The one thing that gives me hope for somali's tech industry is that we have these large telecom companies that are owned and were built from the ground up by Somalis. That kind of instutional knowledge is incredibly valuable and these companies probably played a huge role in creating the tech talent pool in somalia from which future growth is possible.
One thing I want somalis to stay away from is this tech innovation ( softwatere as service )startup b.s. which is basically 90% of "tech startups" it's in my opinion the biggest scam in the world. It's given people the illusion that that all these "tech hubs" in africa, Latin America, and the middle east are actually doing something. real tech is stuff like semiconductors, biotechnology, electric cars, battery technology, etc.
Somalia's telecommunications industry has produced more value than 90% of the African "tech hubs" because it's created infrastructure and a talent pool of tech workers however modest it might seem.
Spot on. Somalia’s telecom and fintech infrastructure was created from scratch by Somali entrepreneurs, not foreign firms or aid agencies. Hormuud, Golis, Somtel, Telesom etc are 100% Somali-owned and provide jobs, services, and platforms for other industries to grow.
Institutional knowledge in these firms is deep, practical, and homegrown unlike countries that outsource tech or rely on expat executives.
Another thing you pointed out which is also correct is:
Real Infrastructure > Hype Startups
The tech startup model in much of Africa is dominated by overhyped, underperforming ventures that burn investor money chasing unicorn dreams.
Somalia, by contrast, has focused on applied technology:
- Mobile money
- Agricultural info services
- Logistics, delivery, education, and remittance integration
- Online marketplaces and banking access
- Telemedicine/health
Most tech in Somalia are geared towards facilitating telecom, agriculture, finance and trade and provide innovative solutions that help and reach people.
Somalia is also leading continental hub of Fintech, with services like EVC Plus, Jeeb, E-Dahab, ZAAD, SAHAL, MyCash, and E-basa.
Basically Somalis approach the use of technology as a source of practical solutions and sustainable infrastructure.
Now are starting to see Somalis move towards things like
- Device manufacturing (routers, mobile phones)
- Software engineering (ERP, fintech platforms, agri-tech tools)
- Renewable energy tech (solar battery systems, smart grids)
But yeah you are right we should avoid "SaaS startup trap" like most African tech hubs, they Raise VC funds, Hire elite teams, Build apps with no real use-case, Collapse in 2-3 years.
Somalia’s quiet telecom & fintech revolution is worth more than 10 flashy incubators in Nairobi that collapse after the next funding round.