Pension Startups in Africa

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Pension market heating up in Pan-Africa. Players like Sigma Pensions and Awabah expanding rapidly, attracting local business leaders. Word on the ground suggests strong growth potential, driven by increasing financial literacy and government initiatives.

Cummulative Funding

$62.3M+

Total # of Companies

3

Total Deal Count

6

Total M&A Count

0

Total # of Investors

9

List of Pension startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Sigma Pensions is a pension fund administration platform.

Venture

$ 62,000,000

2004

2.

Secure your future with Awabah's digital pension platform for self-employed Africans.

Grant

$ 370,000

2021

3.

HEDG is a Cairo-based fintech startup

Seed

Undisclosed

2023

Founded

2004

Overview

Sigma Pensions is a pension fund administration platform.

Last round

Venture

Total raised

$ 62,000,000

Employee

201-500

Awabah

Founded

2021

Overview

Secure your future with Awabah's digital pension platform for self-employed Africans.

Last round

Grant

Total raised

$ 370,000

Employee

11-50

HEDG

Founded

2023

Overview

HEDG is a Cairo-based fintech startup

Last round

Seed

Total raised

$ 0

Employee

2-10

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