A vendor weighs vegetables at Al-Manhal market in Cairo. MaxAB serves small traditional retailers, which are the backbone of Egypt's grocery industry. Bloomberg
A vendor weighs vegetables at Al-Manhal market in Cairo. MaxAB serves small traditional retailers, which are the backbone of Egypt's grocery industry. Bloomberg

Business

Start-Ups

Egyptian e-commerce start-up MaxAB raises $40m in equity round to fund growth

Cairo-based company will use the funds to expand into Morocco and Saudi Arabia

Deena Kamel
Deena Kamel

October 20, 2022