Retail Startups in Africa
Overview Powered by AI
Jumia's dominance wanes as local players like Copia Global, Twiga Foods, and Kiku Foods gain traction. Steinhoff and Pepkor face operational challenges amid allegations of financial irregularities. Local retailers adapt with mobile payments, community-based distribution, and customized offerings, positioning themselves as formidable competitors.
Cummulative Funding
$2.8B+
Total # of Companies
120
Total Deal Count
319
Total M&A Count
10
Total # of Investors
566
List of Retail startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Jumia Group is an e-commerce ecosystem that provides innovative, convenient, and affordable online goods and services to consumers. | Corporate | $ 805,345,200 | 2012 | |
Steinhoff is an integrated retailer that manufactures, sources, and retails furniture and household goods in Europe, Africa and Australia. | Post-IPO Equity | $ 654,044,994 | 1964 | |
Pepkor is a South African based investment holding company with retail interests in Africa, Australia and Eastern Europe. | Debt Financing | $ 238,698,166 | 1965 | |
Takealot.comβs mission is to be the most customer-centric online shopping destination in Africa. | Venture | $ 211,962,955 | 2010 | |
Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers. | Series C | $ 145,650,000 | 2013 | |
Wasoko (formerly Sokowatch) is transforming communities across Africa by revolutionizing access to essential goods and services. | Series B | $ 143,600,000 | 2013 | |
Zambeef Products PLC is a production, processing, distribution and retailing of beef, chicken, pork, milk, etc. | Post-IPO Equity | $ 65,000,000 | 1994 | |
Opontia is the next-generation consumer holding group in the Middle East & Africa. | Series A | $ 62,000,000 | 2021 | |
Yellow is the leading distributor of pay-as-you-go solar home systems in Malawi. | Debt Financing | $ 57,025,000 | 2018 | |
A South Africa-based independent food retail group | Venture | $ 54,000,000 | 1993 | |
MarketForce is an end-to-end solution to manage your field sales activities and grow your distribution channels. | Series A | $ 42,600,000 | 2017 | |
Zeepay is Ghanian FinTech startup which focuses on digital rails intended to connect digital assets. | Debt Financing | $ 40,040,000 | 2014 | |
Kobo360, is a privately owned, pan-african technology company disrupting and leading African third-party logistics industry. | Series A | $ 37,320,000 | 2017 | |
B.TECH is Egyptβs household appliances and consumer electronics retailer. | Private Equity | $ 34,000,000 | 1997 | |
Kasha empowers all women to confidentially and affordably purchase the products they need to live their best lives | Venture | $ 28,000,000 | 2016 | |
Chari.ma is a Morrocco-based digital marketplace for local businesses selling everyday goods. | Series A | $ 20,675,000 | 2020 | |
OmniRetail improves the inefficiencies of traditional trade by digitising the key stakeholders through its stellar products. | Series A | $ 20,000,000 | 2019 | |
Float lets shoppers split credit card purchases into interest-free instalments, boosting merchant sales. | Funding Round | $ 19,600,000 | 2020 | |
SweepSouth is a cleaning service company that connects clients to on-demand domestic cleaners via an online booking platform. | Series B | $ 17,650,000 | 2014 | |
Alerzo is a B2B e-commerce retail startup based in Ibadan, Nigeria. | Series A | $ 16,025,000 | 2019 |
Founded
2012
Overview
Jumia Group is an e-commerce ecosystem that provides innovative, convenient, and affordable online goods and services to consumers.
Last round
Corporate
Total raised
$ 805,345,200
Employee
1001-5000
Founded
1964
Overview
Steinhoff is an integrated retailer that manufactures, sources, and retails furniture and household goods in Europe, Africa and Australia.
Last round
Post-IPO Equity
Total raised
$ 654,044,994
Employee
10001+
Founded
1965
Overview
Pepkor is a South African based investment holding company with retail interests in Africa, Australia and Eastern Europe.
Last round
Debt Financing
Total raised
$ 238,698,166
Employee
10001+
Founded
2010
Overview
Takealot.comβs mission is to be the most customer-centric online shopping destination in Africa.
Last round
Venture
Total raised
$ 211,962,955
Employee
10001-5000
Founded
2013
Overview
Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.
Last round
Series C
Total raised
$ 145,650,000
Employee
51-200
Founded
2013
Overview
Wasoko (formerly Sokowatch) is transforming communities across Africa by revolutionizing access to essential goods and services.
Last round
Series B
Total raised
$ 143,600,000
Employee
51-100
Founded
1994
Overview
Zambeef Products PLC is a production, processing, distribution and retailing of beef, chicken, pork, milk, etc.
Last round
Post-IPO Equity
Total raised
$ 65,000,000
Employee
5001-10000
Founded
2021
Overview
Opontia is the next-generation consumer holding group in the Middle East & Africa.
Last round
Series A
Total raised
$ 62,000,000
Employee
2-10
Founded
2018
Overview
Yellow is the leading distributor of pay-as-you-go solar home systems in Malawi.
Last round
Debt Financing
Total raised
$ 57,025,000
Employee
11β50
Founded
1993
Overview
A South Africa-based independent food retail group
Last round
Venture
Total raised
$ 54,000,000
Employee
251-500
Founded
2017
Overview
MarketForce is an end-to-end solution to manage your field sales activities and grow your distribution channels.
Last round
Series A
Total raised
$ 42,600,000
Employee
11-50
Founded
2014
Overview
Zeepay is Ghanian FinTech startup which focuses on digital rails intended to connect digital assets.
Last round
Debt Financing
Total raised
$ 40,040,000
Employee
11-50
Founded
2017
Overview
Kobo360, is a privately owned, pan-african technology company disrupting and leading African third-party logistics industry.
Last round
Series A
Total raised
$ 37,320,000
Employee
101-250
Founded
1997
Overview
B.TECH is Egyptβs household appliances and consumer electronics retailer.
Last round
Private Equity
Total raised
$ 34,000,000
Employee
1001-5000
Founded
2016
Overview
Kasha empowers all women to confidentially and affordably purchase the products they need to live their best lives
Last round
Venture
Total raised
$ 28,000,000
Employee
51-100
Founded
2020
Overview
Chari.ma is a Morrocco-based digital marketplace for local businesses selling everyday goods.
Last round
Series A
Total raised
$ 20,675,000
Employee
201-500
Founded
2019
Overview
OmniRetail improves the inefficiencies of traditional trade by digitising the key stakeholders through its stellar products.
Last round
Series A
Total raised
$ 20,000,000
Employee
51-200
Founded
2020
Overview
Float lets shoppers split credit card purchases into interest-free instalments, boosting merchant sales.
Last round
Funding Round
Total raised
$ 19,600,000
Employee
11-50
Founded
2014
Overview
SweepSouth is a cleaning service company that connects clients to on-demand domestic cleaners via an online booking platform.
Last round
Series B
Total raised
$ 17,650,000
Employee
51-200
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