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.
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.