Afrikamart

company

About

Afrikamart is a Fresh Produce Supply Chain that uses digital to aggregate demand, collect supply and organize end to end logistics.

  • Dakar,Dakar,Senegal
  • 11 - 50

Details

Last Funding Type
Non-Equity Assistant
Industries
Logistics,Supply Chain Management
Founded date
Jan 1, 2018
Number Of Employee
11 - 50
Operating Status
Active

Afrikamart is a west African distribution platform for fresh produce that offers its marketing services to producers - suppliers - and operates as a digital purchasing center for retailers, hotels and restaurants - customers.

We combine extensive use of digital with its experience in the food value chain to:
- Facilitate information exchange between suppliers and customers (purchase price, sale price, product availability, harvest and purchase forecasts)
- Organize end-to-end logistics with a network of transporters
- Optimize financial and product flows according to different purchase and payment terms

Our team includes experienced technology driven individuals with a strong experience in food commodity trading.
Afrikamart brings pragmatic solutions to solve food value chain inefficiencies in West Africa while empowering hundreds of underprivileged women and young people with economic opportunities.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$1.05M
Afrikamart has raised a total of $1.05M in funding over 2 rounds. Their latest funding was raised on Nov 10, 2022 from a Non-Equity Assistant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 10, 2022 Non-Equity Assistant 1 Katapult Detail
Jun 26, 2022 Seed $850K 4 Bloc Smart Africa Fund Detail
Oct 1, 2021 Series Unknown $200K 1 Launch Africa Detail
Jan 1, 2021 Non-Equity Assistant 1 SAIS Detail

Investors

Number of Lead Investors
Number of Investors
4
6
Afrikamart is funded by 6 investors. Katapult and Bloc Smart Africa Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Katapult Yes Non-Equity Assistant
Bloc Smart Africa Fund Yes Seed
SAIS Yes Non-Equity Assistant
Launch Africa Seed
Orange Digital Ventures Seed
Teranga Capital Seed

Employee Profiles

Number of Employee Profiles
2
Afrikamart has 2 current employee profiles, including Executive Mignane Diouf
Executive
Executive