The Quickening Evolution of Africa’s Data Analytics Industry 

In 2021, Egyptians Nour Altaher and Omar Mansour recognised a gap in Africa’s data analytics market and founded Intella. Their startup aimed to address the underrepresentation of Arabic in speech-to-text technologies. By leveraging artificial intelligence, machine learning, and big data sets, Intella set out to process the nuances of Arabic dialects, offering cloud-based solutions to transform contact centre voice recordings into useful business analytics. Intella’s journey has mirrored the quickening evolution of Africa’s data analytics industry. Beginning with a $1m raise in 2022, the startup significantly advanced its growth trajectory by securing $3.4m in a funding round in late 2023, led by HALA Ventures and Wa’ed Ventures, part of Saudi oil giant Aramco. This funding round is not just a success for Intella but also a marker of the increasing momentum in Africa’s data analytics sector, highlighted by a surge in record investment this year, and a spike in professional course enrolments across the continent.

AFRICAN BUSINESS

Share it!

Scroll to Top

Subscribe

Stay informed and ahead of the game with our curated collection of the top 10 stories from Africa each day, Monday, Tuesday, Wednesday, and Thursday. On Fridays, gear up for the business world as we bring you the 10 most relevant and game-changing business stories. And on Sundays, prepare to be whisked away on a delightful journey through Africa’s vibrant lifestyle and travel scenes.