Africa: South Africa’s Pargo Expands to Egypt With $4m Investment

TLDR

• South African e-commerce logistics firm Pargo expands into Egypt with Collect and Return services at 500+ Pargo Points, supported by $4 million funding round.
• Pargo’s innovative logistics model leverages pickup points to reduce delivery costs and cater to Egypt’s booming e-commerce sector.
• Launching in Egypt in 2023, Pargo introduces “Cash on Collection” option and plans to extend to 7,000 pickup points in MENA by 2026.

South African e-commerce logistics firm Pargo has entered Egypt,…