List of companies of Somalia
Somalia is a country located in the Horn of Africa. It has maintained a healthy informal economy, based mainly on livestock, remittance/money transfer companies and telecommunications. Due to a dearth of formal government statistics and the recent civil war, it is difficult to gauge the size or growth of the economy. For 1994, the CIA estimated the GDP at $3.3 billion. In 2001, it was estimated to be $4.1 billion. By 2009, the CIA estimated that the GDP had grown to $5.731 billion, with a projected real growth rate of 2.6%. 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. Libertarian economist Peter Leeson attributes this increased economic activity to the Somali customary law (referred to as Xeer), which he suggests provides a stable environment to conduct business in.
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.
|Air Somalia||Consumer services||Airlines||Mogadishu||2001||Private airline|
|Bank of Somaliland||Financials||Banks||Hargeisa||1994||Central bank|
|Bosaso Tannery||Industrials||Diversified industrials||Bosaso||?||Tannery|
|Central Bank of Somalia||Financials||Banks||Mogadishu||1950||Central bank|
|Eastern Television Network||Consumer services||Broadcasting & entertainment||Bosaso||2005||Television|
|First Somali Bank||Financials||Banks||Mogadishu||2012||Commercial bank|
|Golis Telecom Somalia||Telecommunications||Fixed line telecommunications||Bosaso||2002||Telecommunications|
|Hafun Fishing Company||Consumer goods||Farming & fishing||Bosaso||1992||Fishing and real estate|
|Hargeisa Taxi||Consumer services||Travel & tourism||Hargeisa||2012||Taxi company|
|Hormuud Telecom||Telecommunications||Fixed, Voice And Data||Mogadishu||2002||Mobile network|
|Horn Cable Television||Consumer services||Broadcasting & entertainment||Hargeisa||2003||Television|
|Horyaal||Industrials||Business support services||Bosaso||2008||Design and architecture|
|International Bank of Somalia||Financials||Banks||Mogadishu||2014||Commercial bank|
|Islamic Insurance Company||Financials||Full line insurance||Mogadishu||2014||Private insurance|
|KAAH Electric||Utilities||Conventional electricity||Hargeisa||1997||Private power company|
|LaasqorayNET||Consumer services||Broadcasting & entertainment||Las Khorey||2003||Media outlet|
|NationLink Telecom||Telecommunications||Fixed line telecommunications||Mogadishu||1997||Telecommunications, ISP|
|Netco||Telecommunications||Fixed line telecommunications||Bosaso||1993||Telecommunications, part of Somali Telecom Group|
|Puntland Post||Consumer services||Publishing||Garoowe||2001||News organization|
|Radio Gaalkacyo||Consumer services||Broadcasting & entertainment||Galkayo||1993||Radio station|
|Radio Mogadishu||Consumer services||Broadcasting & entertainment||Mogadishu||1943||State radio|
|Salaam Bank||Financials||Banks||Bosaso||2011||Commercial bank|
|Salaam Somali Bank||Financials||Banks||Mogadishu||2009||Commercial bank|
|Shabelle Media Network||Consumer services||Publishing||Mogadishu||2002||News organization|
|Somafone||Telecommunications||Fixed line telecommunications||Mogadishu||2003||Telecommunications|
|Somali Airlines||Consumer services||Airlines||Mogadishu||1964||Airline, defunct 1991|
|Somali Broadcasting Corporation||Consumer services||Broadcasting & entertainment||Bosaso||2001||Broadcaster|
|Somali Energy Company||Utilities||Conventional electricity||Mogadishu||?||Power company|
|Somali National Television (SNTV)||Consumer services||Broadcasting & entertainment||Mogadishu||1983||Television|
|Somalia Petroleum Corporation||Oil & gas||Exploration & production||Mogadishu||2007||Oil and gas exploration|
|Somtel||Telecommunications||Fixed line telecommunications||Hargeisa||1993||Telecommunications|
|Telcom||Telecommunications||Fixed line telecommunications||Mogadishu||1997||Telecommunications|
|Telesom||Telecommunications||Fixed line telecommunications||Hargeisa||2002||Telecommunications|
|Trans-National Industrial Electricity and Gas Company||Utilities||Conventional electricity||Mogadishu||2010||Power company|
- "Somalia". The World Factbook. Langley, Virginia: Central Intelligence Agency.
- "Central Bank of Somalia – Economy and Finance". Somalbanca.org. Archived from the original on 24 January 2009. Retrieved 30 December 2010. Cite uses deprecated parameter
- "CIA World Factbook: Somalia (1995)". Permanent.access.gpo.gov. Archived from the original on 11 May 2011. Retrieved 27 June 2010. Cite uses deprecated parameter
- "CIA World Factbook: Somalia (2003)". Bartleby.com. Retrieved 27 June 2010.
- British Chambers of Commerce (2007). The British Chambers of Commerce Guide to African Markets. Ten Alps Publishing.
- "Better Off Stateless: Somalia Before and After Government Collapse" (PDF). Retrieved 27 June 2010.