Industry: B2B e-commerce
Sentiment: Positive
Total Articles: 2
Last Article: 2025-05-09 07:14:29+00:00
Swedfund has committed $15 million to TLG Capital's Africa Growth Impact Fund II, which aims to support SMEs across Africa. The fund, with a total first close of $75 million, offers flexible financing to viable SMEs facing temporary financial distress in sectors such as manufacturing, healthcare, agriculture, and telecommunications.
OmniRetail, a B2B e-commerce platform digitizing the FMCG supply chain in West Africa, has raised $20 million in Series A funding. The company aims to expand its presence in Nigeria, Ghana, and Ivory Coast while focusing on embedded finance products. OmniRetail has achieved profitability and processes over $810 million in transactions annually.