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LAfricaMobile Closes its $7 Million Series A Funding to Drive Cloud Communication and AI in Africa

New Investments

LAfricaMobile Closes its $7 Million Series A Funding to Drive Cloud Communication and AI in Africa

LAfricaMobile, a leader in cloud communication and artificial intelligence (AI), has successfully closed its Series A funding round, raising a total of €6.5 million ($7 million).

The funding, which includes a €4.3 million ($4.5 million) initial round in April and support from key investors such as Janngo Capital, Southbridge Investments, Ciwara Capital, KJ Holding, Audentes Capital, DMG Promotion, and 150 O bter, was finalized with backing from Bpifrance.

This milestone solidifies LAfricaMobile’s mission to empower African businesses by enabling multichannel and inclusive customer interaction through mobile communication.

Malick Diouf, CEO of LAfricaMobile, highlighted the significance of this achievement:

“The finalization of this Series A of €6.5 million ($7 million) marks an important step for the development of LAfricaMobile,” he said.

“This demonstrates investors’ confidence in our value proposition for the Cloud Communication and AI market in Africa and underscores our ability to meet the needs of African companies for seamless customer interaction,” he added.

Diouf also emphasized the company’s commitment to delivering impactful solutions across various sectors, including banking, insurance, fintech, health, education, agriculture, public services, and environmental initiatives.

Raymond Mendy, Executive Director of LAfricaMobile, expressed enthusiasm about the company’s next phase:

“LAfricaMobile is at a crossroads in its development strategy. We face the dual challenge of expanding coverage in French-speaking Central Africa and the opportunity to support public and private organizations in their digital transformation processes.”

“Our tailored service offerings are designed to address the needs of these communities effectively.”

The Series A funding will be instrumental in accelerating the company’s expansion and enhancing its technological capabilities to maintain its leadership position in French-speaking Africa’s cloud communication and AI landscape.

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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Kelvin Umechukwu: Pioneering Digital Transformation for African Entrepreneurs

Kelvin Umechukwu: Pioneering Digital Transformation for African Entrepreneurs

Kelvin Umechukwu is a Nigerian tech entrepreneur and community builder who advocates for digital innovation in Africa’s small business sector.

He is the co-founder and CEO of Bumpa, a rapidly growing social commerce platform that empowers small and medium-sized enterprises (SMEs) in Africa to establish and manage online stores using their mobile devices.

With an unwavering commitment to bridging the gap between technology and grassroots businesses, Kelvin is redefining how African entrepreneurs interact with digital tools to grow their businesses.

Kelvin’s journey into the tech ecosystem is rooted in his passion for solving real-world problems through innovation.

Before founding Bumpa in 2021, Kelvin served as Program Manager at Co-Creation Hub (CcHUB), one of Nigeria’s leading innovation hubs.

In this role, he was instrumental in fostering tech-driven solutions and building programs that supported startups and entrepreneurs.

Additionally, Kelvin held the position of Head of Business Development at TechQuest STEM Academy, where he managed STEM-focused programs across multiple Nigerian states.

Through this initiative, he trained over 20,000 young people, equipping them with essential skills in science, technology, engineering, and mathematics.

Understanding the challenges faced by SMEs in Africa, Kelvin co-founded Bumpa to offer an all-in-one solution for business digitization.

The platform enables merchants to manage inventory, track sales, fulfill orders, and engage customers seamlessly from their mobile phones.

Bumpa’s mission is to digitize African commerce, making it more accessible, inclusive, and efficient.
Bumpa has grown significantly under Kelvin’s leadership, serving over 50,000 SMEs within two years of its launch.

Kelvin’s work at Bumpa addresses critical barriers that hinder SMEs from participating in the digital economy.

These include limited access to digital infrastructure, lack of business management tools, and challenges in connecting with broader markets.

Kelvin is also committed to creating an ecosystem where African entrepreneurs, regardless of their backgrounds, can access the tools, knowledge, and resources needed to succeed.

He believes that digitizing commerce is not just about technology but about fostering inclusion, resilience, and growth in underserved communities.

 

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Senegal-Based Eyone Secures $1 Million to Boost Digital Health Across Africa

New Investments

Senegal-Based Eyone Secures $1 Million to Boost Digital Health Across Africa

Digital health startup Eyone, based in Senegal, has raised $1 million in funding to strengthen its position in the industry and advance its expansion throughout Africa.

Established in 2015 by Henri Ousmane Gueye, Eyone focuses on providing digital solutions to foster a connected healthcare ecosystem.

Its platform bridges patients with essential stakeholders, such as hospitals, clinics, insurers, international organizations, and governments, to ensure more efficient and coordinated healthcare delivery.

The funding round was primarily supported by the Sonatel Group, which contributed $855,000 through its investment arm, Véhicule d’Investissement et de Financing (VIF), alongside $145,000 from BICIS.

The financial boost will help Eyone refine its digital health services, broaden its reach, and introduce innovative healthcare solutions tailored for the African market.

Eyone’s vision is to transform healthcare on the continent by harnessing technology to close gaps in access and improve the quality of services available to patients and healthcare providers.  

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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