MaxAB-Wasoko makes first post-merger move with acquisition of Egypt’s Fatura
TechCabal | Kenn Abuya - May 19, 2025
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  • 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.
  • Fatura connects over 626 wholesalers to retailers in 16 cities in Egypt.
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The acquisition of Fatura by MaxAB-Wasoko is a strategic move that not only enhances its market presence in Egypt but also aligns with the growing trend of digital transformation in the African retail sector. This integration could lead to improved efficiencies and better access to financial tools for small retailers, which is crucial for fostering economic growth in the region.
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