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.
“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.
The US International Development Finance Corporation (DFC) has unveiled a new $250 million financing package aimed at enhancing digital connectivity and e-mobility in Kenya.
Google has unveiled the latest cohort of startups selected for the 2024 Google for Startups Accelerator Africa program, reinforcing its commitment to fostering Africa’s growing tech ecosystem.
The International Finance Corporation (IFC), a member of the World Bank Group, is considering a significant investment in a Moroccan venture capital fund that targets emerging technology companies in North and West Africa.
© 2021 Empower Africa. All rights reserved.