Amazon
Ecommerce

Amazon Plans to Close Bookstores to Focus on its Grocery Markets

Amazon has announced that it plans to close all 68 of its brick-and-mortar bookstores, pop-ups and shops carrying toys and

Ecommerce Funding Investment Startup Venture Capital

Egyptian ECommerce Platform For Mums, Mumerz Closes $1.2m Pre-Seed Funding

Mumerz, an Egyptian e-commerce platform for mothers, has secured a $1.2 million pre-seed round led by Disruptech. Launched recently, Mumerz is a parent

MarketForce
Ecommerce Funding Investment Venture Capital

MarketForce Raises $40M Series A to Scale up The Super App for Africa’s Informal Merchants

MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, has closed a

Wasla
Ecommerce Funding Investment Venture Capital

Egyptian eCommerce Startup, Wasla Secures $9m From Contact Financial Holding

Wasla, an Egyptian ecommerce startup, has secured a $9 million investment from Contact Financial Holding, Egypt’s largest non-bank financial services

Ecommerce Funding Retail

ProXalys Secures $150k Pre-seed From Haskè Ventures

ProXalys, a Senegalese B2B eCommerce company, has secured a $150,000 pre-seed funding from Haskè Ventures, the venture builder for Francophone

OLX
Ecommerce

Classified Ecommerce Platform OLX Closes Shop in South Africa

OLX, a classified ecommerce platform, has been shut down in South Africa. Visitors to the platform’s website were greeted with

Brimore
Ecommerce Funding Investment Venture Capital

Egyptian Social Commerce Startup, Brimore Closes $25m Series A Round

Brimore, an Egyptian social commerce startup, has secured a $25 million Series A round co-led by International Finance Corporation (IFC)

Chari
Ecommerce Funding Investment Venture Capital

Moroccan B2B eCommerce Startup, Chari Secures Undisclosed Bridge Round

Chari, a Moroccan B2B eCommerce startup, has announced the closing of a bridge round led by the Saudi-based venture capital

Copia Global
Ecommerce Funding Investment Venture Capital

Kenyan eCommerce Firm, Copia Global Raises $50m To Support Expansion

Copia Global, a Kenyan eCommerce platform, has raised $50 million in a Series C equity round led by Goodwell Investments.

ExpandCart
Ecommerce Funding Investment Venture Capital

Egyptian eCommerce Startup ExpandCart Secures $2.7m Led by Betatron Venture Group

ExpandCart, an Egyptian e-commerce startup, has secured $2.7 million in a Pre-Series B bridge round of financing, led by Hong-Kong