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Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir

par Tage Kene-Okafor | Mar 16, 2022 | 4DX Ventures, Africa, Avenir Growth Capital, b2b retail e-commerce, binny Bansal, ceo, Co-founder, Daniel Yu, e-commerce, eCommerce, Flipkart, flutterwave, Funding, Gett, Ghana, informal retail, JAM Fund, kenya, King, marketplace, Nigeria, Quona Capital, Recent Funding, retail, Rwanda, senegal, SMS, sokowatch, South Africa, Southern Africa, Startups, Tanzania, TC, tiger global, Udaan, Uganda, VNV Global, wasoko

Informal retail is king in Africa, with hundreds of billions of dollars of consumer goods sold through its channels yearly. Yet its industry remains highly fragmented as shop owners and kiosks still have issues around access to capital and getting goods regularly and...

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