Wednesday, July 22, 2020

TradeDepot: eCommerce Platform for Consumer Goods in Africa

Since its launch in 2016, TradeDepot, the B2B eCommerce platform for consumer goods in Africa,  has built a network of more than 40,000 micro retailers in Nigeria. Working with global distributors and manufacturers including Nestlé, Unilever, GB Foods and Danone, TradeDepot makes household supplies, such as milk, soap, detergent and other essentials more accessible and affordable for the informal urban retail networks it operates in.

Cooler than all that is this:  TradeDepot has raised a further $10 million in a pre-Series B equity round co-led by Partech, International Finance Corporation, Women Entrepreneurs Finance Initiative (We-Fi) and MSA Capital.

Learn more about how a new investment will enable access to credit for retailers and Africa expansion.

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