Kenya: Maxab-Wasoko Acquires Egyptian B2b E-Marketplace Fatura

Kenya: Maxab-Wasoko Acquires Egyptian B2b E-Marketplace Fatura

Nairobi -- MaxAB-Wasoko, the merged retail e-commerce and supply chain platform, has acquired Egyptian e-marketplace Fatura from EFG Finance, a subsidiary of EFG Holding.

MaxAB-Wasoko Acquires Fatura to Accelerate Pan-African E-Commerce Landscape

MaxAB-Wasoko, one of Africa’s leading retail e-commerce and supply chain super apps, has announced the acquisition of Fatura, a prominent Egypt-based B2B e-commerce marketplace, from EFG Finance, a subsidiary of EFG Holding. The acquisition marks a major milestone in MaxAB-Wasoko’s strategy to accelerate the B2B commerce and fintech landscape across the African continent. As part […] The post MaxAB-Wasoko Acquires Fatura to Accelerate Pan-Africa…

Twiga Foods Shifts Strategy with Key Acquisitions in Kenya’s FMCG Sector

Twiga Foods, a Kenyan B2B e-commerce company, is overhauling its business model by acquiring controlling stakes in three local FMCG distributors—Jumra, Sojpar, and Raisons. The move marks a pivot from Twiga’s earlier capital-heavy approach, where it managed its own farms, delivery fleet, and supply chains. The company is now adopting a hybrid model that integrates software and procurement systems while outsourcing logistics to third-party partne…

The retail e-commerce giant MaxAB-Wasoko, born from the merger in 2024 between the Egyptian start-up MaxAB and the Kenyan company Wasoko, acquired the Egyptian start-up Fatura, operating in the B2B segment. The transaction, the amount of which has not been revealed, was concluded with EFG Finance, a subsidiary of EFG Holding. It allows for the...

MaxAB-Wasoko Acquires Fatura in Bold Bid to Consolidate African E-Commerce - Techish Kenya

MaxAB-Wasoko acquires Egypt’s Fatura to expand its super app reach and consolidate Africa’s fragmented retail and fintech ecosystem.

MaxAB-Wasoko Expands in Egypt with Fatura Acquisition - Innovation Village | Technology, Product Reviews, Business

MaxAB-Wasoko, the regional e-commerce and supply chain powerhouse, has deepened its footprint in Egypt through the acquisition of Fatura, a Cairo-based B2B marketplace previously owned by EFG Finance. The move reinforces MaxAB-Wasoko’s ambition to become Africa’s leading retail-tech platform, while strategically positioning EFG Finance, a subsidiary of EFG Holding, as a key shareholder and board member in the expanding company. Fatura brings a s…