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ThankUCash founders. The company has raised $5.3 million to drive its expansion to new markets and launch new products. www.theexchange.africa

African start-ups raise $20, $5.3, $3.2 million seed funding

Africa

Backed up by the capital firm YC, Jabu Technologies has raised $3.2 million in seed funding to invest in its B2B e-commerce and retail operations.
Afore Capital spearheads the seed round with Y Combinator, Quiet Capital, FJ Labs, Pareto Capital, Kli Capital, and angel investors.
The chief executive of JABU, David Akinin, founded the company in 2020 to revamp the poor and almost non-existent distribution network and supply chain in Namibia.…