African mobile video network StarNews Mobile has secured $3 million in pre-Series A funding. StarNews offers African content creators a platform for monetizing their work through a subscription model. Currently, the service is available in six African countries, including Cameroon (where it started), Nigeria, Ghana, Congo, Benin and Ivory Coast. Founder and CEO Guy Kamgaing launched the startup in 2017. His inspiration for this venture draws from his extensive 10-year experience in content monetization, particularly within the VAS (Value-Added Services) business. During this period, he actively participated in text/SMS-based campaigns and monetization endeavors, which provided the foundation for StarNews. The five-year-old mobile video network prioritizes offering monetization avenues for African content creators through distribution partnerships with major telecommunications operators like MTN and Orange. Content creators often face challenges in generating revenue due to limitations on existing streaming platforms. As a result, StarNews connects them to mobile users who often lack access to relevant content due to expensive mobile… Click below to read the full story from TechCrunch
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French soccer players back African mobile video network StarNews Mobile in $3M round
