Wholesale Startups in Africa

Overview Powered by AI

Wholesale is gaining traction, but faces challenges: * Eze has scaled rapidly, but faces competition from Mhogo Foods' strong supplier network. * Fridge has a strong B2B focus, leveraging its cold storage expertise. * Local business leaders are cautiously optimistic, recognizing the potential but concerned about execution and market saturation. * Key to success: efficient logistics, reliable suppliers, and tailored solutions for local businesses.

Cummulative Funding

$4.2M+

Total # of Companies

6

Total Deal Count

6

Total M&A Count

0

Total # of Investors

13

List of Wholesale startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

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

Seed

$ 4,150,000

2018

2.

Fridge is an eCommerce platform which supplies bussinesses with groceries and hygiene supplies at whole sale prices.

Angel

$ 100,000

2017

3.

Mhogo Foods is Kenyan cassava processing startup which processes cassava into gluten-free flour, and other products.

Grant

$ 20,000

2017

4.

Waptech is an Egyptian startup which offers an eCommerce platform for Stationery supplies.

Pre-seed

$ 10,000

2016

5.

Kuzlo is a B2B platform that connects FMCG small retailers with wholesalers in their area

Pre-seed

Undisclosed

2021

6.

SouqKit is an e-commerce platform that sells locally manufactured and imported products in Egypt for wholesale

Undisclosed

Undisclosed

2019

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

Fridge

Founded

2017

Overview

Fridge is an eCommerce platform which supplies bussinesses with groceries and hygiene supplies at whole sale prices.

Last round

Angel

Total raised

$ 100,000

Employee

2-10

Founded

2017

Overview

Mhogo Foods is Kenyan cassava processing startup which processes cassava into gluten-free flour, and other products.

Last round

Grant

Total raised

$ 20,000

Employee

11-50

Waptech

Founded

2016

Overview

Waptech is an Egyptian startup which offers an eCommerce platform for Stationery supplies.

Last round

Pre-seed

Total raised

$ 10,000

Employee

2-10

Kuzlo

Founded

2021

Overview

Kuzlo is a B2B platform that connects FMCG small retailers with wholesalers in their area

Last round

Pre-seed

Total raised

$ 0

Employee

2-10

Souqkit

Founded

2019

Overview

SouqKit is an e-commerce platform that sells locally manufactured and imported products in Egypt for wholesale

Last round

Undisclosed

Total raised

$ 0

Employee

11-50

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