MaxAB and Wasoko, two major African B2B e-commerce platforms, completed their merger in August 2024
MaxAB-Wasoko deepens Egypt footprint with Fatura acquisition
MaxAB-Wasoko acquires Fatura from EFG Finance, enhancing its B2B eCommerce capabilities in Egypt. EFG Finance becomes a significant shareholder in MaxAB-Wasoko and secures a board seat.
MaxAB-Wasoko makes first post-merger move with acquisition of Egypt’s Fatura
MaxAB-Wasoko acquired Fatura, an Egypt-based B2B e-marketplace, from EFG Finance. The acquisition aims to consolidate retail and supply chain technology across African markets.
