employees. They serve fresh fish to local and international markets.

shuraako profile →

Asal Builders LTD

Construction None found
Enterprise size
Medium OEF: Small
Founded
2012
Region / sites
Unspecified
Jobs figure (site)
79
Employees (OEF)
79
Shuraako fund
NHAOF,AFF
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

AMBIGUOUS — do not attribute a website without checking. Several unrelated Somali firms share the name: asalbuilders.com (claims Somalia, Kenya, Uganda and South Sudan, with a DevelopmentAid profile), ASAL Construction & General Services of Baidoa (2010), and Asal Trading Company (1983). Shuraako's own record says youth-owned, run by professional engineers, renting all equipment and storage.

Shuraako profile text

Asal Builders LTD (“ABL”) is a construction and engineering company founded in 2012. ABL is youth-owned and managed by professional engineers offering services such as rehabilitation construction and architectural consultations. Its customer base consists of businesses, residential homes, government agencies, charities, and non-governmental organizations (NGOs). ABL rents all of its equipment and storage facilities. The company purchases raw materials locally from project sites. Additionally, ABL owns vehicles and scaffolding. However, the company is hindered by lack of equipment, especially if there are multiple projects taking place at the same time. A recently approved loan from the Nordic Horn of Africa Opportunities Fund will allow ABL to purchase its own equipment, including a crane, a concrete mixer, and additional scaffolding.

OEF legacy record

Asal Builders LTD (“ABL”) is a construction and engineering company founded in 2012. ABL is youth-owned and managed by professional engineers offering services such as rehabilitation construction and architectural consultations. Its customer base consists of businesses, residential homes, government agencies, charities, and non-governmental organizations (NGOs). ABL rents all of its equipment and storage facilities. The company purchases raw materials locally from project sites. Additionally, ABL owns vehicles and scaffolding. However, the company is hindered by lack of equipment, especially if there are multiple projects taking place at the same time. A recently approved loan from the Nordic Horn of Africa Opportunities Fund will allow ABL to purchase its own equipment, including a crane, a concrete mixer, and additional scaffolding.

source →

shuraako profile →

Daryeel Modern Industry

Manufacturing None found
Enterprise size
Medium
Founded
2016
Region / sites
Unspecified OEF: exports Ethiopia, Djibouti
Jobs figure (site)
49
Employees (OEF)
not published
Shuraako fund
NHAOF
Prior financing
not published
In 2023 harvest
yes
Found online

nothing found

Custom wood and metal furniture for hotels, offices, schools and homes, including modular kitchens built for heat and water. On Sheekh Madar Street, Hargeisa. Installed rooftop solar in 2019 to cut operating costs. NOTE: daryeel.com is Daryeel Construction Company, a different firm - do not link them.

Shuraako profile text

Established in 2016, Daryeel Modern Industry is a furniture and manufacturing business that designs and produces custom-made wood and metal furniture for hotels, offices, schools, and homes. In 2019, the company embraced rooftop solar installation to primarily lower its operating costs, and it was able to procure renewable energy products and other installation materials through a Shuraako-brokered investment. The company now saves 30% per month from the installation of the solar system.

OEF legacy record

Established in 2016, Daryeel Modern Industry (“DMI”)  is a furniture and manufacturing business that designs and produces custom-made wood and metal furniture for hotels, offices, schools, and homes. DMI also constructs customized doors and windows for residential and commercial buildings. In 2019, DMI pivoted toward alternative energy through the installation of a solar rooftop. After the installation, DMI sought to procure renewable energy products and other installation materials via a loan from the Nordic Horn of Africa Opportunities Fund. These products include additional solar panels, inverters to monitor the solar grids, and string boxes to fuse multiple power inputs into a single output. The company anticipates an average energy cost savings of $3,500.00 per month from the installation of the solar system. Additionally, DMI plans to introduce a new line of solar window products for regional markets in Somalia, Ethiopia, and Djibouti, generating a new stream of income. The company aims to contribute to the economic development of Somalia by addressing gaps that hold back Somalia’s energy sector. In 2019, the company sought to increase its electrical power supply to support its goal of extending services to communities in both coastal and inland rural towns via electrical mini-grids. The NHAOF loan allowed DMI to procure a solar system, thereby increasing its power generation and supply capacity by 1MW.

source →

shuraako profile →

Unknown 1

East Africa Shipping Company

Manufacturing None found

Disclosed investment $1,200,080

Enterprise size
not published
Founded
not published
Region / sites
Unknown
Jobs figure (site)
not published
Employees (OEF)
not published
Shuraako fund
NHAOF (per 2023 harvest)
Prior financing
not published
In 2023 harvest
no — new to us
Data problem. PROFILE PAGE IS A DUPLICATE OF ADEEG METAL WORKSHOP — size/year/jobs/narrative are not EASC data
Found online

nothing found

RECOVERED FROM A STORY, because its profile page is broken. Shuraako's May 2026 feature 'Driving Growth, Delivering Impact' records a $1,200,080 investment from Shuraako Capital alongside $514,320 of the company's own money, and describes it as one of Somalia's leading shipping and logistics companies, founded 2014 by an entrepreneur with more than two decades in logistics and trading. This is the largest single investment found anywhere in the portfolio and the most recent.

Shuraako story Driving Growth, Delivering Impact (2026-05-21)

shuraako profile →

Data caveats

Name collisions are the biggest trap here. Three companies could not be pinned down on the open web because unrelated Somali firms share their names: Asal Builders (at least three unrelated construction firms), Badmaal Fishing (badmaal.so is the World Bank's $50m fisheries programme, not the company), and Kaah Electrical (kaahgenerals.com and "KAAH Electric" may be different businesses). Daryeel Modern Industry is furniture; daryeel.com is a separate construction company. Verify before using any of these externally.

The "Jobs Created" figure is not a headcount. Against OEF's employee counts it diverges violently in both directions: Puntland Petroleum 19 vs 170, Somali Water Development Union 728 vs 154, KEEPS 503 vs 235, Maandeeq 100 vs 42. Use enterprise size for complexity and take real user counts at the readiness assessment. Where the two sources disagree, the card shows both.

Founding years conflict between sources for at least six companies — Crown Hotel (1992 live, 2008 OEF, "early 1990s" on its own site), Ijaabo (2004 vs 2012 in Shuraako's own story), Tayo Uniforms (2012, 2013 and 2014 across three sources), ILO Tango, AFI Water, Tabaarak. Quote as "as published on your client profiles", or not at all.

East Africa Shipping Company's profile page is broken — its body duplicates Adeeg Metal Workshop. Everything we know about it comes from Shuraako's May 2026 story, which is also the largest and most recent investment in the portfolio.

Provenance. OEF's legacy project pages were pulled from its staging site (development.oneearthfuture.org), because the live site has been rebuilt and the old Drupal URLs now resolve to a catch-all page. 31 of 38 matched, each verified by page title. The seven without a record are the newest investees.

Every link here was fetched on 18 August 2026. Facebook, Instagram, TikTok, LinkedIn and TripAdvisor return 400/403 to non-browser clients, which is a bot wall rather than a dead link, and those were confirmed alive by other means. Two genuine failures are recorded on the cards: Hill Development (domain suspended) and baidoaelectric.com (no DNS record).

Raw: research/sources/shuraako-client-profiles-raw-2026-08-18.json · merged data: research/shuraako-current-clients.json · analysis: research/portfolio-current-38-2026-08-18.md