How much funding have Retail startups in Africa raised?

Retail startups in Africa have raised $3B in disclosed funding.

Who invests in Retail startups in Africa?

500 Global has backed 7 Retail startups, followed by Google (6) and LoftyInc Capital Management (6).

SectorUpdated daily

Retail startups in Africa

StartupList Africa tracks 300 Retail startups across Africa, which have raised $3B in disclosed funding. Egypt has the most, with 58, followed by Nigeria (48) and South Africa (47).

Companies: 300; in this sector
Avg. Deal Size: $14.4M
Total Funding: $3B

GroupCommerce & Consumer9 sectors

Updated 30 Oct 2026300 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

All Retail startups300

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#	Startup	What they do	Last round	Raised	Team
1	Fiscal HarmonyZimbabwe	ZIMRA fiscalisation software linking accounting systems to Zimbabwe's tax authority, plus a point-of-sale system.	Not disclosed	Not disclosed	2–10
2	DorryTunisia	Online shop in Tunisia selling raw materials, packaging and ingredients for making natural cosmetics at home.	Not disclosed	Not disclosed
3	PicStoreTunisia	Tunisian online photo printing service turning digital and social media photos into prints, wall decor, albums, calendars and puzzles.	Not disclosed	Not disclosed
4	AlgovitaTunisia	Dermo-cosmetic laboratory combining marine algae biotechnology with natural skincare formulation, sold online and in-institute.	Not disclosed	Not disclosed
5	MwingiKenya	Franchise retail network supplying essential products to rural, off-grid communities in Kenya.	Not disclosed	Not disclosed	11–50
6	Jaay CaisseSenegal	Point-of-sale and stock management app for shops and restaurants in Senegal that works offline and accepts Wave and Orange Money.	Not disclosed	Not disclosed	2–10
7	CairoVoltEgypt	Egyptian hardware verification lab and online store for authentic PD and GaN chargers, power banks and audio accessories.	Not disclosed	Not disclosed
8	PershamaEgypt	Pershama is a pharmacy eCommerce and delivery startup which links patients with pharmacies so they can order medicine	Not disclosed	Not disclosed	2–10
9	Showroom.ngNigeria	A former Nigerian marketplace connecting furniture buyers with local makers.	Not disclosed	Not disclosed
10	ShadooEgypt	Mystery shopping app in Egypt that pays users to complete anonymous missions at shops, cafés and restaurants.	Not disclosed	Not disclosed	2–10
11	ARKNigeria	Inventory and operations platform for growing businesses, with real-time stock visibility, procurement and fulfilment tracking.	Not disclosed	Not disclosed
12	Get AllCameroon	Douala app for ordering, collecting or delivering groceries and everyday goods, with cash-back bonuses for users	Not disclosed	Not disclosed	2–10
13	Smart EFDTanzania	Mobile app that lets Tanzanian businesses issue TRA-compliant fiscal receipts from a smartphone or computer.	Not disclosed	Not disclosed	11–50
14	SwieqTunisia	Social-selling app that helps retailers run SMS and social media promotional campaigns to move stock and engage customers.	Not disclosed	Not disclosed	11–50
15	Cadeau EgyptEgypt	Online gift marketplace in Egypt selling boxes, flowers, perfumes, accessories and handmade items from many vendors.	Not disclosed	Not disclosed
16	StockPro DesktopCameroon	Desktop stock, inventory and invoicing software for small businesses, running fully offline with no subscription.	Not disclosed	Not disclosed
17	KALYSTunisia	Online store for handmade Tunisian decor, tableware and corporate gifts with Mediterranean design, for companies and individuals.	Not disclosed	Not disclosed
18	SumsPOSKenya	Point of sale and business management software for shops, handling sales, stock, staff and payments	Not disclosed	Not disclosed
19	HevaraKenya	Retail-IQ connects to retailers' POS systems to spot customers drifting away and help recover lost revenue.	Not disclosed	Not disclosed	2–10
20	MilkDiamondEgypt	MilkDiamond is an Egyptian startup which provide solutions to improve dairy farm productivity and profitability.	Not disclosed	Not disclosed	11–50

SLA Startup Index · raised is disclosed funding

Showing 1–20 of 300

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Frequently asked about Retail in Africa

How many Retail startups are there in Africa?: StartupList Africa tracks 300 Retail startups across Africa.
How much funding have Retail startups in Africa raised?: Retail startups in Africa have raised $3B in disclosed funding.
Which African countries have the most Retail startups?: Egypt has the most, with 58, followed by Nigeria (48) and South Africa (47).
Who invests in Retail startups in Africa?: 500 Global has backed 7 Retail startups, followed by Google (6) and LoftyInc Capital Management (6).

Cite this page

StartupList Africa, “Retail startups in Africa”, updated 30 Oct 2026.

startuplist.africa/industries/retail