Fisheries and the blue economy
Somalia has the longest coastline in mainland Africa, and its fish stocks remain largely under-exploited because of limited industrial capacity. Cold chains, processing plants, port facilities and modern fleets are priority areas.
Livestock
Livestock is the backbone of the economy and Somalia is a leading exporter of live animals to Middle Eastern markets. Opportunities include veterinary services, feedlots, abattoirs, meat processing and export logistics.
Agriculture
The Shabelle and Juba river valleys support irrigated farming of fruit, sesame, maize and vegetables. Irrigation, storage, agro-processing and inputs are in demand.
Energy
Electricity is supplied largely by private providers, and the country has some of the strongest solar and onshore wind resources in Africa. Utility-scale renewables, mini-grids and storage are a major focus.
Telecoms, fintech and digital
Somalia is one of the world's most mobile-money-intensive economies, with wallets such as EVC Plus and e-Dahab used for everyday payments. Data centres, connectivity, payments and digital services continue to grow.
Construction, real estate and logistics
Mogadishu's construction boom — hotels, apartments, offices and retail — is driven heavily by diaspora capital. Ports, warehousing, transport and aviation services support trade with the Gulf, Türkiye and East Africa.
Next steps
Start with Investing in Somalia and Registering a business, then meet local partners through our company directory.
Official resources
- SOMINVEST — Somali Investment Promotion Office (Ministry of Planning, Investment and Economic Development)
- Somali Business Registration System (SBRS) — online company registration
- Ministry of Commerce and Industry — licensing and business registration
- Central Bank of Somalia — licensed banks and money-transfer businesses
- Ministry of Finance — tax and customs
- World Bank — Somalia and IMF — Somalia — economic data and reports
- East African Community — regional trade rules