Nordic Horn of Africa Opportunities Fund
Africa
Region
6.8
Committment (MNOK)
Scalable Enterprises
Sector
The Nordic Horn of Africa Opportunities Fund (the Fund) is an investment fund for Somalian SMEs. The Manager is Shuraako, a US-based fund manager and NGO with local presence across Somalia. Norfund is the initiator and anchor investor of the Fund and other investors will include Nordic DFIs. The Ministry of Foreign Affairs has funded a first loss component of USD 3 million.
More about the Fund:
Links and documents
- Sector: Scalable Enterprises
- Committment (MNOK): 6.8
- Year: 2018
- Region: Africa
- Country: Somalia
- Domicile: Canada
- Instrument: Funds
- Status: Active
Indirect investments
| Investee | Sector | Country |
|---|---|---|
| Adeeg | Manufacturing | Somalia |
| KEEPS | Other services | Somalia |
| Mandeeq Poultry Company | Food and agribusiness | Somalia |