Sporting Goods Startups in Africa
Overview Powered by AI
Sporting goods market gaining traction, driven by rising fitness awareness and urbanization. Local brands like Elbotola thriving on price advantage and cultural relevance. However, challenges remain, including limited access to financing and competition from international giants. Local businesses believe government support and investment in infrastructure are crucial for long-term growth.
Cummulative Funding
$350K+
Total # of Companies
2
Total Deal Count
1
Total M&A Count
1
Total # of Investors
1
List of Sporting Goods startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Elbotola is a portal of sports information. | Series A | $ 350,000 | 2008 | |
Magma is an Egyptian startup that brings the highest quality materials with the latest tech to provide athletes with superior sportswear. | Undisclosed | Undisclosed | 2018 |
Founded
2008
Overview
Elbotola is a portal of sports information.
Last round
Series A
Total raised
$ 350,000
Employee
11-50
Founded
2018
Overview
Magma is an Egyptian startup that brings the highest quality materials with the latest tech to provide athletes with superior sportswear.
Last round
Undisclosed
Total raised
$ 0
Employee
51-200