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E-commerce in Africa: Logidoo Strengthens its Position with a Seed Funding Round

23/02/2024
Source : ORISHAS FINANCE
Categories: Economy/Forex

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Logidoo proudly announced the closing of its Seed funding round. It secures 1,550,000 dollars. Logidoo is a rising star in the African logistics and e-commerce sector

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The investment was led by a venture capital consortium such as Maroc Numeric Fund II (Morocco), 216 Capital (Tunisia), Gullit VC (Mauritius), Gullit VC (Mauritius), Mauritius), Founders Factory Africa (Mauritius), Founders Factory Africa (Nigeria), Founders Factory Africa (Nigeria), Sunny Side Venture Partners (Egypt/Japan) and Kalys Ventures (Morocco). It represents an important step for Logidoo and highlights the market's confidence in its innovative approach to meeting a critical African challenge. This is the low intra-African trade compared to regions like Asia and the EU

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