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Procurement Startups in Africa

Procurement in Southern Africa is evolving rapidly. Platforms like DrugStoc and Fraxion gain traction, enabling cost optimization and supply chain efficiency. However, the market is fragmented, and local business leaders emphasize the need for standardization and interoperability.

Total Sectors
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Market Map

7 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Fabconnect
Fabconnect
Egypt

Fabconnect: Streamlining industrial fabrication through intelligent B2B supply chains.

-
Seed
-
11-50
No Data
Odyssey Energy Solutions
Odyssey Energy Solutions
Nigeria

Odyssey Energy Solutions streamlines financing and deployment of distributed renewable energy.

$39M
Debt Financing
-
51-200
No Data
DrugStoc
DrugStoc
Nigeria

DrugStoc is a Nigerian Pharmaceuticals startup that offers secure and interactive procurement services

$5M
Non-equity Assistance
-
51-200
No Data
Fraxion
Fraxion
South Africa

Fraxion develops spend management software for mid-market companies to control and manage various spending activities.

$1M
Funding Round
-
11-50
No Data
Scale
Scale
Kenya

Scale enables organizations to transition their procurement from manual, and labour intensive activities to a streamlined and fully-digitized process.

$420K
Pre-seed
-
2-10
No Data
Xetova
Xetova
Kenya

Xetova is a Kenyan startup which provides technology solutions to the procurement ecosystem.

$50K
Non-equity Assistance
-
11-50
No Data

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