Tag Archives: stockouts

Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings, and a lack of attractiveness to financiers. These challenges befall millions of micro-retailers across the continent, and Betastore, a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal. The Betastore marketplace enables informal traders to source fast… Source link

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