Moroccan Chari Acquires Ivorian B2B E-commerce Startup Diago
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Description
Chari, a Moroccan B2B e-commerce and fintech startup announced that it has acquired a 100% stake in Diago, an Ivorian app that connects neighbourhood shops to FMCG producers and importers....
show moreThe all-stock transaction was facilitated by AF Legal and RBB International firms, representing Chari, and Houda Law Firm, representing the Ivorian upstart.
Chari’s CEO Ismail Belkhayat says the secret of a successful expansion is to build a local team that masters local market dynamics.
Belkhayat says that the goal is to be the market leader across francophone Africa.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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