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South Africa’s Every1Mobile Closes Zar18m In Angel Investment

Milcah Lukhanyu by Milcah Lukhanyu
8 years ago
in Startups
3 min read
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featurephonesFounded in 2010 and based in Cape Town, Every1Mobile (E1M), yesterday announced it had raised R18 Million angel investment.

According to Algy Williams, CEO of Every1Mobile, “Mobile social networks in Africa allow us to engage with a vast, previously inaccessible audience of young people.”

Williams added, “The mobile phone has the potential to revolutionise access in emerging markets to information services across learning, health, agriculture, financial literacy, business support and sustainable livelihoods.”

E1M uses mobile social networks to build mass communities of 15-35 year old’s across Africa with a bias on Health, Education, Jobs and Entertainment for  corporations, governments, foundations and NGOs. It said it serves over 25 million pages each month from users from South Africa, Nigeria, Ghana, Tanzania, Kenya and Zimbabwe.

It earns revenues from sponsorship’s,  advertising,  market research and social impact services.

Williams believes that mobile is the new and unique channel for great delivery of aid and development related products and services direct to individuals and to him fast moving and entrepreneurial companies can use mobile for measurable social impact.

Apart from its Cape Town office, E1M has 19  has offices in Brighton, UK and works on free content and services optimised for feature phones, a majority that are found in Africa. Among its communities include smartSex, sexual health and relationships, beSmart, non-curricular learning and and Mad4Socca, soccer news, results,  forums and fitness.

READ  Lendable closes second round of financing from institutional investors to expand access to credit across sub-Saharan Africa
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Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

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