MaxAB-Wasoko, Africa’s retail e-commerce and supply chain super app, announced, on May 19, the acquisition of Egypt-based B2B marketplace Fatura from EFG Finance, a subsidiary of EFG Holding. As part of the deal, EFG Finance becomes a significant shareholder in MaxAB-Wasoko and gains a seat on the company’s board.

MaxAB-Wasoko’s embedded financial services will extend credit access to its growing merchant base, enabling retailers to restock faster and grow sustainably. The acquisition also enhances operational efficiency, strengthens supplier networks, and positions the company for continued top-line growth over the next 12–18 months.

The move strengthens MaxAB-Wasoko’s ambition to unify the fragmented B2B commerce and fintech landscape across Africa.