Klasha is investing heavily in building a library of e-commerce integrations and plug-ins to allow more global merchants to access African consumers seamlessly.
The Green Lion team will join TradeDepot to build the future of retail and make food and supplies more accessible and affordable for even the most remote consumers on the continent.
Afrikea has raised $6.2 million in a pre-Series A round. It's also rebranding to ANKA.
TradeDepot raises $110 million through equity (38%) and debt (62%) financing to support its buy now, pay later services and expand across Africa.
MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has secured $40M in a Series A round, led by RMBV, a prominent impact investor in North Africa.
Nigeria is seeing unprecedented growth in online marketplace consumption. But settlement and disputes issues still remain the same, and can potentially hinder this growth. How can smart contracts make this easier for both parties?
Ivorian marketplace startup, Afrikrea, will leverage its new platform ANKA to disrupt e-commerce in Africa and across the globe.
Formerly known as SalesCabal, Bumpa is an eCommerce service that provides merchants and small business owners with the end-to-end digital tools required to manage and grow their businesses online.
According to TradeDepot, the impact of the pandemic, rising inflation, border closures, and other issues drove significant changes in behaviour for retailers, distributors, and manufacturers in 2020.