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Visionaries - November 7, 2022

5 Trailblazing Female Tech Founders in North Africa

There have been several societal practices that have been oppressive towards the female gender in North Africa, and the continent at large that has been oppressive toward women.

However, the expansion of educational opportunities, the rise of trailblazing female role models, the mobilisation of women as a group in the anti-colonial struggle, postcolonial state feminism, and finally, a change toward women’s engagement in organised groupings have raised their visibility in the northern region housing nations like Egypt, Morocco, and Tunisia.

As technology continues to transform society, more females in North Africa are assuming significant leadership positions as the founders and co-founders of startups in the region. The majority of them were discovered in Egypt.

Let’s take a look at five trailblazing female tech founders in North Africa.

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1. Anisha Sekar — Fintech, Egypt 

Anisha Sekar, an Egyptian, is the co-founder and chief product officer (CPO) of MoneyHash, a super-app that aims to make all fintech and payment services available on its platform in the Middle East and Africa (MEA).

MoneyHash is an open payment infrastructure designed for unrestricted growth and innovation. 

Over the course of two rounds, the firm has raised $3 million in capital. Crunchbase reports that the company’s most recent funding came from a Pre-Seed round on February 14, 2022. As CPO, Sekar is aiming to improve the open financial infrastructure to support the expansion of enterprises throughout the MEA.

2. Sophia Alj —Fintech, Morocco 

Sophia Alj is the co-founder and CEO of Chari, a B2B e-commerce and fintech platform with headquarters in Morocco.

Traditional retailers in French-speaking Africa place orders for any consumer items they sell, and they have them delivered for free in less than a day due to the e-commerce and financial app Chari. These retailers can also get financial assistance from Chari in the form of microloans.

Over the course of 6 rounds, the firm has raised a total of $6.4 million in funding. A Series A round of funding was received by them, most recently on October 2, 2022.

3. Fatma Ibrahim — Fintech, Egyptian 

Fatma Ibrahim is the co-founder and CEO of Kiwe, an Egyptian fintech and social payment app that caters to the unbanked population in the North African nation.

Kiwe is a peer-to-peer money transfer app that enables real-time money transfers between users. In addition to electronic money transfers for people, the digital platform offers small enterprises and startups a straightforward and affordable payment process.

The firm was co-founded by Ibrahim, Omar Kamel, and Mohamed Khalifa in March 2021.

4. Ahella El Saban — eCommerce, Egypt

Ahella El Saban is the Co-founder and Chief Commercial Officer (CCO) of Exits.me, an investment and eCommerce firm with offices in Egypt. The internet startup operates a local digital investment marketplace where people may purchase and sell businesses.

Exits.me received a $1 million Pre Seed investment from Baseeta Investments Holding and Mawelni Holding in September.

El Saban is also the founder and CEO of Lumas, a market research firm that provides specialised training, corporate services, and research to help young people, entrepreneurs, and businesses realise their full potential.

5. Amira El Gharib — Edutech, Egypt

Amira El Gharib is the co-founder and COO of Orcas, an educational technology start-up with offices in Cairo that offers live, one-on-one tutoring sessions to students in kindergarten through 12th grade (K 12), both online and in person. Furthermore, it offers self-paced learning environments to enhance the educational process.

El Gharib is in charge of the company’s daily operations and the management of the sales teams. Along with managing employee productivity and communication channels, she also, optimises market effectiveness and incentive strategies.

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