Egypt’s Mylerz raises $9.6M for its e-commerce fulfillment service, eyes Africa-wide growth

Egypt’s Mylerz raises $9.6M for its e-commerce fulfillment service, eyes Africa-wide growth

2 years ago
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https://techcrunch.com/2022/05/10/egypts-mylerz-raises-9-6m-for-its-e-commerce-fulfillment-service-eyes-africa-wide-growth/

Mylerz, a Cairo-based e-commerce fulfillment startup, plans to enter three new markets in North Africa and expand across Egypt over the next three months against the backdrop of the $9.6 million funding it has just secured.

The startup also has its eyes on the growing e-commerce market in East Africa, with the long-term goal of growing into a pan-African shipping logistics provider – by tapping the e-commerce market in Africa, which has experienced 18% annual growth since 2014.