B2B Startups in Africa

Step into the thriving world of B2B startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in B2B.

Cummulative Funding

$608.7M+

Total # of Companies

88

Total Deal Count

156

Total M&A Count

8

Total # of Investors

342

List of B2B startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Thunes is a B2B company that powers payments for the world’s fastest-growing businesses.

Series C

$ 202,000,000

2016

2.

TradeDepot enables manufacturers and key distributors keep their brands in stock on the shelves of millions of retail stores across Africa.

Debt Financing

$ 123,000,000

2015

3.

Sabi is a merchant aggregation platform that digitizes key processes towards accelerating offline trade in frontier markets.

Series B

$ 64,000,000

2020

4.

Capiter is a B2B marketplace that brings FMCGs, wholesalers & merchants to the same platform

Series A

$ 33,000,000

2019

5.

Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt

Debt Financing

$ 24,600,000

2019

6.

JABU is a B2B marketplace offering tech-route-to-market development and merchandising for FMCG brands in undeveloped areas.

Series A

$ 18,200,000

2020

7.

Remedial Health is a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient

Series A

$ 17,570,000

2019

8.

Alerzo is a B2B e-commerce retail startup based in Ibadan, Nigeria.

Series A

$ 16,025,000

2019

9.

WATT aims to design, build, own, and operate (DBOOM) renewable energy (RE) projects through solar, wind, and biomass generation.

Venture

$ 13,000,000

2016

10.

Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere

Series A

$ 12,250,000

2017

11.

YoLa Fresh has developed a platform that connects farmers directly with retailers and food service companies.

Seed

$ 9,000,000

2023

12.

Waza is Nigerian FinTech startup that makes it easy for Africans to make global B2B payments.

Debt Financing

$ 8,620,000

2023

13.

Axis is an Egyptian FinTech which empowers small business founders & solopreneurs with the tools & resources to compete & thrive.

Seed

$ 8,300,000

2021

14.

Duplo is modernizing payments for B2B companies in Africa.

Seed

$ 5,600,000

2021

15.

Jumba is a construction tech platform that simplifies B2B purchase and financing of construction materials

Seed

$ 5,500,000

2022

16.

Mazaya is the first B2B e-commerce site with an emphasis on electronics.

Pre-seed

$ 5,000,000

2021

17.

Orderin is a South African B2B delivery-as-a-service (DaaS) startup.

Series B

$ 4,700,000

2013

18.

Chefaa is an Egyptian MedTech platform delivers medical supplies from the nearest pharmacy according to GPS location.

Venture

$ 4,332,000

2017

19.

Eze is a B2B wholesale marketplace for smartphones, laptops, tablets, and other electronics.

Seed

$ 4,150,000

2018

20.

Fatura is a technology platform revolutionizing the FMCG industry in Egypt & Africa.

Seed

$ 4,000,000

2019

Thunes

Founded

2016

Overview

Thunes is a B2B company that powers payments for the world’s fastest-growing businesses.

Last round

Series C

Total raised

$ 202,000,000

Employee

201-500

Founded

2015

Overview

TradeDepot enables manufacturers and key distributors keep their brands in stock on the shelves of millions of retail stores across Africa.

Last round

Debt Financing

Total raised

$ 123,000,000

Employee

51-200

Sabi

Founded

2020

Overview

Sabi is a merchant aggregation platform that digitizes key processes towards accelerating offline trade in frontier markets.

Last round

Series B

Total raised

$ 64,000,000

Employee

51-200

Capiter

Founded

2019

Overview

Capiter is a B2B marketplace that brings FMCGs, wholesalers & merchants to the same platform

Last round

Series A

Total raised

$ 33,000,000

Employee

501-1,000

Cartona

Founded

2019

Overview

Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt

Last round

Debt Financing

Total raised

$ 24,600,000

Employee

51-200

Jabu

Founded

2020

Overview

JABU is a B2B marketplace offering tech-route-to-market development and merchandising for FMCG brands in undeveloped areas.

Last round

Series A

Total raised

$ 18,200,000

Employee

51-200

Founded

2019

Overview

Remedial Health is a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient

Last round

Series A

Total raised

$ 17,570,000

Employee

11-50

Alerzo

Founded

2019

Overview

Alerzo is a B2B e-commerce retail startup based in Ibadan, Nigeria.

Last round

Series A

Total raised

$ 16,025,000

Employee

501-1,000

WATT

Founded

2016

Overview

WATT aims to design, build, own, and operate (DBOOM) renewable energy (RE) projects through solar, wind, and biomass generation.

Last round

Venture

Total raised

$ 13,000,000

Employee

51-200

VertoFX

Founded

2017

Overview

Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere

Last round

Series A

Total raised

$ 12,250,000

Employee

11-50

Founded

2023

Overview

YoLa Fresh has developed a platform that connects farmers directly with retailers and food service companies.

Last round

Seed

Total raised

$ 9,000,000

Employee

51-200

Waza

Founded

2023

Overview

Waza is Nigerian FinTech startup that makes it easy for Africans to make global B2B payments.

Last round

Debt Financing

Total raised

$ 8,620,000

Employee

2-10

Axis

Founded

2021

Overview

Axis is an Egyptian FinTech which empowers small business founders & solopreneurs with the tools & resources to compete & thrive.

Last round

Seed

Total raised

$ 8,300,000

Employee

51-200

Duplo

Founded

2021

Overview

Duplo is modernizing payments for B2B companies in Africa.

Last round

Seed

Total raised

$ 5,600,000

Employee

2-10

Jumba

Founded

2022

Overview

Jumba is a construction tech platform that simplifies B2B purchase and financing of construction materials

Last round

Seed

Total raised

$ 5,500,000

Employee

2-10

Mazaya

Founded

2021

Overview

Mazaya is the first B2B e-commerce site with an emphasis on electronics.

Last round

Pre-seed

Total raised

$ 5,000,000

Employee

1,001-5,000

Orderin

Founded

2013

Overview

Orderin is a South African B2B delivery-as-a-service (DaaS) startup.

Last round

Series B

Total raised

$ 4,700,000

Employee

51-200

Chefaa

Founded

2017

Overview

Chefaa is an Egyptian MedTech platform delivers medical supplies from the nearest pharmacy according to GPS location.

Last round

Venture

Total raised

$ 4,332,000

Employee

11-50

Eze

Founded

2018

Overview

Eze is a B2B wholesale marketplace for smartphones, laptops, tablets, and other electronics.

Last round

Seed

Total raised

$ 4,150,000

Employee

11-50

Fatura

Founded

2019

Overview

Fatura is a technology platform revolutionizing the FMCG industry in Egypt & Africa.

Last round

Seed

Total raised

$ 4,000,000

Employee

2-10

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