Autochek acquires CoinAfrique to grow its footprint in Francophone Africa

Automotive e-commerce company Autochek has expanded to three new African countries after acquiring CoinAfrique, a classified ad marketplace, nearly two months after the Nigerian startup acquired Moroccan auto marketplace KIFAL Auto, marking its foray into North...

Autochek expands to North Africa after acquiring Morocco’s Kifal Auto

Digital automotive commerce company Autochek has acquired Morocco’s KIFAL Auto for an undisclosed amount, marking the entry of the vehicle marketplace into North Africa. The deal comes barely a year after Autochek bought Cheki Kenya and Cheki Uganda from Ringier One...

The Food Lab, an Egyptian cloud kitchen provider, raises $4.5M pre-seed for expansion

Per reports, Egyptians spend about 30% of their income on food in a $17 billion restaurant industry, one of the largest in Africa and the Middle East. Yet restaurants in this North African nation operate on thin margins due to several factors, ranging from large...

Social commerce platform Tushop set for Kenya growth after raising $3 million pre-seed funding

Tushop, a social-commerce platform in Kenya that enables the group-buying of fast-moving consumer goods (FMCGs), is set for expansion across Nairobi after raising $3 million in pre-seed funding in a round led by 4DX Ventures. Founded last year by Cathy Chepkemboi,...

Social commerce platform Tushop set for Kenya growth after raising $3 million pre-seed funding

Tushop, a social-commerce platform in Kenya that enables the group-buying of fast-moving consumer goods (FMCGs), is set for expansion across Nairobi after raising $3 million in pre-seed funding in a round led by 4DX Ventures. Founded last year by Cathy Chepkemboi,...

Eksab gets $3M to scale its fantasy football platform across MENA and Africa

Football or soccer, the latter commonly used in the US, is the most popular and watched sport globally with over five billion football fans according to its apex governing body, FIFA. While the World Cup, its pinnacle event of football and arguably the world’s...