New Investments
Egyptian Delivery Startup Bosta Gears Up for Growth with New Investment from Axian Group
Founded in 2017 by Mohamed Ezzat and Ahmed Gaber, Bosta is catering to businesses with comprehensive delivery solutions.
“This investment from Axian Group is a pivotal step in our growth journey,” says a company spokesperson. “Their expertise and network will be invaluable as we continue to expand across the region and unlock new opportunities for our customers.”
Bosta’s user-friendly mobile and web platform simplifies e-commerce fulfilment, allowing businesses to manage shipments and track deliveries in real time.
Axian Group, with its roots in Madagascar, has a keen eye for promising African startups.
This injection of capital and expertise will bolster Bosta’s ambitions to dominate the Egyptian and Saudi Arabian markets and potentially venture into other promising territories.
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...
Trade and Development Bank Secures $100 Million From BII to Support African Businesses
The Trade and Development Bank (TDB), a key financial institution focused on African development, has secured a $100 million financing package from the British International Investment (BII), the UK’s development finance arm.
Schroders Capital and BlueOrchard Invest $5 Million in African Infrastructure Fund
Schroders Capital and BlueOrchard have committed $5 million to the African Infrastructure Investment Fund 4 (AIIF4) through their Green Earth Impact Fund (GEIF).
Supamoto Receives $4.3 Million Investment from PIDG and EDFI for Clean Cooking Expansion in Zambia
The Private Infrastructure Development Group (PIDG) and EDFI Management Company, through the Electrification Financing Initiative (ElectriFI), have committed €4 million to support the expansion of Emerging Cooking Solutions (Supamoto) in Zambia.
