Consumer Startups in Africa

Overview Powered by AI

Consumer is a challenging market. Local business leaders are skeptical of new entrants, as many have failed in the past. However, there is some optimism around Moove, AfricaSokoni, and WomenChoice Industries due to their strong local partnerships and understanding of the market. The key to success in this market is to offer a differentiated product or service that meets the specific needs of local consumers.

Cummulative Funding

$448.5M+

Total # of Companies

4

Total Deal Count

23

Total M&A Count

0

Total # of Investors

40

List of Consumer startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Moove is a Nigerian mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs across Africa.

Series B

$ 447,200,000

2019

2.

AfricaSokoni is an e-commerce platform headquartered in Kenya, we offer web and mobile platforms that bring merchants and consumers together

Corporate

$ 995,000

2017

3.

WomenChoice Industries is a manufacturer and distributor of low-cost, affordable, reusable sanitary towels.

Seed

$ 200,000

2018

4.

AI Supply Chain Management Solution

Grant

$ 107,000

2017

Moove

Founded

2019

Overview

Moove is a Nigerian mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs across Africa.

Last round

Series B

Total raised

$ 447,200,000

Employee

51-200

Founded

2017

Overview

AfricaSokoni is an e-commerce platform headquartered in Kenya, we offer web and mobile platforms that bring merchants and consumers together

Last round

Corporate

Total raised

$ 995,000

Employee

11-50

Founded

2018

Overview

WomenChoice Industries is a manufacturer and distributor of low-cost, affordable, reusable sanitary towels.

Last round

Seed

Total raised

$ 200,000

Employee

Werpx

Founded

2017

Overview

AI Supply Chain Management Solution

Last round

Grant

Total raised

$ 107,000

Employee

1-10

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