Finance

Ivorian online fashion platform Afrikrea raises $6.2mln expansion fund

Ivorian online fashion platform Afrikrea raises $6.2mln expansion fund
Tuesday, 11 January 2022 18:05

The Ivorian platform Afrikrea, which markets the creations of African fashion artists online, announced it has successfully raised $6.2 million from a group of foreign investors to strengthen its activity. As part of its development strategy, Afrikrea also announced it is changing its name to Anka.

“Afrikrea will officially become Anka. The name is changing but we are staying the same. We will have new challenges and a brighter vision with the same goal: to bridge the gap between Africa and the world, but on a larger scale," the company said on its LinkedIn page.

The new operation brings to $8.1 million the total amount raised to date by the startup. Chinese billionaire Jack Ma, founder of Alibaba, and the French VC focused on Africa, Investisseurs & Partenaires (I&P), backed Afrikrea’s latest fundraising.

As a reminder, the Ivorian startup secured $1 million in February 2020 to support its business and improve its working team. According to data published on its website, the platform claims transactions of more than €15 million across 170 countries and more than 2,300 new products added each week.

Chamberline Moko

On the same topic
Togo minister opens talks with private sector to boost growth Businesses cite financing gaps, debt, and energy costs as...
British International Investment and Deutsche Bank launch a $150 million facility to support trade finance across Africa. The program...
Sanlam Maroc and Allianz Maroc approve merger, creating unified insurer Allianz Maroc absorbed; shareholders receive 5 Sanlam shares per 2 Deal...
African startups raised more than $272 million in February 2026, according to Africa: The Big Deal. Funding increased 56% from January, signaling...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...

Report details land compensation for nearly 5,000 households in Uganda’s Tilenga oil project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.