About Financial Afrik
Financial Afrik was established in 2013 in Dakar, Senegal, as a publisher focused on the financial sector. A newspaper dedicated to financial news and analysis is produced, with operations centered in West Africa. Coverage includes economic developments, markets, and business insights relevant to the region. The company is led by CEO Ylias Akbaraly, and its domain, financialafrik.com, supports digital distribution alongside print editions.
- Headquarter Dakar, Senegal
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Annual Revenue
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Acquired by
Salaam African Bank
(Aug 09, 2022)
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Funding Insights of Financial Afrik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Financial Afrik
Financial Afrik has secured backing from 1 investor. Prominent investors backing the company include Salaam Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Salaam Bank is recognized for providing innovative banking services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Financial Afrik
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Financial Afrik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Financial Afrik Comparisons
Competitors of Financial Afrik
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Financial Afrik
When was Financial Afrik founded?
Financial Afrik was founded in 2013.
Where is Financial Afrik located?
Financial Afrik is headquartered in Dakar, Senegal.
Who is the current CEO of Financial Afrik?
Ylias Akbaraly is the current CEO of Financial Afrik.
What does Financial Afrik do?
Financial Afrik was established in 2013 in Dakar, Senegal, as a publisher focused on the financial sector. A newspaper dedicated to financial news and analysis is produced, with operations centered in West Africa. Coverage includes economic developments, markets, and business insights relevant to the region. The company is led by CEO Ylias Akbaraly, and its domain, financialafrik.com, supports digital distribution alongside print editions.
Who are Financial Afrik's investors?
Financial Afrik has 1 investor. Key investors include Salaam Bank.