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Senegalese tech-enabled logistics company PAPS raises $4.5 million

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Logistics Update Africa News
Senegalese tech-enabled logistics company PAPS raises $4.5 million

PAPS, a Senegal-based logistics and delivery company, announced that it has raised a $4.5 million pre-Series A round to expand its tech-enabled logistics solution across the Francophone region.

The round was co-led by pan-African venture capital firm 4DX Ventures and regional telecom operator Orange. Participating investors include existing funds Uma Ventures and Saviu Ventures and new investors Yamaha Motor, LoftyInc Capital, Proparco, To.org, Kepple Ventures and Enza Capital.

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