The Baobab Network

7/21 The Baobab Network Report_ Zipline reaches new heights




This week an announcement of Zipline, a Rwanda and US-based healthcare delivery platform that it has closed a $250 million USD Series E funding round to build new distribution centres in Nigeria and Ghana, is introduced.

Also the news that, Egyptian SME inventory procurement platform, MaxAB, announced that it has closed a $40 million USD Series A funding round to support expansion across key cities within Egypt, and broader North African and Middle Eastern markets, Chaka, a mobile app-based trading platform announced this week that they have acquired Digital Sub-Broker License from the Securities Exchange Commission of Nigeria (SEC), and so on are introduced.

The news report is filled with exciting local African information. Please enjoy!


Source: The Baobab Network Ltd,