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Somalia

After a comprehensive assessment of the use of solar power in the fisheries supply chain, steps have been taken to provide solar fridges and solar-powered ice machines to six fishing companies so that they can keep fish frozen. At the same time cold storage space is also available for fish caught in isolated coastal communities, where previously f
The project will include the generation of solar energy, expanding the distribution network, and installing modern equipment to help the community manage energy usage efficiently. It will also bring solar power systems to households that previously had no electricity, including internally displaced persons living in challenging conditions.
The new strategy, developed with the International Renewable Energy Agency (IRENA), projects an increase in renewable capacity from 54 megawatts in 2023 to 392 megawatts by the end of the decade. The plan also targets a 30% rise in off-grid generation, with a focus on hard-to-reach regions like Galmudug and Jubaland.
Acumen’s Hardest-to-Reach (“H2R”) initiative has invested $1 million in KIMS Microfinance, the largest microfinance institution in Somalia, to support the scaling of its off-grid solar financing activities. KIMS was founded 11 years ago by Somali expatriates committed to empowering Somalis to lift themselves out of poverty.

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