Seven startups from Middle East and North Africa have been announced as the winners of the MEA Seed Challenge. The challenge was launched in June 2020 and called for submissions from seed stage startups from Cameroon, Cote d’ Ivoire, Egypt, Jordan, Morroco, Senegal and Tunisia.
The seven startups chosen are as follows;
- 7Keema in Egypt: an e-health platform that enhances the accessibility and quality of nursing services
- Chari.ma in Morocco: a market place for local businesses selling everyday goods
- Dabchy in Tunisia: the first peer-to-peer secondhand fashion marketplace in Tunisia
- Moja Ride in Côte d’Ivoire: a platform for transport operators that helps commuters access, book and pay for all available modes of transportation from a single mobile application
- Waspito in Cameroon: an e-health platform that connects the African healthcare ecosystem via an application for telehealth services distribution
- Back Office For Business (BOB)in Jordan: a comprehensive online sale and ordering solution to businesses, merchants and any online shop
- SudPay in Senegal: a fintech proposing payment solutions for ticketing and local taxes
“Congratulations to the seven winners of the challenge, whom I am very happy to welcome to our community as we launch our new Seed activity” says Jérôme Berger, Chief Executive Officer, Orange Ventures. “Their diversity in terms of countries of origin, as well sectors of activity (consumer, e-health, B2B, fintech) proves the abundance of promising high quality projects on the continent”.
Orange Ventures through its Orange Ventures MEA seed is set to target and finance 100 startups by 2025 primarily in African and Middle Eastern countries where Orange is present. From the first stages of their development and with ticket sizes of up to €200,000.
“More than elsewhere, restricted access to capital is a major challenge for entrepreneurs in the development of their business in Africa and the Middle East, where investment activity is lower and often concentrated around a few major hubs, whereas the continent is rich with talent and opportunities throughout. Our initiative can contribute to helping these talents thrive and confirm our confidence in the innovation potential of the ecosystems of Orange footprint,” elaborates Berger.
“This initiative, which I am very pleased about, is part of our strategy that is open and supportive of innovation champions everywhere we operate. The support from large corporates is pivotal to these ecosystems: big groups who bring the means to scale and thrive to talented entrepreneurs. Even more so in the current context,” adds Alioune Ndiaye, Chief Executive Officer of Orange Africa and the Middle East.
Funding applications are now open on a permanent basis and can be submitted on the website: https://ventures.orange.com/contact/#contactForm