Summary:

- Wasoko, a Kenya-based B2B e-commerce platform, and Maxab, an Egypt-based B2B e-commerce platform, have announced an all-stock merger deal.
- The combined entity has raised over $240 million in funding, making it one of the largest B2B e-commerce platforms in Africa.
- The merger aims to strengthen the companies' positions in their respective markets and expand their reach across the African continent.