Top startups in Somalia for 2024

In Somalia, we rank 49 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in Somalia are exceeding the performance of their global counterparts.

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Best Startups in Somalia for 2024

1st

Zaad
SB Score:303

Zaad, a mobile money platform inspired by M-PESA, offers free services through in-house agents and merchants. Simplifying transactions for users, Telsom's innovative approach enhances accessibility and convenience.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Hargeisa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:198

WADAAG Technologies, Inc. is an inspired leading information technology company incorporated in Delaware, USA, with its Head office in Hargeisa, Somaliland.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Hargeisa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:164

With over a decade of experience, SOSTEC Technologies is a leading technology service provider in Somalia. Specializing in innovative solutions, they cater to diverse tech needs with expertise and reliability.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Mogadishu)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:157

The Strengthening Somali Governance (SSG) program, funded by USAID, created a web-based bill tracking database for the federal Parliament. This tool enables government officials and citizens to monitor the entire legislative process, from draft to approval, in a transparent and accessible manner.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Mogadishu)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:149

Amin Technology Co., Ltd. is a national-level supplier of information technology, technology installation and software development accessories, and hopes to reach the international level in the future. Its organization aims to respond to new technologies emerging in the Somaliland IT market through continuous monitoring, new service methods and ...

Industry:
Software & Data
Subindustry:
Apps

City Rank (Hargeisa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:134

Introducing WAAFI, the all-in-one app for mobile money, communication, entertainment, and productivity. Experience a new lifestyle with seamless integration of essential features in one convenient platform.

Industry:
Fintech
Subindustry:
Personal Finance

City Rank (Mogadishu)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:121

Adeeg is an e-commerce platform or digital marketplace for food, grocery, electronics, mobile phones, and beauty products from brands.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Mogadishu)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:108

Huud Technology is a leading technology solutions services provider in Somalia, focusing on delivering the highest quality technology services to businesses of all sizes to meet their technological needs.

Industry:
Software & Data
Subindustry:
Software and Data-Other

City Rank (Mogadishu)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:106

Solargen aims to empower underserved African communities with sustainable solutions for energy, water, and food security. Through fair business practices, they strive to make a positive impact on people's lives.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Mogadishu)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:100

Banking supporting community SMES especially women Entrepreneurship in Somalia.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Mogadishu)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:84

Haatif develops a platform for business networking.

Industry:
Social & Leisure
Subindustry:
Communities

City Rank (Mogadishu)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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Total amount:54

Most Funded Startups in Somalia for 2024

The top three most funded startups in Somalia have raised total funding of more than USD 110K. Among the top three funded startups, the most popular industry, based on total funding, is Software & Data.

SB Score:198

WADAAG Technologies, Inc. is an inspired leading information technology company incorporated in Delaware, USA, with its Head office in Hargeisa, Somaliland.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Hargeisa)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:157

The Strengthening Somali Governance (SSG) program, funded by USAID, created a web-based bill tracking database for the federal Parliament. This tool enables government officials and citizens to monitor the entire legislative process, from draft to approval, in a transparent and accessible manner.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Mogadishu)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:71

Hafritech is a technology-oriented company that provides a variety of solutions to its clients through its presence in the Horn of Africa region.

Industry:
Software & Data
Subindustry:
Software and Data-Other

City Rank (Mogadishu)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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Total amount:54

Top Hiring Startups in Somalia by Employee Number

The top three hiring startups in Somalia have an average employee size that is larger than to the global average. Among these, the Fintech industry features the startup with the largest workforce.

1st

Zaad
SB Score:303

Zaad, a mobile money platform inspired by M-PESA, offers free services through in-house agents and merchants. Simplifying transactions for users, Telsom's innovative approach enhances accessibility and convenience.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:198

WADAAG Technologies, Inc. is an inspired leading information technology company incorporated in Delaware, USA, with its Head office in Hargeisa, Somaliland.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:164

With over a decade of experience, SOSTEC Technologies is a leading technology service provider in Somalia. Specializing in innovative solutions, they cater to diverse tech needs with expertise and reliability.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Mogadishu)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:108

Huud Technology is a leading technology solutions services provider in Somalia, focusing on delivering the highest quality technology services to businesses of all sizes to meet their technological needs.

Industry:
Software & Data
Subindustry:
Software and Data-Other

City Rank (Mogadishu)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

Browse

Total amount:49

Explore the Startup Ecosystem of Somalia

Population

(Somalia)

18.1 Million

Regional Rank

(Eastern Africa)

5th

0

Global Rank

(WorldWide)

101st

3

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Best Software & Data Startups in Somalia for 2024

Somalia startups in the Software & Data industry are underperforming their global industry peers. The top three Software & Data startups in Somalia have raised more than USD 110K, an amount that is lower than the global industry average.

SB Score:198

WADAAG Technologies, Inc. is an inspired leading information technology company incorporated in Delaware, USA, with its Head office in Hargeisa, Somaliland.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:164

With over a decade of experience, SOSTEC Technologies is a leading technology service provider in Somalia. Specializing in innovative solutions, they cater to diverse tech needs with expertise and reliability.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Mogadishu)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:157

The Strengthening Somali Governance (SSG) program, funded by USAID, created a web-based bill tracking database for the federal Parliament. This tool enables government officials and citizens to monitor the entire legislative process, from draft to approval, in a transparent and accessible manner.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Mogadishu)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:15

SB Score:106

Solargen aims to empower underserved African communities with sustainable solutions for energy, water, and food security. Through fair business practices, they strive to make a positive impact on people's lives.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Mogadishu)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse

Beder Electricity Company offers wind and diesel-generated electricity as well as renewable energy infrastructure, heavy crane services, and a fabrication workshop. Providing clean energy solutions and various services, Beder is committed to sustainability and efficient energy production.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Hargeisa)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:55

JikoBiogas was established in Jowhar, Somalia to bring alternative clean cooking energy to Somalia where charcoal is the primary cooking energy, which has become not only expensive but was also threatening the remaining forest of this semi-arid land.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Mogadishu)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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Total amount:10

SB Score:23

SomGrain is a manufacturing company. Their core business is adding value to locally produced grains through milling and processing. The company grinds corn kernels into sifted flour for human consumption.

Industry:
Foodtech
Subindustry:
Food and Beverage

City Rank (Mogadishu)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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Somali Agribusiness Group is an innovative agribusiness focused on the trade of various agricultural products in Somalia and internationally. The group was established in 2018 and is headquartered in Mogadishu (Somalia). Its goal is to connect local farmers to global markets and get better prices for their products.

Industry:
Foodtech
Subindustry:
Food and Beverage

City Rank (Mogadishu)

0

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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Unranked

Dualeh Food utilized a matching grant from the Somali AgriFood Fund to set up a greenhouse, implement drip irrigation, and acquire a truck for product transportation in Somaliland.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Hargeisa)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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Total amount:5

Top Cities for Startups in Somalia - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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