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Ivory Coast cloud communication startup LAfricaMobile raises $4.6M to accelerate expansion across French-speaking Africa 🇨🇮

Ivory Coast cloud communication startup LAfricaMobile raises $4.6M to accelerate expansion across French-speaking Africa 🇨🇮

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#funding
Ivory Coast-based cloud communication startup LAfricaMobile has successfully raised $4.6 million in a Series A funding round, aimed at accelerating its expansion across French-speaking Africa. Founded in 2014, LAfricaMobile offers a suite of mobile communication solutions, including SMS, USSD, voice, WhatsApp, airtime, and text-to-speech, facilitating large-scale communication campaigns.

LAfricaMobile Secures $4.6M Series A Funding to Expand Across French-Speaking Africa.


🚀 LAfricaMobile is set to revolutionize communication campaigns with cutting-edge mobile technologies and AI integration!

Summary:


Key Highlights:

  • Expansion Plans: With nearly 100 million transactions, LAfricaMobile has already connected over 15 countries and 60 operators. The new funding will support further expansion in Central Africa and enhance product offerings.
  • Investment: The Series A round was led by Janngo Capital, with participation from French footballers Aurélien Tchouaméni and Jules Koundé, Expensya founders Karim Jouni and Jihed Othmani, and VC firms SouthBridge Investments and Ciwara Capital.
  • Technological Advancements: The funds will be used to integrate artificial intelligence into their services, providing better value to customers and partners.
  • Vision and Market Impact: Fatoumata Bâ, founder and executive chair of Janngo Capital, praised LAfricaMobile's vision and technology, noting its significant potential in a market projected to reach $150 billion by 2030.

🌍 LAfricaMobile's innovative approach at the intersection of telecommunications, marketing, and financial services is poised to transform communication strategies across Africa!


By securing substantial investment and focusing on technological enhancements, LAfricaMobile is set to enhance communication accessibility and efficiency throughout the region, promising a brighter, more connected future for French-speaking Africa.


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