
We’re thrilled to share that StarNews Mobile has successfully secured a $3 million investment in our latest funding round, a significant milestone in our journey towards amplifying African voices and stories. This investment, coupled with the unwavering support from investors who wholeheartedly understand our mission, sets the stage for an even more promising future. Our platform is a testament to the power of technology in amplifying African voices and stories. We’re excited to continue empowering creators and redefining the narrative of Africa.
Read the full TechCrunch article here: https://techcrunch.com/2023/10/30/french-soccer-players-back-african-mobile-video-network-starnews-mobile-in-3m-round/
Empowering African Creators
StarNews Mobile has always been committed to providing African creators with innovative ways to monetize their content. Our direct subscription model has garnered tremendous support across the continent, and we now boast over 4 million subscribers in six African countries. Our strategic partnerships with major telecommunications operators such as MTN and Orange have further expanded our reach, making us a go-to destination for millions of users. We’re immensely proud of the 120+ creators who contribute their talents to our platform, making it a thriving hub for original, engaging content representing the rich tapestry of African cultures.
Sharing the Authentic African Story
One of our core missions at StarNews Mobile is to showcase the authentic African story in all its glory through hyperlocal content. This mission has resonated with a vast audience, and our remarkable growth is a testament to its impact.
A New Wave of Investors
In this recent investment round, we are delighted to announce the entry of notable investors who share a deep connection with our mission. Star soccer players Aurelien Tchouameni, Jules Kounde, and Mike Maignan, recognized as players for Real Madrid, Barcelona, and AC Milan, have come on board as investors. Their African heritage adds a deeply personal dimension to our journey, further highlighting the value of African talent and culture on the global stage.
Leaders in the Investment Round
Our investment round was led by Janngo, a respected African-focused venture capital firm with a track record of nurturing successful African companies. Their involvement reinforces our position as a pioneering force in the tech industry.
A Message from Our CEO
Guy Kamgaing, CEO of StarNews Mobile, expressed his enthusiasm about this new chapter, stating, “This funding will be pivotal in helping us empower more African creators, strengthening our dominant position in francophone Africa, while quickly expanding into more strategic markets like Nigeria and Ghana. We take immense pride in the backing of Janngo, whose team has proven experience in building successful African startups, and the endorsement of these young prominent sports personalities of African descent who understand the value of the African audience and culture globally.”
Thank you for your continued support, and we can’t wait to see what the future holds for StarNews Mobile!