TradeDepot
B2B marketplace TradeDepot acquires Green Lion to accelerate its growth in Ghana
TradeDepot, a B2B marketplace that connects micro-retailers with distributors and manufacturers of fast moving consumer goods (FMCGs), has acquired Green Lion, its competitor in Ghana, for an undisclosed amount, paving…
Reports say African startups raised record-smashing $4.3B to $5B in 2021
Last year was record-breaking for African startups. I know I’m probably starting to sound like a broken record, but the astronomical growth is worth highlighting again and again. In this…
Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion
The shipping business in Africa has for years been inefficient and costly due to the traditional ways of managing operations — traditional in the sense that a shipper has to…
Morocco’s Chari valued at $100M in bridge round as it looks to pilot BNPL services
Moroccan B2B e-commerce and retail startup Chari confirmed to TechCrunch that it has secured a bridge round at a $100 million valuation. The bridge round welcomed new investors Khwarizmi Ventures,…
TradeDepot raises $110M from IFC, Novastar to extend BNPL service to merchants across Africa
Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. TradeDepot, a Nigeria- and…
TradeDepot adds $10 million to add financial services to its supply chain services for African SMBs
Nigeria’s e-commerce startup TradeDepot, which connects international brands to small businesses in Africa, has raised $10 million in a new round of funding to expand its business into financial services…