Meditect
Venture Round in 2024
Meditect is a social enterprise focused on digitizing the medicine supply chain in Africa, with operations in Côte d'Ivoire, Senegal, and Cameroon, and plans for expansion across sub-Saharan Africa. The company develops AI and blockchain-based software designed to track falsified medicines and enhance the integrity of drug distribution. By providing innovative solutions, Meditect aims to combat the sale of counterfeit medications and ensure the authenticity of medicines through a system that allows pharmacists to verify their products. This initiative addresses the critical challenge of access to quality medicines in the context of Africa's rapidly growing population, leveraging digital technology to improve healthcare delivery in developing countries.
Paps
Venture Round in 2024
Paps is a transport and logistics company based in Dakar, Senegal, founded in 2016. It provides innovative distribution and delivery solutions tailored for companies and merchants. The company's e-commerce platform facilitates real-time scheduling and tracking of deliveries, enhancing the logistics process. Paps specializes in the distribution of documents and parcels, secure storage of goods, and insured delivery options, including last-mile and relay point services. Additionally, it offers professional services such as cash-on-delivery management, courier provision, returns management, and periodic reporting. The company’s on-demand logistics application features live tracking, an intelligent address system, and automatic dispatch, ensuring clients benefit from timely shipment movements.
Maad is a rapidly growing B2B marketplace located in Dakar, Senegal, focused on serving small retailers and fast-moving consumer goods (FMCG) brands in Francophone Africa. The company offers a technology-driven platform that facilitates mobile ordering and ensures reliable product delivery. Its services include providing data on product availability and market share, as well as targeted promotional offerings to help businesses enhance their sales. Additionally, Maad supports retailers by offering working capital loans, creating a comprehensive solution for their operational needs.
Shopmeaway
Venture Round in 2022
ShopMeAway is a logistics and e-commerce platform that connects global brands with underserved markets in Africa, Latin America, the Middle East, and Asia. The company addresses the challenges of limited access to goods in less industrialized countries, which often leads to inflated prices or unavailability. By integrating a cross-border logistics application with its e-commerce module, ShopMeAway enables consumers and businesses in these regions to order from international online stores efficiently. Since its establishment in 2018 in Senegal, the company has expanded its operations to Ivory Coast and partnered with Amazon to distribute its entire catalog to clients. Future expansion plans include entering the Nigerian and Moroccan markets within the next 12 to 16 months, with aspirations to extend its reach into Latin America, the Middle East, and Asia in the long term.
Maad
Pre Seed Round in 2021
Maad is a rapidly growing B2B marketplace located in Dakar, Senegal, focused on serving small retailers and fast-moving consumer goods (FMCG) brands in Francophone Africa. The company offers a technology-driven platform that facilitates mobile ordering and ensures reliable product delivery. Its services include providing data on product availability and market share, as well as targeted promotional offerings to help businesses enhance their sales. Additionally, Maad supports retailers by offering working capital loans, creating a comprehensive solution for their operational needs.
Yobante Express
Seed Round in 2021
Yobanté Express is a logistics technology startup focused on transforming cross-border and last-mile parcel delivery in key African markets. The company utilizes a fully digitized platform that ensures full traceability and exceptional customer support, minimizing merchandise loss and damage. By leveraging an asset-light model, Yobanté Express operates a cost-efficient network of relay points and independent carriers, facilitating fast and affordable delivery across cities and borders. Its platform connects local carriers with commerce, enabling efficient same-day delivery services, particularly in Senegal. This proven success has positioned Yobanté Express for expansion into other high-growth African markets.
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