Konnect Networks, a leading payment solution provider in North Africa, offers businesses of all sizes a simple and intuitive platform to accept a variety of payment methods.
ValU CEO Walid Hassouna reported that 55,000 cards have been activated, processing 250,000 transactions worth approximately 400 million Egyptian pounds ($8.3 million USD)
The company employs an omnichannel approach, combining a robust online platform with partnerships with leading retailers to ensure visibility, trust, and product availability. This hybrid strategy is crucial for success in the African beauty market.
"Securing funding from these US investors is a vote of confidence in our business model, which has already processed more than R50 million in transactions..."
Solarbox, founded in 2022 by Tijan Watt, offers an integrated solution encompassing solar energy generation, locally assembled utility electric vehicles (2–3 wheelers), and comprehensive system management software
Yassir’s expansion in Morocco is part of a broader continental growth strategy, supported by a successful Series B funding round that raised $150 million in 2022
Companies investing in labelled startups can deduct up to 30% of their income or profits, with a ceiling of 200 million Algerian dinars (approx. USD$1.5 million)
The platform’s launch is timely, coinciding with the Central Bank of Nigeria’s (CBN) recapitalization directive, which has spurred numerous offers for subscription and rights announcements by Nigerian banks.
Founded in in 2023 by Doris DJAGLO and Jean Pignan, Makifaa’s unique approach blends the creative talents of local photographers with cutting-edge artificial intelligence (AI) to deliver personalized media solutions within an impressive 48-hour timeframe.
