#marketplace

Hoods have raised a round of funding from valU, a subsidiary of Egypt-based investment bank EFG-Hermes. Hoods leverage videos made by individuals using creative content to produce unique and entertaining product displays for customers,…

Mazaya has raised a US$5 million pre-seed funding round to scale its operations in Egypt and expand into new markets and verticals. Since its launch, the startup has worked with over 6,000 retailers, fulfilled 30,000 orders, and achieved a…

Vendease said it has raised $30 million in an equity and debt funding round. The fund will help consolidate its growth and operations in Nigeria and Ghana, as well as support its expansion across the continent. According to Vendease, the…

Exits.me, a fintech investment banking marketplace, has raised $1 million in pre-seed funding round as it plans continued growth. The startup was acquired initially by PIE, a boutique M&A consultancy founded by Mohamed Aboulnaga,…

Shoptreo has launched an online B2B marketplace for African informal retailers and vendors who specialize in African-made products. Emmanuel Jacobs, Shoptreo founder said: “There has been a challenge on how to take African products to…

Snapplify has launched its Teacha! brand in East Africa, making thousands of teaching resources immediately available to teachers. Using the Teacha! resource marketplace, teachers can buy and sell their teaching resources online. It…

Chargel has raised a US$750,000 pre-seed funding round to help it make the trucking industry in Senegal and Francophone West Africa more efficient, reliable and transparent. The startup said it is building the largest trucking network in…

The Africa’s largest telecom company, MTN became the first African company to enter the metaverse by purchasing land in Africarare. This purchase will see MTN owning 144 plots of virtual land with an overall area of 12x12m. The land is…

Duplo, said it has raised a US$1.3 million pre-seed round as it also confirms its participation in the W22 batch of the Silicon Valley-based Y Combinator accelerator. Founded by Yele Oyekola and Tunde Akinnuwa in September 2021, Duplo…