African B2B e-commerce startup Sabi tops $300M valuation in new funding

Variety
19-05-2023 | 07:10
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
African B2B e-commerce startup Sabi tops $300M valuation in new funding
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
African B2B e-commerce startup Sabi tops $300M valuation in new funding

Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at a valuation of $300 million, according to two people familiar with the matter, signaling revived investor interest in a B2B e-commerce market going through some reckoning.

Frankfurt-based specialist fintech investor CommerzVentures, Stockholm-based but Africa-focused growth-stage investor Norrsken22, US-based growth-stage funds Fluent Ventures and Proof VC and pan-African early-stage investors CRE Ventures and Jaango are some of the investors in this round, the people said.  

TechCrunch

African

B2B

e-commerce

Startup

Sabi

Valuation

New

Funding

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
Lebanon News
2026-04-05

Israeli airstrike hits Ghobeiry in Beirut’s southern suburbs following evacuation warning

LBCI
News Bulletin Reports
13:03

War in the South: Lebanon caught between competing ceasefire visions

LBCI
Middle East News
2026-03-11

Drones fall near Dubai airport, injuring four: Government

LBCI
World News
2026-05-29

EU to unlock 16 bn euros for Hungary as Magyar presses reforms

Videos
d-none hideMe
LBCI
Lebanon News
04:43

Rene Mouawad Airport in Qlayaat opening ceremony held in presence of Lebanese officials—Video

LBCI
Lebanon News
2026-05-31

Israeli army releases footage of first tank crossing Litani River toward Beaufort Castle

LBCI
World News
2026-03-25

Iran uses cluster bombs to target Israel: AiTelly explains what happens when a missile is intercepted—Video

LBCI
Lebanon News
2026-03-08

At least 19 killed after strike destroys three-story building in Sir el-Gharbiyeh: Video

LBCI
Lebanon News
2026-03-06

Israeli airstrike targets Beirut’s southern suburbs: Video

LBCI
Lebanon News
2026-03-05

Intense consecutive airstrikes hit Beirut’s southern suburbs: Video

LBCI
Lebanon News
2026-03-05

Israeli army launches evening airstrikes on Beirut’s southern suburbs after evacuation warning

LBCI
Lebanon News
2026-03-02

Smoke rises over Beirut’s southern suburbs as Israel targets area: Video

LBCI
Lebanon News
2026-02-16

German President Steinmeier meets Lebanon's President Aoun at Baabda Palace—Video

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
Lebanon News
04:43

Rene Mouawad Airport in Qlayaat opening ceremony held in presence of Lebanese officials—Video

LBCI
Lebanon News
03:05

Lebanese Army says several soldiers killed in Israeli strike on Khardali-Nabatieh road

LBCI
Lebanon News
08:29

US ambassador says Lebanon is deciding its future independently, comments on Washington talks and airport project

LBCI
News Bulletin Reports
12:51

Rene Mouawad Airport: From wartime base to future aviation hub

LBCI
Lebanon News
08:49

PM Salam condemns Israeli strike on Lebanese Army, calls it “deliberate crime”

LBCI
Lebanon News
08:33

Speaker Berri says Israeli strike in Khardali was “not a mistake,” offers condolences to Lebanese Army

LBCI
Lebanon News
08:37

Official source to LBCI: Lebanese Army Commander’s Pakistan visit pre-planned, focuses on military cooperation

LBCI
Lebanon News
11:33

Lebanese Army chief leaves for Pakistan on official visit at invitation of counterpart

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More