New Investments
ANKA Secures $5M Pre-Series A Extension to Accelerate E-Commerce Growth in Africa
ANKA, an Ivorian SaaS e-commerce platform for African businesses, has raised $5 million in a pre-Series A extension round led by the International Finance Corporation (IFC) with participation from Proparco and Bpifrance.
This brings the company’s total investment to date to $13.5 million.
ANKA provides a comprehensive e-commerce solution for African businesses, including website design and development, payment processing, and shipping.
The platform also offers a variety of features to help businesses grow their online sales, such as marketing tools and analytics.
ANKA plans to use the new funding to strengthen its product development and expand its services.
The investment in ANKA is a sign of the growing interest in African e-commerce.
E-commerce sales in Africa are expected to reach $30 billion by 2025, according to Statista.
ANKA is well-positioned to capitalize on this growth with its comprehensive e-commerce solution and focus on African businesses.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Moroccan Startup Enakl Secures $1.4 Million pre-Seed Funding to Revolutionize Urban Mobility
Moroccan urban mobility startup Enakl has raised $1.4 million in pre-seed funding to advance its mission of offering safer, smarter, and sustainable collective transport solutions for daily commutes, both locally and internationally.
Kenyan Electric Bus Startup BasiGo Secures $3 Million Funding for East Africa Expansion
BasiGo, a Kenyan electric mobility company, has secured KSh396 million ($3 million) in equity funding from CFAO Group.
South African Fintech Happy Pay Secures $1.8 Million in Pre-Seed Funding to Expand BNPL Services
South African fintech startup Happy Pay has secured R32 million ($1.8 million) in pre-seed funding to fuel its growth and expand its Buy Now, Pay Later (BNPL) offerings.
