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New Investments

Chowdeck Secures $9 Million to Accelerate On-Demand Delivery in Nigeria and Ghana

Lagos-based delivery startup Chowdeck has secured $9 million in Series A funding to extend its reach into more cities across Nigeria and Ghana and to accelerate its quick-commerce strategy.

The investment was spearheaded by Novastar Ventures, joined by participants such as Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ, and others.

The funding will enable Chowdeck to offer faster and more reliable delivery of food, groceries, and medicine.

It will rely on dark stores and hyperlocal logistics to improve coverage, speed up delivery times, and enter new cities currently not served by the platform.

Founded in October 2021, Chowdeck has grown rapidly, and now serves 1.5 million customers, supported by a delivery fleet of over 20,000 riders, operating in 11 cities across Nigeria and Ghana.

The company has set an ambitious target—opening 40 dark stores by the end of 2025 and expanding to 500 by the end of 2026, adding 2–3 locations each week.

Femi Aluko, co-founder and CEO of Chowdeck, said the new investment is a key step toward fulfilling the company’s goal of becoming Africa’s leading super app.

He highlighted plans to enter new markets, lower delivery times, grow the grocery business, and attract top talent to improve service and innovation.

Brian Waswani Odhiambo, a partner at Novastar Ventures, praised Chowdeck’s local market insight, sustainability-oriented approach, and strong operational performance.

Chowdeck is expanding at a time when other delivery platforms—like Jumia Food and Bolt Food—have exited the market.

Expansion into Ghana is backed by localized support: rider training, performance incentives like “Rider Games”, and customer loyalty schemes including “ChowScore” and referral discounts.

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