Congratulations to FTC portfolio company Matta, for being recognized by The Africa Report. Matta is a Nigerian startup set up two years ago as a digital marketplace for chemicals and materials has expanded its footprint to three other African countries and is poised for its Series A funding this year. The company, founded by Mudiaga Mowoe, aims to transform the sourcing and supply of chemicals, raw materials, ingredients, and commodities in Africa through technology.
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Five African startups redefining transport, e-commerce and logistics
'One of the most unique models we've seen, fantastic unit economics, and the understated potential for indirect outsized impact in Africa's local industry and production,' says Luzana Costa, a general partner at Norrsken Africa Seed Fund.
