EGYPT – Fatura, Egypt based ecommerce marketplace connecting FMCG wholesalers to retailers, has been fully acquired by Tanmeyah for Microfinance Services, a wholly-owned subsidiary of…
EGYPT – Egyptian e-grocery marketplace ON Market has raised US$215,000 in pre-seed funding to further expand its operations in Cairo, Alexandria, Tanta, Mansoura, and multiple…
MALAWI – Afribrand, the master franchiser of American fast food restaurant chain KFC in Malawi, has cut ribbon to a new outlet in Blantyre, south…
MOROCCO – Chari, a fintech and e-commerce startup, has been awarded the ‘Disrupter of the year’ trophy at the Africa CEO Forum in Abidjan, Ivory…
SOUTH AFRICA – Walmart-owned South African retailer, Massmart, has opened a new distribution centre at Riversands, Johannesburg as part of its centralised network strategy. It…