Senegal: Chargel raises $2.5 million to accelerate growth in Francophone Africa

Chargel, a Senegalese logistics start-up that connects truckers and shippers, announced on Thursday, April 20, the success of a $2.5 million funding round. The transaction was led by Logos Ventures with participation from Ventures Platform, Foundation Botnar, DFS Labs and Seedstars. “This year, we are opening the platform to more shippers in Senegal. We are also considering expansion into another French-speaking African country,” said Moustapha Ndoye, one of the founders of the start-up.