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#marketplace

Cartona, a business-to-business platform leading efforts to digitize Egypt's trade market, announced on Tuesday that it had successfully raised $USD 4.5 million in a Pre-Series A fund-raise. The fund-raise was led by Global Ventures, a Dubai-based international venture capital firm, and saw participation from Kepple Africa Ventures, T5 Ventures and a group of angel investors. The funding will be used by Cartona to invest in technology, launch new products and expand beyond its current presence in Greater Cairo, Alexandria and…