List of companies of Somalia

Location 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.

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

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

• 
  Air Somalia Tupolev Tu-154.
• 
  Cans of Las Qoray brand tuna made in Las Khorey.
• 
  The Port of Bosaso.