Daily Digest Thursday, 26 August 2021
Funding In Northern Africa
MaxAB raises $15m, acquires WaystoCap
The startup is announcing the acquisition of Morocco-based B2B e-commerce and distribution platform WaystoCap for an undisclosed amount. Read more
Funding In Eastern Africa
Kenya Retail tech startup, MarketForce, secures yet another US$100k funding from Harambeans Prosperity Fund
The start-up’s platform leverages mobile devices by enabling field agents to record all customer interactions as they happen in the field, and then aggregates this data and presents it through live web dashboards. Read more
How to raise $1,000,000 million+ through Venture Financing
Funding In Western Africa
Senegalese mobility startup, Kai, lands seed investment
Mobility 54 plans to use its extensive network in French-speaking West Africa to provide Kai with high-quality products and after-sales services throughout the group’s various brands and its local partners. Read more
Latest News
Africa Search Capital purchases majority stake in Falcon Security Hub
The transaction, which culminates a 12-month search process for ASC, is the first successful acquisition by a traditional Search Fund in Africa. Read more