SA online shoppers protest imminent import tax duty regulation Consumers are petitioning a gov't-introduced tax on eCommerce imports coming into effect on July 1, 2024.
How Kyosk's acquisition of KwikBasket will transform the African fresh produce market Kenyan retail distributor Kyosk has acquired KwikBasket, and has expanded its digital distribution offering to cover the fresh produce market in Africa.
Klasha's new e-commerce integrations: Squarespace and Weebly 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.
TradeDepot acquires B2B eCommerce platform, Green Lion, to accelerate expansion across Ghana 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 rebrands to ANKA, raises $6.2 million in pre-Series A round Afrikea has raised $6.2 million in a pre-Series A round. It's also rebranding to ANKA.
TradeDepot raises $110 million in equity and debt financing round to scale BNPL service TradeDepot raises $110 million through equity (38%) and debt (62%) financing to support its buy now, pay later services and expand across Africa.
Egyptian eCommerce startup, MaxAB, closes $40M Series A to fuel expansion 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.