Africell
Debt Financing in 2021
Africell, established in 2001, is a prominent mobile telecommunications operator in Africa, focusing on connecting and empowering local communities in its markets. With a commitment to traditional African values, Africell has become the leading provider in Gambia and Sierra Leone, while also expanding its presence in the Democratic Republic of the Congo and Uganda, where it acquired Orange Uganda. The company offers a range of services, including 2G, 3G, and plans for LTE, catering to the diverse needs of its subscribers. By the end of 2016, Africell had reached a total of 11 million active subscribers across its operations. The company emphasizes community engagement and aims to enhance connectivity across the regions it serves.
Jumo
Venture Round in 2018
Jumo is a fintech company focused on delivering innovative financial solutions to customers in emerging markets across Africa and Asia. By leveraging artificial intelligence and machine learning, Jumo develops credit scores and financial products that empower partners to offer loans, savings, and diverse financial choices. The company's ultra-lean banking technology connects banks with traditionally inaccessible customers in cost-effective and responsible ways. Additionally, Jumo's money marketplace utilizes behavioral data from mobile usage to create financial identities for small and medium enterprises, enabling these customers to establish creditworthiness based solely on their behavior. This approach not only enhances access to financial services but also supports the growth of financial inclusion in underserved markets.
Jumo is a fintech company focused on delivering innovative financial solutions to customers in emerging markets across Africa and Asia. By leveraging artificial intelligence and machine learning, Jumo develops credit scores and financial products that empower partners to offer loans, savings, and diverse financial choices. The company's ultra-lean banking technology connects banks with traditionally inaccessible customers in cost-effective and responsible ways. Additionally, Jumo's money marketplace utilizes behavioral data from mobile usage to create financial identities for small and medium enterprises, enabling these customers to establish creditworthiness based solely on their behavior. This approach not only enhances access to financial services but also supports the growth of financial inclusion in underserved markets.
Africell
Debt Financing in 2018
Africell, established in 2001, is a prominent mobile telecommunications operator in Africa, focusing on connecting and empowering local communities in its markets. With a commitment to traditional African values, Africell has become the leading provider in Gambia and Sierra Leone, while also expanding its presence in the Democratic Republic of the Congo and Uganda, where it acquired Orange Uganda. The company offers a range of services, including 2G, 3G, and plans for LTE, catering to the diverse needs of its subscribers. By the end of 2016, Africell had reached a total of 11 million active subscribers across its operations. The company emphasizes community engagement and aims to enhance connectivity across the regions it serves.