Africell Group

The mobile technology platform for Africa’s future

General Information
Company Name
Africell Group
Founded Year
2001
Location (Offices)
London, United Kingdom +7
Founders / Decision Makers
Number of Employees
1109
Industries
Cloud Infrastructure, Mobile, Telecom +1
Funding Stage
Debt Financing
Social Media

Africell Group - Company Profile

Africell Group is a disruptive African mobile technology company that offers fast, low-cost, and reliable mobile network coverage and technology services to over sixteen million subscribers in sub-Saharan Africa. The company was founded in 2001 and is the only US-owned mobile network operator in Africa, with its headquarters in London, UK. Africell prides itself on challenging inefficiencies, embracing fresh thinking, and delivering innovative products and services that make a practical difference to everyday people. Africell's commitment to connectivity as a key driver of Africa's advancement sets it apart as a mobile network provider. The company's approach is defined by creativity, fun, and authenticity, with a focus on social impact and transparent business activities. With over 1,000 direct employees and the indirect support of many more jobs, Africell is dedicated to creating opportunities, rewarding ambition, and giving back to the communities in which it operates. In June 2021, Africell secured a significant $105.00M Debt Financing investment from notable firms such as Gramercy Fund, Helios Investment Partners, TC Credit Partners, and Gemcorp. This investment reflects confidence in Africell's potential for growth and positive social impact, positioning the company as an ideal mobile network provider for Africa's future.

Taxonomy: Mobile Technology, African Market, Disruptive Innovation, Connectivity, Social Impact, US-Owned Company, Job Creation, Innovation, Corporate Social Responsibility

Funding Rounds & Investors of Africell Group (3)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $105.00M 4 01 Jun 2021
Debt Financing $100.00M 1 01 May 2021
Debt Financing $116.50M 2 16 Mar 2018

Latest News of Africell Group

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No recent news or press coverage available for Africell Group.

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