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Mecho Autotech Lands $2.4 Million Pre-Series A Investment
Mobility startup, Mecho Autotech has raised $2.4 million pre-Series A and is expanding into wholesale automotive spare parts distribution in Nigeria.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- data, distribution, startups, supply chains
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Walmart Doubles-Down on Massmart in African Market Push
Walmart has injected money into Massmart and appointed its own executives to key roles, according to the report.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Virunga Power Launches New Country-Scale Distribution Utility in Burundi
The creation of a new privately-owned and operated electricity distribution company will bring grid power to almost 70% of Burundi’s population.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Zanifu Raises $11.2 Million to Scale Its Inventory Financing Offering in Kenya
The fintech provides inventory credit to retailers, and the new funding will enable it to expand the solution to distributors too.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, financial inclusion, fintech, lending, MSMEs, scale, startups
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Kasha Raises $21 Million Series B Led by Knife Capital to Expand Health Access Platform Across Africa
Kasha provides a digital retail and last-mile distribution platform for pharmaceuticals and fast-moving consumer goods (FMCGs).
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Indonesia’s Baskit Secures $3.3 Million Seed Round to Digitize Distribution Infrastructure for SMEs
By helping SMEs in their digital transformation, Baskit aims to create more efficient supply chains efficiency and access to financing.
- Categories
- Investing, Technology
- Region
- South Asia
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Brazil’s Seedz to Expand Agribusiness Platform to North America to Bring More Farmers Online
Brazil-based Seedz is bringing its digital agribusiness marketplace that connects agribusinesses with farmers to North America.
- Categories
- Agriculture, Technology
- Region
- Latin America
- Tags
- agtech, data, distribution, infrastructure, scale
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African B2B E-Commerce Startup Sabi Tops $300 Million Valuation in New Funding
Sabi is providing digital commerce infrastructure to Africa’s informal economy.
- Categories
- Finance, Technology