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
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
Efforts to reinforce health systems are gaining pace across Africa, with this week’s developments fo...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...
ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...
Event to promote crafts, innovation and regional cooperation Fair expected to boost market access and partnerships for artisans Côte d’Ivoire has...
World Bank backs $1.02 billion Congo Basin forestry program Initiative targets jobs, sustainable management and emissions reduction Project aims...
Guinea adopts $7.3 billion budget for 2026, up 18.3% Plan targets growth, fiscal discipline and Simandou 2040 program Economy expanding but...
IMF, Rwanda reach staff-level agreement on 38-month ECF program Plan targets macro stability, fiscal management and private sector growth Economy...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...