Wednesday, July 2, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News Africa News

Egyptian Start-up, iCommunity Secures $600k Series-A Round

Tech Gist Africa by Tech Gist Africa
10/03/2018
in Africa News
0 0
0
Egyptian Start-up, iCommunity Secures $600k Series-A Round
0
SHARES
Share on FacebookShare on Twitter

Community management start-up in Egypt called iCommunity has secured $600, 000 from Egyptian VC company, Algebra Ventures in a Series-A funding round.

While commenting on the development, the start-up Managing Director Karim Akram said the start-up intends to use the investment to expand in both its home country and internationally.

“We want to build the best team to deliver a world-class platform that disrupts the real estate industry,” he added.

iCommunity was founded in 2016 by Karim Akram and CTO Antoine Megalla to connects residents, real-estate developers and facility management through its app. The platform’s target market is Egypt’s gated communities.

Akram said the startup believes in the “paramount importance” of customer satisfaction in gated communities beyond just moving in. “We aspire to make sure residents have exceptional experiences within their communities,” he said.


See Also: DStv to End Its Mobile TV Service on October 31


“With our targeted strategy and fast-growing platform, we’re in a great position to offer exceptional value to both developers and residents as we have a unique understanding of our residents’ needs,” added Akram.

Algebra Ventures managing partner Tarek Assaad said the VC firm’s is attracted to start-ups that go after sizeable multi-billion-dollar industries, like real estate.

“The digitisation of the real-estate industry will create significant value in the MENA (Middle East and North Africa — Ed) region and iCommunity is at the forefront of that transformation. We look forward to continuing to support the company as it further expands its reach and grows its customer base,” said Assaad.

More Tech Stories:

  • Fintech and Mobile Payment Solution, NowNow, launched In Nigeria
  • Crenov8 Set to Hold Africa’s Largest Agro Conference in Rwanda – MTFC Rwanda
  • Germane e-Moto to Revolutionise Rwanda’s Boda Boda
  • Uganda’s DigiHealth Wins Best Health Innovation in Morocco
  • 6 African Start-ups Make 2018 Amref Africa’s Innovate for Life Fund Accelerator Programme
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Gloria Tumushabe Uganda Computer sceience student
Africa News

Ugandan college student takes her computer science education back to her home country

by Tech Gist Africa
05/12/2021
0

Gloria Tumushabe's engineering and computer science studies at the University of California, Berkeley were funded entirely by a full scholarship,...

Read more
Africa Development bank Ecowas Tech Gist Africa

The African Development Bank has allocated $320,000 in grant funding to mainstream gender in the digital financial operations of the Economic Community of West African States

03/03/2021
LabEight* Tech News Africa

Application for LabEight* Africa Spring 2021 Programme is Now Open!

02/04/2021
Green UNCDF Innovation challenge Ghana

UNCDF Boosting financial inclusion and job creation across Ghana with an innovation challenge

02/04/2021
Space satellite Tech News Africa

Together with NIGCOMSAT and Thales Alenia Space, ASECNA is working to accelerate the development of SBAS for aviation in Africa.

02/04/2021
Next Post
Surface pro

Microsoft Unveils Surface Pro 6, And Other Updated Surface Device

jumia

Jumia Partners Amadeus To Launch Flight Booking Platform

mtn nigeria

The Big 5 Daily: Microsoft Unveils Surface Pro 6, Crenov8 Set to Hold Africa’s Largest Agro Conference in Rwanda – MTFC Rwanda and More

No Result
View All Result

The Big 5

Blockchain

The Role of Blockchain in Enhancing Africa’s Financial Systems and Security

by Tech Gist Africa
06/30/2025
0

...

Artificial Intelligence

How Artificial Intelligence is Transforming Industries Across Africa

by Tech Gist Africa
06/23/2025
0

...

Africa startups

Kenyan Startups Invited to Apply for €100,000 develoPPP Ventures Grant

by Tech Gist Africa
06/15/2025
0

...

Neuralink Elon Musk

Neuralink Secures $650 Million in Series E Funding to Advance Brain Implant Technology

by Tech Gist Africa
06/15/2025
0

...

Telegram Grok

Telegram Scores $300 Million xAI Deal to Integrate Grok Across One Billion Users

by Tech Gist Africa
06/15/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.