Talenteo, Paysika, ChipMango, Delta Oil & Bekia Secure Madica Funding

Talenteo, Paysika, ChipMango, Delta Oil, and Bekia have secured up to USD 200 K each from Madica as part of its latest pre-seed investment cohort, expanding the startups’ access to capital and company-building support.

Talenteo, co-founded by Louai Djaffer in Algeria, provides HR management software for mid-market businesses across Francophone Africa. Cameroon-based Paysika, co-founded by Roger Nengwe and Stezen Bisselou, operates a digital neobank offering payment cards and financial services.

Nigeria’s ChipMango, co-founded by Ola Fadiran and Jovan Andjelich, is developing semiconductor design and Edge AI capabilities.

Egypt’s Delta Oil, co-founded by Serag Moussa, connects used cooking oil collectors with renewable-fuel buyers, while Bekia, founded by Alaa Afifi, digitises recyclable-waste collection. The startups will also join Madica’s 18-month support programme.