L’inclusion dans la liste de Jeune Afrique témoigne du potentiel que Daba voit dans les secteurs dynamiques.
Lengo.ai, une startup qui utilise l’intelligence artificielle pour aider les détaillants informels à gérer leurs stocks, a été nommée l’une des 20 entreprises africaines en démarrage les plus prometteuses par le magazine Jeune Afrique.
Cette reconnaissance met en évidence la manière dont les entreprises technologiques africaines peuvent avoir un impact réel en résolvant les problèmes de manière innovante.
Le système d’assistance vocale de Lengo.ai comble le fossé entre les grands producteurs alimentaires et les petits détaillants en rationalisant la distribution. Cela démontre le potentiel de la technologie à transformer les industries et à améliorer les moyens de subsistance à travers le continent.
Chez Daba, notre engagement à favoriser la croissance économique et l’innovation en Afrique se manifeste par notre partenariat avec des startups comme Lengo.ai.
En tant que partie intégrante de notre portefeuille d’investissement, Lengo.ai représente un atout stratégique et met en avant notre rôle dans le soutien aux entreprises innovantes prêtes à diriger la révolution technologique en Afrique.
Grâce à notre plateforme, Daba offre aux investisseurs particuliers et institutionnels une exposition à une gamme d’opportunités, y compris des entreprises technologiques et commerciales pionnières comme Lengo.ai.
L’inclusion de la startup dans la liste de Jeune Afrique témoigne du potentiel que nous voyons dans ces secteurs dynamiques et souligne les types d’entreprises à fort impact que Daba cherche à soutenir.
On s’attend à ce que l’Afrique représente jusqu’à 40 % de la population humaine d’ici la fin du 21e siècle, le marché des produits de grande consommation étant positionné pour devenir son premier secteur industriel d’importance mondiale.
Pour plus de détails sur la manière dont Lengo.ai utilise l’IA pour transformer le commerce informel, et le rôle de Daba, vous pouvez lire l’étude de cas disponible en français et en anglais. Elle offre un aperçu du parcours de Lengo.ai et de l’approche de Daba pour identifier les startups prometteuses.
Investissez avec Daba aujourd’hui et faites partie du paysage technologique en plein essor de l’Afrique. Stimulez la croissance et l’innovation avec nous, en exploitant le riche potentiel et l’esprit entrepreneurial vibrant du continent.
Pour plus d’informations sur la manière d’investir avec Daba et pour découvrir d’autres histoires de réussite comme Lengo.ai, visitez notre site web.
The inclusion in Jeune Afrique’s list is a testament to the potential that Daba sees in dynamic sectors.
Lengo.ai, a startup that uses artificial intelligence to help informal retailers manage inventory, has been named one of Africa’s 20 most promising early-stage companies by Jeune Afrique magazine. This recognition highlights how African tech companies can make a real impact by solving problems innovatively.
Lengo.ai’s voice-assisted system bridges the gap between large food producers and small retailers by streamlining distribution. This demonstrates the potential for technology to transform industries and improve livelihoods across the continent.
At Daba, our commitment to fostering economic growth and innovation across Africa is embodied in our partnership with startups like Lengo.ai.
As an integral part of our investment portfolio, Lengo.ai represents a strategic asset and highlights our role in nurturing groundbreaking companies poised to lead the tech revolution in Africa.
Through our platform, Daba provides retail and institutional investors exposure to a range of opportunities, including pioneering tech and commercial ventures like Lengo.ai.
The startup’s inclusion in Jeune Afrique’s list is a testament to the potential that we see in these dynamic sectors and underscores the kinds of impactful companies Daba looks to support.
Africa is expected to account for up to 40% of the human population by the end of the 21st century with the FMCG market positioned to emerge as its first globally relevant industrial sector.
For more details on how Lengo.ai is using AI to transform informal commerce, and Daba’s role, you can read the case study available in French and English. It offers an inside look at Lengo.ai’s journey and Daba’s approach to identifying promising startups.
Invest with Daba today and be part of Africa’s booming tech landscape. Let’s drive growth and innovation together, tapping into the continent’s rich potential and vibrant entrepreneurial spirit.
For more information on how to invest with Daba and to explore more success stories like Lengo.ai, visit our website.
If you’re a keen follower of the African tech ecosystem, you must’ve heard of the Paystack, Careem, and Opay Mafia(s) by now.
But have you ever heard of the Jumia Mafia?
For people not familiar with the name, though we hope there’s none, let’s give you a brief introduction to the company.
An e-commerce giant
Jumia started as an online retailer in Nigeria in 2012, co-founded by Jeremy Hodara and Sacha Poignonnec, ex-McKinsey consultants along with Tunde Kehinde and Raphael Kofi Afaedor.
The company has since expanded to at least nine other African countries, where it offers several services, including digital payments and delivery.
In April 2019, the e-commerce operator became the first African startup to list on a major global stock exchange when it debuted on the New York bourse.
One fact about Jumia that’s equally as impressive—as its NYSE IPO or standing as the continent’s largest e-commerce operator—but often overlooked is the impact that the company has had on Africa’s entrepreneurial ecosystem.
Meet the Mafia
Jumia has not only made waves in the African tech industry but also inspired a new generation of entrepreneurs who now run their respective exciting startups.
Some of them include:
Tunde Kehinde and Ercin Eksin, co-founded Lidya, a Series B startup that provides SMEs with access to finance. The startup uses a credit-scoring system that analyzes a borrower’s online reputation and has raised $16.5 million since its launch.
Raphael Afaedor is another Jumia alumnus who co-founded Kyosk Digital, a platform that connects informal retailers using kiosks and other similar retail outlets directly to FMCG companies.
Maguelone Biau co-founded Twende, a ridesharing company that pools African city dwellers with the most direct, affordable, and reliable transport options.
Kayode Adeyinka is the CEO of Gigmile, a Techstars-backed startup building the services and financial infrastructure for the African gig economy.
Guy Futi runs ORDA, a startup he co-founded that offers cloud-based restaurant software built for African chefs and food business owners, as CEO.
Sam Chappatte’s Kapu is a new e-commerce platform that aims to “reduce the cost of living” in Africa. By sourcing directly from farms & manufacturers, creating a low-cost logistics model & minimal food waste, Kapu says it can sustainably pass on savings to its customers. These customers access even lower prices if they place the order as a group (“pamoja”).
Roger Xavier Macia, a former Chief Commercial Officer at Jumia Senegal, is now the co-founder of Lengo, a startup that combines AI technologies and retailer crowdsourcing to deliver real-time data on consumer goods for FMCGs in Africa.
Marie-Reine Seshie, Jumia’s former Head of Marketing in Ghana, is now the CEO and co-founder of Kola Market. The startup provides digital inventory management, marketing, and sales solutions to SMEs, powered by AI technology.
Omolola Oladunjoye, ex-Chief Commercial Officer at Jumia Nigeria, now runs Penda LLC – a fully integrated social commerce platform across Africa.
Joe Falter, a former executive at Jumia in the UAE for nearly eight years, co-founded Zapp, a startup that provides on-demand grocery delivery services, has raised around $300m, and is backed by some of the world’s leading venture investors.
These are just some of the incredible startups that have been created by former Jumia employees.
Jumia is one of Africa’s earliest tech companies and ranks among the region’s biggest startup success stories.
So it comes as little surprise that former employees and founders have gone on to create their own incredible technology companies, disrupting various industries across the continent.
By sector classification, well over half, or 70% of startups founded by Jumia alumni are either in retail, e-commerce, foodtech, or fintech.
This suggests that Jumia’s early success as an e-commerce giant has created a positive spillover effect, as former employees leverage their experience and networks to create new businesses in related industries such as retail, last-mile delivery & logistics, and digital payments – all crucial components of e-commerce.
Naturally, working in a particular industry provides individuals with valuable insights into the workings of that industry and complementary ones.
Hence, ex-Jumia employees are well-positioned to leverage their expertise and create innovative solutions to meet the needs of consumers in these industries.
And they’re doing so, successfully and with sufficient VC backing.
Collectively, about 14 of such startups we tracked have raised around $330 million in venture capital funding, with over half of them at the seed stage or above.
This shows the talent and expertise that exists within the Jumia ecosystem, which has helped to create a vibrant startup culture out of emerging markets where it operates.
The funding also signals the emergence of a new generation of innovators who are able to attract significant investment and build successful businesses—a positive development for the tech industry.
In addition, it reflects how the African startup ecosystem is becoming increasingly mature and sophisticated, with successful companies spawning new ventures and nurturing the next generation of entrepreneurs.
Altogether, these startups have created around 1,300 direct jobs.
Jumia has served as a springboard for talented individuals who are contributing to the growth of not only Africa’s startup ecosystem but also globally, even after leaving the company.
It’s impressive to see how the e-commerce giant’s success has paved the way for some of Africa’s most brilliant ‘techpreneurs’.
Truly, great companies have the power to inspire incredible founders and fuel the growth of an entire entrepreneurial ecosystem!
By doing so, they help to build a stronger economy and a better future for all.
