OmniRetail shakes up Africa’s B2B e-commerce market with $20M Series A
- OmniRetail raised $20 million in Series A funding to enhance its operations in West Africa.
- The funding round was co-led by Norfund and Timon Capital, marking Norfund's first direct equity investment in an African startup.
- OmniRetail has digitized order management for 145 manufacturers and over 150,000 informal retailers.
Bendada.com - Apr 28, 2025
OmniRetail raises $20M Series A to scale Africa’s informal retail infrastructure
OmniRetail, a Nigerian B2B commerce startup, has raised $20 million in Series A funding to expand it
OmniRetail's innovative approach to integrating technology and finance within the informal retail sector presents a significant opportunity for growth and efficiency in the African market. Their focus on profitability and strategic expansion could serve as a model for other startups in the region, particularly in navigating the challenges of the supply chain and financial inclusion.
