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.
As part of the transaction, EFG Finance will receive an equity stake in MaxAB-Wasoko and a seat on its board of directors.
The acquisition is part of MaxAB-Wasoko’s strategy to consolidate B2B commerce and fintech operations across Africa.
The move follows the 2024 merger between Egypt-based MaxAB and Kenya-based Wasoko, which…
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