Sokowatch closes $125 Million Series B, Rebrands to "Wasoko"

Recently, there have been reports claiming that Wasoko was exiting (or planning to exit) the Kenyan market. This came after the company opened an innovation hub in Zanzibar. Well, in a statement, the company has clarified that it remains headquartered in Kenya, with offices in Kilimani, Nairobi.

Here’s the full statement

We are aware of growing reports which claim that Wasoko, Africa’s largest B2B e-commerce network has relocated to Zanzibar and has failed in Kenya. These reports are false and misleading. Wasoko continues to be headquartered in Kenya, and recently launched our new HQ offices at Senteu Plaza, Kilimani.  

The Innovation Hub in Zanzibar launched in August is focused on building world-class solutions to support our operations across Africa. The team at the Hub comprises engineers, product managers, UX designers and researchers whilst Kenya remains very much about local and companywide operations.

Our operations in Kenya continue to be the largest with 936 employees across 12 branches, supporting a local customer base of over 48,000. Wasoko launched in Kenya in 2016 and our position here has been instrumental to the company’s success, evolution and ability to scale operations across Africa, with operations in Tanzania, Rwanda, Uganda, Côte d’Ivoire and Senegal.

Wasoko remains committed to helping communities across Africa get more for less!

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