Kenyan retail distributor Kyosk has acquired KwikBasket, and has expanded its digital distribution offering to cover the fresh produce market in Africa.
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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?