Directory · SO
Financial Services in Somalia
A register of firms and the professionals working at them in the Financial Services sector based in Somalia. Browse the public index, then filter or export on Kipplo.
Companies
27 on file
Somali Economic Forum
The Somali Economic Forum (SEF) is an international and independent organization committed to fostering economic growth in Somalia through the facilitation of investment and producing detailed research into economic & financial trends within Somalia. The Somali Economic Forum aims to do this by engaging business leaders, multinational companies, academics and influential policymakers to foster business activity and Foreign Direct Investment within Somalia and abroad. SEF was established as a forum to formulate strategies to institute national economic development. SEF has been evolving dynamically to reflect the changing economic landscape in the country & has established itself as the premier economic and financial institution focused on Somalia. As a result of its international focus, SEF has its European Head Office based in London and other hub offices across Somalia and also a North America Head Office based in Toronto, Canada. The Somali Economic Forum has become indispensable as a medium for the study of economic trends in Somalia and the wider Horn of Africa, incorporating the latest research, developments and trends stimulating business activity. Through its prestigious, annual Somalia Investment Summits (SIS) the Somali Economic Forum has succeeded in bringing together leading banking and finance executives, investors and business experts. SEF has succeeded in fostering strategic international partnerships in order to encourage Foreign Direct Investment and improving best business practices within Somalia. The Somali Economic Forum’s key objectives are varied and a principle objective is to attract Foreign Direct Investment to Somalia by promoting the Somali brand, informing global investors & multinational firms about the diverse investment and business opportunities available within Somalia. SEF has as its main principle; the desire to “bridge the gap” by connecting local Somali businesses with international investors and firms.
11 to 50 staff
Maal Microfinance L.T.D
We exist to provide businesses, economically active poor and extremely poor the power to grow.
11 to 50 staff
Bulsho Sacco
Bulsho is a member owned, Sharia compliant and non-common bond SACCO duly registered in Somalia to provide financial and social inclusion to the low income but economically active members of the Somali population.
11 to 50 staff
Somali Bankers Association
Somali Bankers Association (SBA) was established in 2016 and is recognized by the Central Bank of Somali as the official Association to represent the country’s private banking sector. SBA is the financial sector’s leading advocacy group and the umbrella body of institutions licensed and regulated by the Central Bank of Somali (CBS) with a current membership of 13 commercial banks of all sizes.
1 to 10 staff
Himilo Microfinance
Himilo is a financial institution that provides micro-lending to economically disadvantaged and low-income households, particularly women and youth.
11 to 50 staff
Fartuna Investments
At Fartuna Investments, we provide products and financial services to our clients and make them succeed in their financial goals. For more information visit our website:
1 to 10 staff
Institute Of Public Finance -Somalia Ipf-S
Founded in 2015, the Institute of Public Finance Somalia (IPFS) plays a pivotal role in enhancing public financial management and fostering sustainable economic growth in Somalia. Here's a summarized overview- Mission: IPFS aims to improve PFM, and governance structures and foster economic growth through strategic reforms- Vision: Becoming a cornerstone of economic resilience and governance excellence in Somalia- Core Values: Integrity, transparency, inclusivity, innovation, and collaboration drive IPFS's efforts to ensure equitable participation and promote ethical conduct- Key Objectives: Enhance public financial management and tax administration frameworks. Drive public sector reforms and digital governance advancements. Improve the business environment and support economic diversification. Promote inclusive development in health, education, and social services. Advocate for climate resilience and environmental sustainability. Areas of Expertise- Public Financial Management: Specializing in fiscal policy development and financial governance- Public Administration: Focusing on institutional reforms and anti-corruption efforts- Digital / E-Governance: Pioneering digital solutions for efficient government operations- Business Environment: Enhancing economic growth through legislative improvements and public-private partnerships- Health, Education, Gender, and Social Services: Committing to reforms for broader access and equality- Environmental Initiatives: Leading sustainable environmental practices and policies. Impact Highlights- Significant contributions to governance and public sector reforms, enhancing transparency and accountability- Initiatives in fiscal decentralization and sustainable development promoting economic resilience- Pioneering work in e-governance streamlining public services and administrative efficiencies- Advocacy for green policies and climate-sensitive budgeting steering Somalia towards a sustainable future.
11 to 50 staff
Dahabshiil Group
Dahabshiil Group, an esteemed African conglomerate established in 1970, has evolved into a dynamic force with a diverse portfolio spanning Banking, Money Transfer, Telecommunication, Oil & Gas, Utilities, and Automobiles across the Horn of Africa. Originating as a remittance venture to facilitate migrant transactions to East Africa, Dahabshiil has since grown into a family-owned, fully compliant financial institution with a global presence in 126 countries, including a substantial footprint in 40 African nations. As a pioneering entity, Dahabshiil is committed to introducing innovation, efficiency, and cost-effective financial services and products, particularly tailored to uplift some of the world's most underbanked populations. This conglomerate stands out not only for its financial prowess but also for its social responsibility. Dahabshiil directs 5% of all profits toward charitable causes, with a specific focus on initiatives related to youth empowerment, education, healthcare, food security, and the reconstruction of infrastructure ravaged by conflict. Dahabshiil Group's unwavering dedication to excellence and its multifaceted presence in critical sectors underscore its pivotal role in shaping and advancing the economic landscape across the Horn of Africa.
5001 to 10000 staff
Kims Microfinance
Launched in 2014 KIMS is Somalia’s first and only dedicated and privately-owned microfinance institution. KIMS operates on commercial basis providing enterprise financing and linked savings services to low income but economically active Somalis and Somali small businesses. Headquartered in Hargeisa, Somaliland, KIMS has operations via 11 branches in nine locations throughout Somaliland, Puntland and Southern and Central Somalia. KIMS havs provided financial services to over clients since launch in 2014 with a total of more than $8 million provided in financing which have resulted in the creation of an estimated new jobs. KIMS is the market leader in the provision of microfinance services in Somalia.
51 to 200 staff
Edir App
Easily move money between your mobile wallets. eDir is brought to you by Bixi, a payment gateway that aggregates multiple providers into one.
11 to 50 staff
Somali Stock Exchange
The Somali Stock Exchange (SSE) is a ground-breaking organisation dedicated to enriching and empowering Somalia’s growing economy. The Exchange was founded by members of the Somali Economic Forum (SEF) and has made history by being the first ever stock exchange to operate in Somalia. Since selling our first shares on 1st September 2015 in our offices in Garowe, Mogadishu and Hargeisa, our company has gained a reputation for excellence, professionalism and innovation. Our Vision is to make the Somali Stock Exchange the premier market for servicing stakeholders and partners in the Horn of Africa and the surrounding areas. Our Mission is to empower customers through world class technology, products and business solutions, operating a high-quality stock exchange that nurtures home grown talent and attracts investors from all over the world. We are committed to creating a medium that is fair, transparent, and – most importantly – highly efficient for all.
11 to 50 staff
Ardipay
Ardipay is a cutting-edge platform revolutionizing the way schools manage invoicing and payment tracking. Our innovative solution seamlessly integrates with local financial providers, putting the power of efficient payment management directly at your fingertips. Say goodbye to the headaches of traditional invoicing systems – Ardipay streamlines the entire process, making it easier than ever for schools to send invoices, track payments, and stay organized. With Ardipay, schools can focus on what truly matters: providing exceptional education, while we take care of the rest.
1 to 10 staff
Raas Mfi
We offer a wide range of loan Service
11 to 50 staff
Bulsho Sacco - Sl
Bulsho is a member owned, Sharia compliant and non-common bond SACCO duly registered in Somalia to provide financial and social inclusion to the low income but economically active members of the Somaliland population.
11 to 50 staff
Somali Center For Financial Inclusion
Aiming to be at the forefront of financial inclusion, the Somali Center for Financial Inclusion is dedicated to developing and advocating for sustainable financial policies. We strive to bridge the gap in financial accessibility, empowering communities through inclusive financial strategies and innovations
1 to 10 staff
Hayl
Hayl categorizes all your transactions automatically, so you don't need to lift a finger. Hayl shows you your current balance and all your transactions in one place. Hayl gives you a summary of your activities which will allow you to make informed decisions about your money. Hayl dashboard gives small and large business birds view on business activities across multiple accounts such as Telesom (Zaad) and Hormuud (EVCPlus).
1 to 10 staff
Zebra Trading
The Leader in Somali Securities, Currencies, Commodities and Digital Coins Trading Equity partner developing sharia-compliant financing instruments. We are finance working capital for traders. We will help you grow your investor portfolio. Our Services:> Shareholding > Micro-Investing > Stock Distribution CONTACT US +16474105442/904314724/ 638784330 info@zebratradingsom.com Follow us on: X:@zebratradingsom
1 to 10 staff
Sopay
SoPay is a mobile money service based in Somalia that allows users to pay and transfer money through their mobile phones.
11 to 50 staff
Gargaara Company Limited
GARGAARA established in April 2019 by FGS, with support of WB/IFC, as an apex institution. To date, with the support from WB, FGS has approved the charter of GARGAARA; appointed its governing board consisting of members drawn from the private and public sector, as well as a representative from the MPF donor community; and recruited key management team.
201 to 500 staff
Bushra Microfinance
Bushra Microfinance is a unique Somali-owned financial services provider founded by scholars who have vast experience in the microfinance industry. It was previously known as Somali Women Welfare Trust
1 to 10 staff
Ideal Consultants
Ideal Consultant is an integrated and independent consulting firm registered in Somalia. We provide consulting services including internal audit, tax, legal, financial and strategy management advisory services in Somalia. Ideal Consultants clients include both public and private sector. They include: Non-Governmental Organisations (NGOs), Civil Society Organisations (CSO), Community Based Organisations (CBOs), Governmental Ministries, Departments and Agencies, Educational Institutions, and the Small and Medium Size Enterprises (SMEs).
1 to 10 staff
Hogaan Microfinance
Hogaan Microfinance is a non-deposit financial institution committed to empowering vulnerable and low-income households in Somalia. We promote resilience and economic growth by providing accessible, Sharia-compliant financial services tailored to the needs of underserved communities.
11 to 50 staff
Premis 2 Programme
PREMIS 2 programme aims to strengthen Domestic Revenue Mobilization and enhance Public Financial Management at both Federal and State levels in Somalia.
11 to 50 staff
Kaashy
Kaashy is a fintech startup offering a seamless fiat swap app that simplifies digital finance. Our platform allows users to easily swap money across wallets, providing a secure and transparent way to manage digital transactions. Our app also offers an in-app wallet to save, send, and receive money with bank-level security. We are on a mission to make digital finance in frontier markets more connected, more accessible, and more user-focused.
1 to 10 staff
