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.

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