App Development Startups in Africa

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App development is booming in Southern Africa, driven by increasing smartphone penetration and the need for localized solutions. Local business leaders are bullish, recognizing the potential for apps to improve efficiency, reach new customers, and drive innovation. However, challenges remain, including limited funding, a shortage of skilled developers, and the need for improved infrastructure.

Cummulative Funding

$3.5M+

Total # of Companies

6

Total Deal Count

5

Total M&A Count

0

Total # of Investors

4

List of App Development startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Mnzl is an Egyptian asset-backed lending platform that enables users in Egypt to leverage their assets as collateral to apply for loans.

Seed

$ 3,500,000

2022

2.

E-Rezk is an Egyptian e-commerce mobile app builder that makes it easy for people with no technical background to create an e-commerce mobile app.

Non-equity Assistance

Undisclosed

2018

3.

SplendApp is an Egyptian Mobile App Creator (Saas) that secures the mobile application development & productions process.

Pre-seed

Undisclosed

2020

4.

WasilaDev is an Egyptian software development startup

Undisclosed

Undisclosed

2008

Mnzl

Founded

2022

Overview

Mnzl is an Egyptian asset-backed lending platform that enables users in Egypt to leverage their assets as collateral to apply for loans.

Last round

Seed

Total raised

$ 3,500,000

Employee

11-50

E-Rezk

Founded

2018

Overview

E-Rezk is an Egyptian e-commerce mobile app builder that makes it easy for people with no technical background to create an e-commerce mobile app.

Last round

Non-equity Assistance

Total raised

$ 0

Employee

2-10

SplendApp

Founded

2020

Overview

SplendApp is an Egyptian Mobile App Creator (Saas) that secures the mobile application development & productions process.

Last round

Pre-seed

Total raised

$ 0

Employee

11-50

WasilaDev

Founded

2008

Overview

WasilaDev is an Egyptian software development startup

Last round

Undisclosed

Total raised

$ 0

Employee

11-50

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