Mstudio
Industry Focus
Geographic Focus
Mstudio is the first mobile-focused startup studio in Francophone West Africa, founded in 2022 and officially launched in March 2023 in Abidjan, Côte d'Ivoire. The studio's mission is to transform the informal sector of Francophone Africa with particular support for women and youth, building sustainable tech-enabled companies that will make the region a choice market for investors. Mstudio addresses the significant innovation and funding gap between Francophone and Anglophone African markets by adapting proven business models from English-speaking Africa (particularly Nigeria, Kenya, Egypt, and South Africa), Southeast Asia, and Latin America for Francophone markets. The studio positions itself as the 'third co-founder' to entrepreneurs, providing comprehensive operational and financial support over 12-24 months. With a 500m² facility at Ivoire Trade Center including 3 meeting rooms, mezzanine, open space, 7 private offices, podcast studio, 8 work booths, 2 phone booths, and outdoor terrace, Mstudio creates a complete ecosystem for startup building. The studio targets the informal sector exclusively, launching 10 startups per year, and aims to help ventures reach seed rounds of €500K-€4M before becoming Africa's next unicorns.
2022
6 Companies
3
3X Higher