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...
Egyptian Delivery Startup Bosta Gears Up for Growth with New Investment from Axian Group
Egyptian logistics startup Bosta is gearing up for further expansion after securing a fresh investment from Axian Group, a pan-African group and investment firm.
Mali’s OKO Secures Fresh Funding Round Led by Catalyst Fund to Expand Climate Insurance for African Farmers
Malian agritech and climate-insurance startup, OKO, has secured a new round of investment led by Catalyst Fund, with backing from two of its earlier backers.
Investment Firm Injaro Raises $17.5 Million to Back SMEs in Ghana and Ivory Coast
Injaro Investments Advisors Limited, a prominent Ghanaian investment firm, announced the successful closing of its Injaro Ghana Venture Capital Fund (IGVCF), securing GHS 216 million (USD 17.5 million).