Deal Street

2024 African Venture Capital Report

Coming Soon

African Startup Funding Tracker

$1,966,715,627+

*Data updated daily at 18:00 EAT

Senegalese Cloud Communication Startup LAfricaMobile Raises USD 4.6 M Series A
Senegalese Cloud Communication Startup LAfricaMobile Raises USD 4.6 M Series A

Senegal-based cloud communication startup LAfricaMobile has raised a USD 4.6 M Series A round of funding to accelerate its expansion across French-speaking Africa. The round was led by Janngo Capital, and also included French footballers Aurélien Tchouaméni and Jules Koundé. Expensya founders Karim Jouni and Jihed Othmani also invested, as did VC firms SouthBridge Investments and Ciwara Capital.

Founded in 2014, LAfricaMobile allows clients to carry out large-scale communication campaigns using mobile technologies like SMS, USSD, voice, WhatsApp, airtime and text-to-speech. LAfricaMobile will use the funding to consolidate its financial position and accelerate its expansion in French-speaking Africa. The funds will be used to develop the company’s activities in Central Africa and to invest further in its products, in particular by integrating artificial intelligence in order to offer better added value to its customers and partners.