African tech: startups, talents and investors

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MaxAB

MaxAB Acquires Morocco’s WaystoCap to scale; adds $15M to Series A

MaxAB Acquires Morocco’s WaystoCap to scale; adds $15M to Series A

MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers with suppliers across Africa.

Egyptian eCommerce startup, MaxAB, closes $40M Series A to fuel expansion

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.