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Afrikrea Raises $6.2 Million in New Funding, Rebrands to Anka
The e-commerce platform, which aims to bring African-made products to a global audience, has completed a $6.2 million pre-Series A funding round and rebranded to Anka.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, infrastructure
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YC-backed Namibian Startup JABU Gets $3.2 Million for Its B2B E-commerce and Retail Play
As a last-mile distribution e-commerce company, JABU joins a list of startups across the continent that help small retailers order and stock their products and, at the same time, provide data-driven services to suppliers and manufacturers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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Nigerian Ethical Credit-Recovery Fintech Bfree Secures $1.7 Million, Expands to Asia, Europe, South America and Across Africa
Bfree, a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 million in a pre-Series A round.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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AI Startup Fractal Becomes Unicorn With $360 Million Investment From TPG
Fractal has raised $360 million from TPG in a new financing round and entered the unicorn club as the Mumbai and New York-based AI startup,
- Categories
- Technology
- Region
- Asia Pacific
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SK Group to Invest US $700 Million in Electric Vehicles, Environment in Malaysia
SK Group, the second-largest conglomerate in Korea and leading energy and chemical company, has committed to invest US$700 million in Malaysia in various sectors, including electronic vehicles (EV), digitalization, and the environment.
- Categories
- Technology
- Region
- South Asia
- Tags
- e-mobility
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FoodMap Raises US $3 Million to Connect Farmers, Food Producers Directly to B2C, B2B Customers in Vietnam
FoodMap aims to solve the gap between demand and supply across the invisible supply chain with a back-end management system for farmers and suppliers.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- e-commerce, food security
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Ghanaian Healthtech mPharma Raises USD $35 Million Funding Round
Ghanaian health tech startup mPharma has raised a USD 35 Mn Series D round to help build the startup’s data infrastructure, triple its talent pool over the next three years.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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From People to Packages: How a Nigerian Ride-Hailing Business Weathered the Pandemic by Shifting to Last-Mile Delivery
The effects of COVID-19 have impacted business around the world, and consumer-focused sectors in Africa have faced particular challenges. As Nikhil Goel at Gokada explains, the crisis has exposed the urgent need for digital-first approaches to work, shopping and other aspects of daily life – and opened new opportunities for nimble enterprises that can tap into this growing demand. He explores how Gokada has successfully navigated the pandemic by shifting its business model from ride-sharing to last-mile delivery.
- Categories
- Coronavirus, Technology, Transportation
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