While the spotlight often shines on headline-grabbing mega-rounds, the bedrock of Africa’s rapidly growing startup ecosystem lies in the consistent flow of smaller (or missed bigger rounds), yet equally vital, investments. This month’s edition of the African Startup Deal Tracker delves into these under-the-radar transactions, encompassing pre-seed funding, angel investments, and strategic acquisitions that collectively paint a picture of sustained growth and investor confidence across the continent. These deals, spanning diverse sectors from agri-tech to legal tech, highlight the ingenuity of African startup founders and the breadth of opportunities being seized.
Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month:
3C Coding School | $3M Seed Round
- Target: 3C Coding School (Egypt)
- Sector: EdTech / AI & Coding Education
- Funding: $3 million Seed
- Investors: MRG Economic Group (Lead), Amr Saad, and strategic angel investors
- Founders: Hossam Hosny, Ahmed Khallaf
- Key Details: Founded in 2015, the platform delivers STEM and software development curricula (web/mobile, data science, AI, game dev, cybersecurity) to youth, serving over 120,000 students.
- Use of Funds: Regional expansion into Saudi Arabia and acceleration of an AI-powered adaptive learning platform.
ChipMango | $1.9M Seed Round
- Target: ChipMango (US / Nigeria)
- Sector: Semiconductors / DeepTech / AI Hardware Infrastructure
- Funding: $1.9 million Seed
- Investors: Atlantica Ventures (Lead), DFS Labs, Kaleo Ventures, Madica, Trilinear Technologies, Malta Ventures
- Founders: Ola Fadiran (CEO), Jovan Andjelich
- Key Details: Founded in 2022, ChipMango operates a cloud-enabled semiconductor design/verification service alongside a browser-based engineering workforce platform (an official Arm Approved Training Partner). Reached ~$200k ARR in 2025 at its Lagos design hub.
- Use of Funds: Expand chip design capacity, establish a European design hub in Malta, launch ecosystem/skills initiatives in Kigali (Rwanda), and scale edge-AI and intelligent sensor IP development.
Village Capital (Africa Ecosystem Catalysts Facility) | $450K Deployment
- Deployer: Village Capital (supported by FMO and RVO; sourcing via Africa Fintech Foundry)
- Capital Deployed: $450,000 across two Nigerian startups (part of a $4M total facility)
- Portfolio Companies:
- Trade Lenda: SME digital financing and embedded lending platform (CEO: Adeshina Adewumi). The backing enabled the company to secure an additional $2 million in local debt facilities.
- AirSmat: Climate-tech firm converting agricultural waste into biochar-based fertiliser (CEO: Soji Sanyaolu). Funds will support the completion and commissioning of its commercial production facility.
Nomba | $3M Debt Facility
- Target: Nomba (Nigeria)
- Sector: Fintech / B2B Cross-Border Payments
- Instrument: $3 million Debt Facility
- Funder: CardinalStone Finance Company Limited
- Leadership: Yinka Adewale (CEO)
- Key Details: Nomba currently processes over $480 million in monthly cross-border transactions across Central Africa and its Canadian-licensed MSB operations.
- Use of Funds: Bolster USD liquidity for Asia–Central Africa corridors (specifically connecting the DRC with trade hubs in Hong Kong, Singapore, and mainland China). The company targets raising an additional $20M–$50M in debt to reach $1 billion in monthly settlement volume.
Camco REPP 2 SCSp | $40M Proposed IFC Senior Debt
- Borrower: Camco REPP 2 SCSp (Luxembourg SFDR Article 9 Debt Fund)
- Sector: Clean Energy / Off-Grid Solar / Renewable C&I Financing
- Proposed Investment: Up to $40 million Senior Debt (10-year door-to-door, 5-year grace)
- Investor: International Finance Corporation (IFC)
- Key Details: REPP 2 targets $2M–$15M ticket sizes for sub-Saharan African solar mini-grids, isolated grids, and commercial/industrial projects aligned with the Mission 300 (M300) energy access initiative.
- Credit Enhancements: 50% minimum structural subordination at the senior level plus an up to $35 million portfolio guarantee provided by Nordic governments.
- Target: Near Secure S.A. (Morocco)
- Sector: Cybersecurity / Information Security Advisory & Audit
- Funding / Deal Structure: Joint Control Equity Investment (34.5% acquired by Build Up Fund; 12.8% acquired by AfricInvest Small Cap Fund LLC)
- Investors / Acquirers: Build Up Fund (managed by Private Equity Initiatives SA) and AfricInvest Small Cap Fund LLC (AfricInvest)
- Key Details: Founded in 2017 in Rabat, Near Secure is an IT security service provider specializing in information security auditing and consulting. The growth equity investments grant the two funds joint control alongside the existing historical shareholders.
Unmarkets | $7.5M First Close
- Target: Unmarkets (Africa / Kenya)
- Sector: Agribusiness / Consumer Food Brands / Agri-Venture Platform
- Funding: $7.5 million First Close (out of a $15 million target for Capital Vehicle 1)
- Investors & Backers: Shell Foundation (catalytic grant), Small Foundation (structuring grant), Oasia (Vadera family office capital), alongside capital vehicle investors
- Leadership: Milan Samani (CEO), Rohit Samani (Operating Partner, ex-CEO of Tilda Rice), Adam Jones (Board Chair, ex-CFO of Pret)
- Key Details: Unmarkets identifies global food trends, partners with African family-owned businesses and smallholder farmers, and invests in vertically integrated, high-value consumer food brands built for export and global markets. The platform currently maintains a pipeline of 6 businesses at various stages.
- Use of Funds: Build out a portfolio of end-to-end food businesses, expand supply chain integration with smallholder farmers, and scale operations across high-growth consumer categories.
SORAM AFRIQUE (OLU 360) | Growth Round
- Target: SORAM AFRIQUE (Senegal)
- Sector: Climate Tech / Circular Economy / Industrial Equipment Refurbishing
- Funding: USD1.3m (€1.2 million) Growth Capital
- Investors: Saviu Ventures (Lead) alongside management team
- Key Details: Operates under parent holding OLU 360 (alongside IRIS AFRIQUE and SIS). Maintains 60 employees, over 2,000 managed printing units, and generates FCFA 1.3 billion in annual revenue through B2B refurbishing.
- Use of Funds: Scale regional West African footprint beyond Senegal, Gambia, and Guinea into Côte d’Ivoire.
Jenzy | Venture Equity Investment
- Target: Jenzy (Pan-African)
- Sector: FinTech / B2B Cross-Border Payment Infrastructure
- Funding: Venture Equity (Undisclosed amount)
- Investors: Kili Ventures
- Founders: Bongani Malaba, Eniola Ajuwon, Daniel Kinuthia, Faisal Patel
- Key Details: Smart multi-rail payment engine that routes transactions dynamically across banking networks, mobile money operators, and regulated stablecoins to solve payment failure across Africa’s trade corridors.
AquaDeep | Venture Equity Investment
- Target: AquaDeep (Tunisia)
- Sector: DeepTech / Ocean Tech / AI Blue Economy
- Funding: Venture Equity (Undisclosed amount)
- Founders: Mohamed Ben Ahmed, Mohamed-Ali C., Youssef Chahed
- Key Details: Deploys computer vision and AI analytics to digitize marine operations, optimize aquaculture yields, and modernize blue economy supply chains across North Africa.
Irrisol Engineering | Impact Venture Equity
- Target: Irrisol Engineering (Uganda)
- Sector: CleanTech / Decentralized Water Infrastructure
- Funding: Venture Equity (Undisclosed amount)
- Investor: DOB Equity
- Founder: Joash Bwambale (Founded 2017)
- Key Details: Designs and operates 14 solar-powered community water mini-grids and 600+ standalone installations serving 350,000 individuals in Western Uganda via pay-as-you-go (PAYG) mobile money meters.
- Use of Funds: Expand mini-grid coverage across the Rwenzori region and deploy productive-use water systems for regional irrigation and aquaculture.
NUMAIQ | $300K Angel Round
- Target: NUMAIQ (Tunisia / UAE)
- Sector: Voice AI / Enterprise AI
- Funding: $300,000 angel financing, structured in three tranches; first tranche received
- Investor: UAE-based business angel, name undisclosed
- Founder: Ahmed Mahouachi
- Transaction status: Verified — investor undisclosed
- Key Details: Voice AI platform designed for enterprise call handling, with a focus on multilingual and regional-language interactions. The company is based in Dubai and Tunisia and says its platform combines AI voice agents with call-quality and compliance monitoring.
- Use of Funds: Product development, team expansion and preparation for a market-ready demonstration at GITEX AI Türkiye in Istanbul on September 9–10, 2026.
Drive45 Mobility | Senior Debt Facility
- Target: Drive45 Mobility Limited (Nigeria)
- Sector: Mobility / B2B Vehicle Subscriptions & Rent-to-Own Fleet Management
- Funding: $3 million Senior Debt Facility
- Investor: TLG Capital (via Africa Growth Impact Fund II — AGIF II)
- Guarantor & Facilitator: Cascador (supported via partnership with Morgan Stanley)
- Leadership: Oluwaseyi Adefemi (CEO, Drive45)
- Key Details: Founded in 2021, Drive45 operates a fleet of over 170 active vehicles providing corporate transportation and rent-to-own subscriptions in Nigeria, maintaining zero payment defaults across 5 years of operation.
- Use of Funds: Fleet expansion and geographic rollout into primary Nigerian commercial hubs, including Abuja, Port Harcourt, Kano, and Kaduna.
- Target: Spoon Consulting (Mauritius)
- Sector: DeepTech / Cloud ERP / AI-First Digital Transformation
- Funding: Minority Growth Equity Investment
- Investor: AfricInvest Small Cap Fund (ASCF) / AfricInvest
- Key Details: Founded in the early 2000s, Spoon Consulting develops AI Agentic frameworks and enterprise cloud integrations across Salesforce, Oracle, Microsoft, and Infor ecosystems. Operates delivery hubs in Mauritius, Madagascar, France, and Kenya.
- Use of Funds: Accelerate deployment of proprietary AI architectures, execute targeted build-up M&A acquisitions, and expand enterprise client coverage across Africa and the broader EMEA region.
FIDO | UNCDF Grant (Phase 2)
- Target: FIDO (Ghana)
- Sector: FinTech / MSME Credit & Digital Savings
- Funding: $200,000 Non-Dilutive Catalytic Grant
- Funder: United Nations Capital Development Fund (UNCDF) under the Joint SDG Fund Programme
- Key Details: Follows a $30,000 Phase 1 R&D grant. FIDO adapted its FidoBiz platform to eliminate formal documentation requirements for informal businesses. Phase 1 yielded 1,988 youth loans (GHS 494,760) and 1,762 savings accounts (GHS 382,040).
- Use of Funds: Deploy capital under a 1:4 leverage model to catalyze ~$1 million in MSME loans and savings, expanding deployment across Northern Ghana to target women- and youth-led businesses.
HustleSasa | Venture Round
- Target: HustleSasa (Kenya)
- Sector: Creator Economy / Event Ticketing & Commerce Infrastructure
- Funding: Venture Equity (Undisclosed amount)
- Investors: Impacc (Lead; joins previous backers Antler, Microtraction, Musha Ventures, and Best Nights VC / Jägermeister)
- Key Details: Provides ticketing, payment, and digital shopfront infrastructure for event organizers and creators. Processed ~500,000 tickets across 2,000+ events in 2025. Cumulative funding is estimated to exceed $500,000.
- Use of Funds: Accelerate pan-African expansion of its event-ticketing and creator-commerce platform.
SeevCash | Grant
- Target: SeevCash (Ghana / US)
- Sector: FinTech / Web3 Remittances & Consumer Banking
- Funding: $333,000 Non-Dilutive Grant & Growth Capital (across 4 distinct awards)
- Backers: Stellar Community Fund ($291,700 via two primary grants) & Stellar Development Foundation
- Leadership: Dawuda Iddrissu (CEO), Cosmos Appiah (CTO)
- Key Details: Web3-backed remittance platform running on Stellar/USDC. Complements an existing MoneyGram cash-in partnership with a newly launched Visa card that allows users to spend cross-border balances directly in-store and online.
Charikaty | Pre-Seed Round
- Target: Charikaty (Morocco)
- Sector: LegalTech / Corporate Formation & Compliance Infrastructure
- Funding: Pre-Seed Round at a €3 million Valuation (Undisclosed equity amount)
- Investors: Red Tape Ventures, Faris Al-Obaid, Faris Abdi, Wesley Schwalje, Walid Aradi, Dr. Naser Boresli, and strategic angels
- Founders: Amr Yassine Mouaqit, Driss Sijelmassi
- Key Details: Digital corporate registry platform enabling local founders and diaspora entrepreneurs to incorporate entities (SARL, SAS, subsidiaries) online in Morocco.
- Use of Funds: Build out full-lifecycle company management products (accounting, tax, legal compliance) and expand operations into Egypt and the GCC.
Aeon | Seed Round
- Target: Aeon (Nigeria)
- Sector: Cybersecurity / Cyber Defense & Infrastructure Protection
- Funding: $1 million Seed Round
- Investors: Terra Industries (Lead), Resilience17 (Olugbenga Agboola, co-founder & CEO of Flutterwave), and additional angel investors
- Leadership: Samuel Ogbonyomi (Co-founder & CEO), Ben Eluan (Co-founder), Alex Idowu (Co-founder)
- Key Details & Mechanics: Aeon builds a unified cyber defense suite (Aeon Edge, Aeon Console) monitoring exposure across code, cloud, networks, and endpoints for banks, utilities, and critical infrastructure. Alongside the investment, Aeon and Terra Industries formed a commercial joint venture to co-execute government, military, and enterprise defense contracts across the Global South — pairing Terra’s physical defense systems with Aeon’s digital protection layer.
Dawa Mkononi | Early-Stage Growth Investment
- Target: Dawa Mkononi (Tanzania)
- Sector: HealthTech / Pharmaceutical Supply Chain & B2B E-Commerce
- Funding: Early-Stage Equity Investment (Undisclosed amount)
- Investor: Africa Health Ventures
- Leadership: Dr. Joseph Paul (Founder & CEO), Clemence Exaudi (Co-founder), Asorael Ayo (Co-founder)
- Key Details & Use of Funds: Digitally connects healthcare providers directly to vetted pharmaceutical suppliers to eliminate stockouts. Operates Dawa Kwanza, a 28-day revolving inventory credit product co-developed with Vodacom Tanzania and NCBA Bank Tanzania, which has financed >Sh1 billion in medicine to date. Capital will be used to scale distribution operations across clinics and pharmacies throughout Tanzania.
Bonisa Applied Insights | Strategic Equity Investment
- Target: Bonisa Applied Insights / Bonisa AI (South Africa)
- Sector: AI / Enterprise Data Science & Alternative Credit Analytics
- Transaction: Strategic Minority Stake Acquisition
- Investor: VEA Capital Partners (VCP)
- Leadership: Jacobus Eksteen (CEO, Bonisa AI), Zander de Witt (Co-Founder & MD, VEA Capital Partners)
- Key Details & Use of Funds: Bonisa AI provides alternative data science, credit scoring, and fraud detection tools for financial institutions, retailers, and telcos, functioning as a registered credit bureau reseller. Capital and operational support from VEA Group will drive cross-border expansion, technology development, and market penetration into new enterprise sectors.
PowerGen Renewable Energy | Mezzanine Facility (Series C Close)
- Target: PowerGen Renewable Energy Nigeria Limited (Nigeria / Parent: WindGen Power USA Inc.)
- Sector: CleanTech / Renewable Energy & Hybrid Mini-Grids
- Funding: $5 million Mezzanine Debt Facility (Closes parent company’s Series C round alongside ElectriFI, Impact Fund Denmark, SEFA, and InfraCo)
- Investor: All On (Seeded by Shell)
- Leadership: Aaron Cheng (CEO, PowerGen), Caroline Eboumbou (CEO, All On)
- Key Details & Use of Funds: Capital will expand isolated and interconnected solar mini-grid deployment across Nigeria (targeting up to 6,000 connections, 41,000 beneficiaries, 9MW generation capacity, 17MWh+ energy impact, and 470 local jobs). Builds on PowerGen’s execution of Nigeria’s first interconnected hybrid solar mini-grid in Nasarawa State.
Biochar Industrial Group | Pre-Seed Round
- Target: Biochar Industrial Group / BIG (Nigeria)
- Sector: ClimateTech / Agro-Waste Processing & Carbon Removal
- Funding: $1.5 million Pre-Seed Round (Equity & Non-dilutive grant)
- Investors: BREEGA (Lead), Catalyst Fund, Mulago Foundation (Non-dilutive capital)
- Leadership: Ikenna Nzewi, Uzoma Ayogu, Isaiah Udotong (Co-founders; former Releaf Earth executives)
- Key Details & Use of Funds: Offers a “Biochar-as-a-Service” model installing and operating pyrolysis equipment directly at large food-processing plants (turning palm kernel shells, cashew husks, and maize cobs into biochar and carbon removal credits). Funding will scale operational capacity, manufacture additional processing hardware, and expand corporate processing partnerships.
9 portfolio investments and venture-builder initiatives funded by the Africa Jobs Fund (AJF):
Exporters Without Borders | Concessional Startup Loan
- Target: Exporters Without Borders (Madagascar)
- Sector: AgriTech / Export Manufacturing & Processing
- Funding / Instrument: Concessional Startup Loan
- Investor / Vehicle: Africa Jobs Fund (AJF)
- Founders / Leadership: Saarthak Gupta, Niklas Piringer (Advised by Ricardo Hausmann, Harvard Growth Lab)
- Key Details: Building Madagascar’s first freeze-dried fruit exporter, modeled after high-impact pioneer export firms in Latin American agriculture (e.g., Chilean salmon and Colombian cut flowers).
- Strategic Play / Use of Funds: Construct greenfield freeze-dried fruit processing operations in Madagascar to capture premium international export demand.
German Healthcare Placement Venture | Pre-Seed Venture Capital
- Target: German Healthcare Placement Venture (Germany / Africa)
- Sector: HRTech / Healthcare Mobility Infrastructure
- Funding / Instrument: Concessional Startup Loan / Pre-Seed Investment
- Investor / Vehicle: Africa Jobs Fund (AJF)
- Founders / Leadership: Renate Winkler (Founder of Guardian Carers, acq. 2025) & Omron Blauo (former Head of GTM at Fresenius)
- Key Details: Establishing a specialized placement and recruitment platform headquartered in Germany to source, train, and integrate African healthcare talent (starting with nurses) into German hospital systems.
- Strategic Play / Use of Funds: Build institutional employer contracts across German healthcare networks and establish sourcing and preparation infrastructure in East Africa.
Bridge2Work Africa | Concessional Startup Loan
- Target: Bridge2Work Africa (Somalia)
- Sector: Vocational Education / GCC Labor Mobility
- Funding / Instrument: Concessional Startup Loan
- Investor / Vehicle: Africa Jobs Fund (AJF)
- Founders / Leadership: Abukar Dahir (former Chief of Staff at Somali Central Bank & Foreign Ministry)
- Key Details: Operates a specialized training academy in Mogadishu, Somalia, preparing local baristas and service workers for hospitality placements across the Gulf Cooperation Council (GCC) region.
- Strategic Play / Use of Funds: Expand barista training capacity in Mogadishu and establish corporate placement pipelines with Gulf hospitality groups.
Luka | Concessional Startup Loan
- Target: Luka (East Africa)
- Sector: FinTech / Migration & Labor Mobility Financing
- Funding / Instrument: Concessional Startup Loan
- Investor / Vehicle: Africa Jobs Fund (AJF)
- Founders / Leadership: Marvin Kiragu (former VP at CitiBank NY & founder of ShopZetu)
- Key Details: Provides specialized migration financing for East African workers to cover the upfront costs of language instruction, certifications, exams, and relocation.
- Strategic Play / Use of Funds: Build credit underwriting tools and deploy migration loan capital to remove financial bottlenecks for outbound African workers.
Mozambique-to-Lusophone Mobility Venture | EIR Venture Funding
- Target: Mozambique-to-Lusophone Mobility Venture (Mozambique)
- Sector: HRTech / Lusophone Labor Mobility
- Funding / Instrument: Entrepreneur-in-Residence (EIR) Seed Capital
- Investor / Vehicle: Africa Jobs Fund (AJF)
- Founders / Leadership: Tereza Matos (former Country Lead for Talent Beyond Boundaries in Portugal, ex-IOM)
- Key Details: Incubating structured, regulated labor mobility corridors connecting talent in Mozambique to employer demand in Portugal and Brazil.
- Strategic Play / Use of Funds: Build regulatory compliance, candidate sourcing, and corporate employer matching rails across Lusophone labor markets.
Francophone Africa-to-Canada Pathway | Concessional Startup Loan
- Target: Francophone Africa-to-Canada Pathway (West/Central Africa)
- Sector: HRTech / Skilled Migration
- Funding / Instrument: Concessional Startup Loan
- Investor / Vehicle: Africa Jobs Fund (AJF)
- Founders / Leadership: Patrick Musana & Milie Boyle (former Senior Managers at Wasoko)
- Key Details: Leverages Canada’s targeted French-language immigration channels to recruit, prepare, and place skilled Francophone African talent with Canadian enterprise employers.
- Strategic Play / Use of Funds: Build candidate vetting and visa processing infrastructure across Francophone West and Central Africa.
Africa-to-Italy Mobility Expansion | EIR Venture Funding
- Target: Africa-to-Italy Mobility Expansion (Italy / Pan-African)
- Sector: HRTech / Cross-Sector Labor Mobility
- Funding / Instrument: Entrepreneur-in-Residence (EIR) Seed Capital
- Investor / Vehicle: Africa Jobs Fund (AJF)
- Founders / Leadership: Alex Mina (former co-founder of Profiter, acq. 2025)
- Key Details: Designing and scaling additional Africa-to-Italy labor pathways beyond hospitality into high-demand industrial sectors, including eldercare, construction, and logistics.
- Strategic Play / Use of Funds: Establish regulatory frameworks, vocational training, and employer placement pipelines for African workers relocating to Italy.
PeopleGateway | Revenue-Based Financing Round
- Target: PeopleGateway (Italy / Sourcing: Kenya)
- Sector: HRTech / International Labor Mobility & Vocational Training
- Funding: Concessional Revenue-Based Financing Investment (Undisclosed amount)
- Investor: Africa Jobs Fund (AJF)
- Leadership: Daniele Albanese (Founder)
- Key Details & Mechanics: Built in partnership with venture builder Enzima12 and Migration AI Studio. Operates a “train-to-hire” corridor training hospitality workers in Malindi, Kenya to fill labor shortages in Italian hotels and restaurants. Manages candidate training, work permits, visas, and post-relocation support, increasing candidate baseline pay ~7x (from ~$185/month to $1,415/month).
Velocity | Concessional Startup Loan
- Target: Velocity
- Sector: HRTech / Healthcare Labor Mobility
- Funding / Instrument: Concessional Startup Loan ($10k–$100k first-cheque tier)
- Investor / Vehicle: Africa Jobs Fund (AJF)
- Founders / Leadership: Lalit Kumar (former founding Africa Director for Evidence Action), Siddharth Gusain, Betty Chelangat
- Key Details: Trains African nurses online to German B2 language proficiency and places them directly with German healthcare employers. Preparation is conducted by African nurses already working in Germany. Proven in Kenya with 300+ active learners, a 2,500+ candidate waitlist, and a 100% employer offer rate upon interview.
- Strategic Play / Use of Funds: Scale nursing recruitment and language-training operations into Malawi and Zambia to supply German hospital networks.
Acquisitions
Algosys | 100% M&A Acquisition by Creditchek
- Target: Algosys (Uganda)
- Acquirer: Creditchek (Nigeria)
- Sector: FinTech / Core Banking Software & Credit Infrastructure
- Transaction: 100% Acquisition (Algosys becomes a wholly owned subsidiary of Creditchek)
- Leadership: Innocent Bigega & Simon Tayebwa (Co-Founders, Algosys), Kingsley Ibe (CEO) & Lionel Orishane (CTO, Creditchek)
- Key Details: Founded in 2024, Algosys provides core banking technology serving 22 financial institutions, SACCOs, and MFIs in Uganda, facilitating over 10,000 SACCO loans. Creditchek previously raised $600,000 to drive East African expansion.
- Strategic Mechanics: Marks Creditchek’s formal entry into East Africa. Moves Creditchek beyond API credit assessment and financial data verification into full-stack lending infrastructure (loan origination, underwriting, core banking, and lifecycle management).
ShipAfrica | 55% Controlling Stake Acquisition by Pigee
- Target: ShipAfrica (Nigeria)
- Acquirer: Pigee (US / Delaware)
- Sector: Logistics Tech / Cross-Border E-Commerce Freight
- Transaction: 55% Controlling Stake Acquisition (Structured in 3 tranches over 18 months via cash and equity)
- Leadership: Walter Isoko (Founder & CEO, ShipAfrica), Leroy Lawrence (CEO, Pigee)
- Key Details: Founded in 2022, ShipAfrica processed over ₦7 billion (~$5.3 million) in shipment volume in 2025 across individuals, fashion/beauty merchants, and 3PL partners. Pigee is funded via Lawrence Investment Holdings ($150,000) and a SEC Reg CF SAFE offering ($16 million valuation cap). ShipAfrica will retain its brand name, management, and 10+ person team.
- Strategic Mechanics: Pigee acquires local physical hubs, carrier contracts, and Nigerian operational ground ops without building from scratch. ShipAfrica gains access to Pigee’s international shipping aggregator, CRM platform, global sales network, and expansion runway across West Africa.

