50 Top startups in Somalia for January 2025

We rank Zaad, Wadaag Investment and Waafi App in Somalia along with 47 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Somalia ranks #101 globally and #5 in Eastern Africa.

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Best Startups in Somalia for 2025

1st

Zaad
SB Score:342

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

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

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SB Score:229

WADAAG Investment is an innovative investment firm dedicated to becoming the premier investor in Somaliland by offering halal investment solutions that cater to diverse investor needs. With a commitment to ethical practices, WADAAG Investment aims to drive growth and prosperity in the region.

Industry:
Fintech
Subindustry:
Financial Services

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:227

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)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:198

Wadaag Technologies is a forward-thinking IT company delivering innovative solutions tailored for modern businesses. Specializing in advanced technology services, Wadaag provides a diverse range of cutting-edge products designed to meet evolving business needs and drive success in a competitive landscape.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Hargeisa)

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:179

Strenthening Somali Governance (SSG), a USAID funded program, developed a web-based bill tracking database for the federal Parliament, which serves as a tool for government and citizens to track the progression of legislation from drafting through approval.

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:170

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

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:157

SOiBSO SUUQ is the premier B2B platform in Somaliland and Somalia, empowering traders to modernize their trading practices. By offering innovative tools and extensive marketing reach, it enables businesses to enhance productivity, streamline sales management, and elevate brand visibility in the marketplace.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

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:155

Amin Technology Co., Ltd. is a leading supplier of IT products and services in Somaliland, with a focus on innovation and future expansion to international markets. They stay ahead in the ever-evolving IT sector by continuously monitoring new technologies and service methods to meet customer needs.

Industry:
Software & Data
Subindustry:
Apps

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:154

Adeeg is a digital marketplace offering a wide range of food, groceries, electronics, mobile phones, and beauty products from top brands. Shop conveniently for all your needs in one place.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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:151

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

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:140

Hdaweeye is a convenient ride sharing app for Hargeisa, Somaliland, connecting users with reliable transportation options. Easily book rides, share trips, and contribute to a sustainable transportation network in your city.

Industry:
Transportation
Subindustry:
Ride-Hailing

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:54

Top 15 Software & Data Startups in Somalia for 2025

The top three Software & Data startups in Somalia have raised more than USD 110K. Somalia ranks #83 globally for the Software & Data industry.
SB Score:198

Wadaag Technologies is a forward-thinking IT company delivering innovative solutions tailored for modern businesses. Specializing in advanced technology services, Wadaag provides a diverse range of cutting-edge products designed to meet evolving business needs and drive success in a competitive landscape.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:179

Strenthening Somali Governance (SSG), a USAID funded program, developed a web-based bill tracking database for the federal Parliament, which serves as a tool for government and citizens to track the progression of legislation from drafting through approval.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Mogadishu)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:170

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
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Total amount:15

Top 10 Energy & Environment Startups in Somalia for 2025

Somalia ranks among the top 10 locations in the world for startups in Energy & Environment, holding the 2nd position.
SB Score:151

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

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SB Score:71

KUBE ENERGY is a Renewable Energy Company that provides clean, reliable, and affordable energy in hard-to-reach and fragile areas.

Industry:
Energy & Environment
Subindustry:
Clean Energy

City Rank (Baidoa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

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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

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

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Total amount:10

Top 6 Fintech Startups in Somalia for 2025

The top three Fintech startups in Somalia have raised more than USD 500K. Somalia ranks among the top 10 locations in the world for startups in Fintech, holding the 3rd position.

1st

Zaad
SB Score:342

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
View full page
SB Score:229

WADAAG Investment is an innovative investment firm dedicated to becoming the premier investor in Somaliland by offering halal investment solutions that cater to diverse investor needs. With a commitment to ethical practices, WADAAG Investment aims to drive growth and prosperity in the region.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:227

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)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page

Total amount:6

Most Funded Startups in Somalia for 2025

The top three most funded startups in Somalia have raised total funding of more than USD 650K. Wadaag Investment has 3.55% more funding than WADAAG TECHNOLOGIES.
SB Score:229

WADAAG Investment is an innovative investment firm dedicated to becoming the premier investor in Somaliland by offering halal investment solutions that cater to diverse investor needs. With a commitment to ethical practices, WADAAG Investment aims to drive growth and prosperity in the region.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:198

Wadaag Technologies is a forward-thinking IT company delivering innovative solutions tailored for modern businesses. Specializing in advanced technology services, Wadaag provides a diverse range of cutting-edge products designed to meet evolving business needs and drive success in a competitive landscape.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:157

SOiBSO SUUQ is the premier B2B platform in Somaliland and Somalia, empowering traders to modernize their trading practices. By offering innovative tools and extensive marketing reach, it enables businesses to enhance productivity, streamline sales management, and elevate brand visibility in the marketplace.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page

Total amount:54

Top Hiring Startups in Somalia by Employee Number

The top three hiring startups in Somalia have an median employee size that is between [51-100]

1st

Zaad
SB Score:342

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
View full page
SB Score:229

WADAAG Investment is an innovative investment firm dedicated to becoming the premier investor in Somaliland by offering halal investment solutions that cater to diverse investor needs. With a commitment to ethical practices, WADAAG Investment aims to drive growth and prosperity in the region.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:227

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)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:198

Wadaag Technologies is a forward-thinking IT company delivering innovative solutions tailored for modern businesses. Specializing in advanced technology services, Wadaag provides a diverse range of cutting-edge products designed to meet evolving business needs and drive success in a competitive landscape.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Hargeisa)

0

View

Regional Rank (Eastern Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page

Total amount:50

Explore the Startup Ecosystem of Somalia

Population

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18.1 Million

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Regional Rank

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5th

0

Global Rank

(WorldWide)

101st

3

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