Thursday , June 8 2023

Trace invests on the CoinAfrique platform for mobile ads


The Trace, a publisher of African-American music channels, announces a share capital of which neither the amount nor the percentage has been announced to CoinAfrique, a platform for mobile messengers in French-speaking Africa. Founded in 2015 by Matthias Papet and Eric Genet, it has 400,000 monthly active users in 15 countries in French-speaking Africa, with one million downloads for mobile phone applications. Headquartered in Dakar (Senegal) with offices in five other African countries, the startup now employs over 50 people. "This investment in shares (…) is in line with our investment strategy for mobile and digital services and our desire to support business initiatives that have a positive impact on the African continent," said Olivier Laouchez, co-founder and CEO . Chief Executive Officer of Trace.

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