MallforAfrica Celebrates Sale of Platform and IP, Revolutionizing eCommerce in Africa
Lagos, Nigeria - MallforAfrica, the largest eCommerce platform in Africa with access to inventory of over 2 billion items, has successfully exited via a sale of the platform, and patent. After a transformative 11 year journey that changed the way Africans shop for products from top US and UK retailers. MallforAfrica patented technology created a way the banked and unbanked in Africa could easily shop from top US and UK retailers like never before. Jumpstarting eCommerce in Africa
Founded in 2010 by award winning Serial Entrepreneur, Author and Speaker Chris Folayan, MallforAfrica aimed to bridge the gap between African consumers and international retailers by creating a seamless and reliable shopping experience. Over the years, the company established itself as a leader in the African eCommerce space, offering access to billions of products that were previously out of reach for many consumers across the continent.
Through its innovative platform, MallforAfrica partnered with over 250 retailers and enabled shoppers in Africa to purchase products from top retailers such as Amazon, Macy's, and Zara, and have them delivered directly to their doorstep in Africa, without the hassle of high international shipping, or complex payment processes. The patented platform helped to democratize access to products and increase economic opportunities across the continent. MallforAfrica did everything from providing people with access to merchandise to creating jobs by providing products to startup companies and established businesses. MallforAfrica also supplied discount services to schools across Africa promoting education whenever possible.
MallforAfrica's success was driven by a dedicated team of professionals, committed to providing exceptional customer service and building a sustainable business model. The company was able to expand its operations and scale its business with a SaaS platform, reaching new heights of success beyond Africa into over 100 countries.
The company's exit marks a significant milestone in the African eCommerce industry, highlighting the potential for growth and innovation in the sector. It also serves as a testament to the entrepreneurial spirit and resilience of African businesses, and their ability to compete on a global stage. MallforAfrica has been a game-changer in the African eCommerce industry from day one, and we are grateful to our customers for their support. We believe that our success is a testament to the potential of African businesses and the opportunities that exist on the continent.
MallforAfrica's exit is a significant milestone in the African eCommerce industry, and the company's legacy will continue to inspire entrepreneurs and innovators across the continent.