Kenya's Wasoko and Egypt's MaxAB Explore Strategic Merger to Enhance B2B E-Commerce in Africa
submitted 12 months ago by ron1994
submitted 12 months ago by ron1994
- Egyptian B2B e-commerce startup MaxAB and Kenya-based Wasoko are discussing merging their operations, but the terms of the deal are not yet established.
- Both companies have faced financial challenges and are exploring partnerships with other e-commerce platforms due to funding scarcity in the African B2B e-commerce sector.
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