Archive · 8 Dec 2025
Indian Startups Expand to African Markets
Indian startups are looking to grow by entering African markets.
Countries like Nigeria, Kenya, and Egypt are attracting interest because more people are using the internet, and there are many young, ambitious workers.
Companies like Leverage Edu, QueueBuster, and SUN Mobility are already making moves.
They see Africa as a place with lots of opportunities for growth.
Some African startups are also coming to India, showing that the interest goes both ways.
Experts believe Africa's retail market will grow a lot in the next few years, making it a good place for businesses to expand.
Indian startups are expanding into African markets like Nigeria, Kenya, and Egypt due to rising internet penetration and a young workforce.
Leverage Edu has strong traction in Nigeria, Ghana, and Kenya, and plans to enter Egypt and Morocco soon.
QueueBuster aims to establish a presence in 3-5 African countries by FY26, expecting 25% of its international revenue from the region by FY27.
SUN Mobility secured funding to launch a battery-swapping network in Africa, building on its success in India.
The African retail market is projected to grow from $32.18 billion in 2025 to $82.64 billion by 2031, attracting Indian companies.
- Who
- Indian startups and investors
- What
- Expansion into African markets
- When
- Ongoing, with plans for FY26-FY27
- Where
- Nigeria, Kenya, Morocco, Egypt, Seychelles, Ghana, Rwanda
- Why
- Growing internet penetration, young workforce, and rising retail market
- Internet Users in Nigeria
- 107 million (October 2025)
- Internet Users in Egypt
- 96 million (October 2025)
- Expected African Revenue Contribution for QueueBuster
- 25% by FY27
- Africa's Middle-Income Countries
- 15 out of 54