Funding Investment

Kenya’s Cartnshop Closes $400k Investment

Cartnshop, a Kenyan company that helps African small businesses build up internet storefronts quickly and inexpensively, has raised a $400,000

TradeDepot
Acquisition

Nigerian B2B Marketplace TradeDepot Expands to Ghana With Acquisition of Green Lion

TradeDepot has acquired Green Lion, a Ghanaian B2B eCommerce platform to accelerate its growth, boosting its service delivery across the

Fawry
Logistics Product Launch

Fawry, Partners Establish ‘Roaderz’, A Digital Mobility Platform for Last-Mile Delivery

Fawry, Egypt’s e-payments solutions provider, has announced that it has signed an agreement with Samer Gharaibeh, Softec Technologies, and Ammar

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

Fawry
Fintech Payment

Fawry Microfinance Reaches $63.7m in Total Disbursals Since Inception

Fawry, the Egyptian e-payments solutions and banking services provider, has announced that the total value of loans disbursed since inception

Jiji
Acquisition

Jiji Acquires Tonaton, its Main Competitor in Ghana

Jiji, a Nigerian classified ecommerce platform, has acquired Ghanaian-based classifieds marketplace,Tonaton. Jiji already holds leadership positions in Ghana and Kenya. Additionally, the marketplace

Cryptocurrency Technology

GIGL Adds Crypto Wallet to its Propriety Delivery App GIGGO

GIG Logistics, a West African provider of last-mile delivery solutions, has launched a version of its propriety delivery app ‘GIGGo’

YFS
Logistics

Egyptian On-demand Logistics Startup, YFS Closes $7m Series A

Yalla Fel Sekka (YFS), an Egyptian on-demand logistics provider, has raised a $7 million Series A round led by DisruptAD,

Amitruck
Logistics

Kenyan Logistics Startup, Amitruck Raises $4m For East African Expansion

Amitruck, a Kenyan logistics startup, has raised $4 million in seed funding. The round was led by Better Tomorrow Ventures

Partnership

DPO Group Partners With Mastercard to Help Businesses Accept Digital Payments

DPO Group has partnered with Mastercard to enable thousands of businesses in Ghana to offer their customers greater choice and