Egyptian B2B e-commerce platform MaxAB raises $40M Series A
MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has secured $40M in a Series A round, led by RMBV, a prominent impact investor in North Africa.
MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has secured $40M in a Series A round, led by RMBV, a prominent impact investor in North Africa.
Customers of Kenya’s eminent telco Safaricom can now buy shares listed on the Nairobi Securities Exchange using their Bonga Points. This marks the first investment option for redeeming the Bonga Points loyalty reward, which can be used for a multitude of other options in the past.
In the Middle East, no less than ten startups offering BNPL services have launched within the past three years. The launch of tabby as a buy now, pay later solution was to specifically target economic problems of the MENA and wider GCC region. Global Founders Capital and STV led the funding round, with participation from Delivery Hero and CCVA.
Google’s search market share has dropped below 90% for the first time since 2015 according to web traffic analysis platform Statcounter. This does not necessarily signal a migration of users to AI search, since Statcounter compares search traffic only among the main search engines. The likes of Bing and Yandex are still way behind Google.