More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently.

Now, the last-mile distribution e-commerce company has received more investment: a $15 million Series A led by Tiger Global. With JABU, merchants can order, stock and pay for their products via Jwallet and expect same-day delivery, the YC-backed company said. In January, the company had over 6,000 merchants using its platform across Namibia, South Africa and Zambia. The company also provides data-driven services such as sales metrics and agent dashboards to FMCGs brands and banks via dashboards.

Namibian B2B E-Commerce Retail Platform Jabu Raises $15M Led By Tiger Global

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Namibian B2B E-Commerce Retail Platform Jabu Raises $15M Led By Tiger Global

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