E-commerceFundingWeekly Digest

GFA Weekly Digest August 23 – August 27 (Top Stories)

Nigeria’s digital pension startup, Awabah, gets selected for Techstars London accelerator program

The startup is dedicated to making micro-pension services available to those in the informal sector and those whose employers are not legally required to deduct and remit pension. Read more

Morocco E-commerce startup, Chari.ma, purchases mobile credit book application: Karny.ma

Chari.ma thus hopes to use Karny.ma to acquire new users at a lower price. Indeed, the customer acquisition cost is lower on Karny than on Chari. Read more

South Africa’s food delivery app has relaunched a B2B delivery-as-a-service platform

This new direction involves providing retail companies with end-to-end solutions, including providing the software needed to build the service and delivery fulfillment. Read more


How to raise $1,000,000 million+ through Venture Financing


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

MaxAB raises $15m, acquires WaystoCap

However, since its pivot to a similar model to MaxAB, in that it connects retailers with suppliers across Morocco, WaystoCap has pulled out from both countries while growing to a network of over 8,000 retailers in Morocco. Read more

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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