Leasing Startups in Africa
Overview Powered by AI
Leasing is rising across Africa, driven by infrastructure needs and a lack of capital. Local business leaders see it as a viable alternative to traditional financing, offering flexibility and tax benefits. EFAfrica Group is a key player, providing innovative leasing solutions tailored to local market demands.
Cummulative Funding
$20.7M+
Total # of Companies
3
Total Deal Count
9
Total M&A Count
0
Total # of Investors
16
List of Leasing startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
EFAfrica Group (EFAG) is a growing East African equipment leasing business, focused on the SME sector, including agriculture. | Venture | $ 12,000,000 | 2016 | |
MyCredit is a Kenyan consumer-focused fintech offering quick loans and insurance solutions to individuals. | Debt Financing | $ 8,600,000 | 2015 | |
Gigmile empowers Africa’s gig workers with vehicle financing and mobility-focused financial services. | Funding Round | $ 120,000 | 2022 |
Founded
2016
Overview
EFAfrica Group (EFAG) is a growing East African equipment leasing business, focused on the SME sector, including agriculture.
Last round
Venture
Total raised
$ 12,000,000
Employee
Founded
2015
Overview
MyCredit is a Kenyan consumer-focused fintech offering quick loans and insurance solutions to individuals.
Last round
Debt Financing
Total raised
$ 8,600,000
Employee
201-500
Founded
2022
Overview
Gigmile empowers Africa’s gig workers with vehicle financing and mobility-focused financial services.
Last round
Funding Round
Total raised
$ 120,000
Employee
11-50