The Series A equity round was led by Africa50, a pan-African infrastructure investment fund, marking a major milestone as the largest investment by an African fund in an electric mobility company.
Waribei was founded by Ladislas Pham and Frédéric Fameni. The startup’s platform addresses a long-standing issue in West Africa’s retail sector: the limited availability of credit to SMEs.
Estonia, home to the highest concentration of unicorns per capita in Europe, continues to play a pivotal role in global tech, with companies like Bolt and Admiral Markets active in Africa.
Since launching its pilot phase, Enakl has achieved significant traction. The platform manages over 15,000 bookings monthly in Casablanca, with a growth rate of 20% per month.
