Local Business Startups in Africa
Overview Powered by AI
Local Business in West Africa is a tough market to crack. Players like DealDey and Optinov have struggled to gain traction due to challenges such as low internet penetration, lack of trust in online platforms, and intense competition from informal markets. Local business leaders are skeptical about the viability of online marketplaces but remain open to innovative solutions that can address these challenges.
Cummulative Funding
$5.1M+
Total # of Companies
2
Total Deal Count
2
Total M&A Count
0
Total # of Investors
3
List of Local Business startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
DealDey features a daily deal on things to do, see, eat, and buy in Lagos and Abuja. | Series B | $ 5,000,000 | 2011 | |
Optinov produces and commercializes gas oil locks for trucks and heavy goods vehicles. | Series A | $ 190,000 | 2014 |
Founded
2011
Overview
DealDey features a daily deal on things to do, see, eat, and buy in Lagos and Abuja.
Last round
Series B
Total raised
$ 5,000,000
Employee
251-500
Founded
2014
Overview
Optinov produces and commercializes gas oil locks for trucks and heavy goods vehicles.
Last round
Series A
Total raised
$ 190,000
Employee