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
Governments plan to raise CFA3,908.5 billion on the BEAC public securities market The total is down from CFA5,272.8 billion mobilized between...
Somalia is shifting from crisis management to policy-led reconstruction under IMF-backed reforms. Fiscal discipline and institutional rebuilding...
DR Congo launches FOREC, activating long-dormant economic regulation fund Fund to monitor markets, stabilise prices, protect household purchasing...
At the start of the year, the regional debt market is operating fully as a price-driven market. Its depth and capacity to absorb large volumes are no...
Most Read
01

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...

Africa’s Artificial Intelligence Moment : Infrastructure, Governance and the Path to Scale
02

African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...

Africa’s Billionaires Post Strong Gains as Global Wealth Hits Record
03

Development Partners International sold its 20.17% stake in Atlantic Business International for mo...

DPI Exits Atlantic Business International in $200 Million-Plus Deal
04

Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...

Flutterwave Adds Open Banking With Mono Acquisition
05

Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...

Africa’s Energy Boom in 2026 Puts AfCFTA at the Heart of Its Trade Response to US Tariffs
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.