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XL Africa Entrepreneurs
CoinAfrique is the first geolocalized mobile application of classified ads for French speaking Africa. Launched in May 2015, the company has reached 300,000 downloads on Android and their service is now accessible via Android, iOS, Messenger and desktop. CoinAfrique’s mission is to help users (both sellers and buyers) make good deals using their phones. With a 100m smartphone user potential in French speaking Africa by 2020, the company’s goal is to take a 15% audience share and deliver the best user mobile experience on any mobile device. CoinAfrique is focusing on local talent recruitment and retention and developing products in Dakar, its main hub. Previously, CoinAfrique raised €250k in two rounds from LoveMoney and angel investors.