 A number of large firms also have their headquarters in Mogadishu . Among these is the Trans @-@ National Industrial Electricity and Gas Company , an energy conglomerate founded in 2010 that <unk> five major Somali companies from the trade , finance , security and telecommunications sectors . Other firms based in the city include <unk> Telecom , the largest telecommunications company in southern and central Somalia . <unk> is another telecommunications service provider that is centered in the capital . The local Somali Energy Company specializes in the generation , transmission and distribution of electric power to residents and businesses within its service area in Banaadir . Villa and Mansion Architects , an international architectural firm founded by the Somali @-@ British architect Alexander Yusuf , likewise has its regional offices in Mogadishu . Additionally , the International Bank of Somalia , which opened downtown in 2014 , offers Islamic finance and international banking services via a swift code system . The Islamic Insurance Company ( First <unk> and Re @-@ <unk> Insurance Company ) was concurrently established , and is the city 's first full service insurance firm in many years . The Central Bank of Somalia , the national monetary authority , also has its headquarters in Mogadishu . 
