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