List of companies of Somalia

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Somalia Somalia with economy of around 12.4 Billion dollars, with total factory and company revenue around 17 Billion dollars. Somalia svg map.svg
Flag of Somalia.svg Somalia Somalia with economy of around 12.4 Billion dollars, with total factory and company revenue around 17 Billion dollars.
Somaliland Somaliland is a breakaway region with own army and economy and diplomatic ties and currency , Somaliland GDP is around 7.9 billion Dollars with total factory and company revenue around 10 Billion dollars Map of Somaliland.svg
Flag of Somaliland.svg Somaliland Somaliland is a breakaway region with own army and economy and diplomatic ties and currency , Somaliland GDP is around 7.9 billion Dollars with total factory and company revenue around 10 Billion dollars

Somalia is a country located in the Horn of Africa. It has maintained a healthy informal economy, based mainly on livestock, remittance/Wire transfer money transfer companies and telecommunication With around 12.43 billion dollars GDP and total factory company revenue of Somalia and Somaliland around 20-38 Billion dollars. Somaliland with recognition bid and Meet Montevideo convention is likely to have recognition towards higher levels in the coming years with GDP around 8 billion that totals Somalia and Somaliland GDP to around 24 billion Dollars, Somaliland has new refinery planned in Berbera regions of 30,000bpd capacity by Singapore new silk Somaliland energy company. New Berbera data centre by wingu Africa that serves Ethiopia and Djibouti regions with a projected real growth rate of 3.6%. [1] According to a 2007 British Chambers of Commerce report, the private sector also grew, particularly in the service sector. Unlike the pre-civil war period when most services and the industrial sector were government-run, there has been substantial, albeit unmeasured, private investment in commercial activities; this has been largely financed by the Somali diaspora, and includes trade and marketing, money transfer services, transportation, communications, fishery equipment, airlines, telecommunications, education, health, construction and hotels.

Contents

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
Status: P=Private, S=State; A=Active, D=Defunct
NameIndustrySectorHeadquartersFoundedNotesStatus
  
Air Somalia Consumer services Airlines Mogadishu 2001 Private airline PA
Bank of Somaliland Financials Banks Hargeisa 1994 Central bank SA
Bosaso Tannery Industrials Diversified industrials Bosaso ? Tannery PA
Central Bank of Somalia Financials Banks Mogadishu 1950 Central bank SA
Eastern Television Network Consumer services Broadcasting & entertainment Bosaso 2005 Television PA
First Somali Bank Financials Banks Mogadishu 2012 Commercial bank PA
Golis Telecom Somalia Telecommunications Fixed line telecommunications Bosaso 2002 Telecommunications PA
Hafun Fishing Company Consumer goods Farming & fishing Bosaso 1992 Fishing and real estate PA
Hargeisa Taxi Consumer services Travel & tourism Hargeisa 2012 Taxi company PA
Hormuud Telecom Telecommunications Fixed, Voice And Data Mogadishu 2002 Mobile network PA
Horn Cable Television Consumer services Broadcasting & entertainment Hargeisa 2003 Television PA
Horyaal Industrials Business support services Bosaso 2008 Design and architecture PA
International Bank of Somalia Financials Banks Mogadishu 2014 Commercial bank PA
Islamic Insurance Company Financials Full line insurance Mogadishu 2014 Private insurance PA
KAAH Electric Utilities Conventional electricity Hargeisa 1997 Private power company PA
NationLink Telecom Telecommunications Fixed line telecommunications Mogadishu [2] 1997 Telecommunications, ISP PA
Netco Telecommunications Fixed line telecommunications Bosaso 1993 Telecommunications, part of Somali Telecom Group PA
Puntland Post Consumer services Publishing Garoowe 2001 News organization PA
Puntland TV and Radio (PLTV) Consumer services Broadcasting & entertainment Garowe 2013 Television SA
Radio Gaalkacyo Consumer services Broadcasting & entertainment Galkayo 1993 Radio station PA
Radio Mogadishu Consumer services Broadcasting & entertainment Mogadishu 1943 State radio SA
Salaam Bank Financials Banks Bosaso 2011 Commercial bank PA
Salaam Somali Bank Financials Banks Mogadishu 2009 Commercial bank PA
Shabelle Media Network Consumer services Publishing Mogadishu 2002 News organization PA
Somafone Telecommunications Fixed line telecommunications Mogadishu 2003 Telecommunications PA
Somali Airlines Consumer services Airlines Mogadishu 1964 Airline, defunct 1991 PD
Somali Broadcasting Corporation Consumer services Broadcasting & entertainment Bosaso 2001 Broadcaster PA
Somali Energy Company Utilities Conventional electricity Mogadishu ? Power company PA
Somali National Television (SNTV) Consumer services Broadcasting & entertainment Mogadishu 1983 Television SA
Somaliland Beverage Industries Industrials Beverages Hargeisa 2010 Fizzy drinks, Mineral water and Dairy PA
Somaliland National TV (SLNTV) Consumer services Broadcasting & entertainment Hargeisa 2004 Television SA
Somalia Petroleum Corporation Oil & gas Exploration & production Mogadishu 2007 Oil and gas exploration SA
Somali Postal Service Industrials Delivery services Mogadishu 1991 Postal services SA
SomCable Telecommunications Internet Service Provider Hargeisa 2010 Telecommunications PA
Sompower Utilities Conventional electricity Hargeisa 2016 Power company PA
Somtel Telecommunications Fixed line telecommunications Hargeisa 1993 Telecommunications PA
Telcom Telecommunications Fixed line telecommunications Mogadishu 1997 Telecommunications PA
Telesom Telecommunications Fixed line telecommunications Hargeisa 2002 Telecommunications PA
Trans-National Industrial Electricity and Gas Company Utilities Conventional electricity Mogadishu 2010 Power company PA

See also

References

  1. "Somalia". The World Factbook. Langley, Virginia: Central Intelligence Agency. 11 May 2022.
  2. "Stocks". Bloomberg News .