EKASINOMICS: Township e-commerce startup Yebo Fresh secures R78m For Expension
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Lerato Ramollo, Commercial Director at Yebo Fresh talks about South African township-focused food and grocery delivery service Yebo Fresh has secured R78m with a pre-series A equity investment and a Jobs Fund grant. The funding will allow the company - which started in Hout Bay's Imizamo Yethu three years ago and now delivers to more than 25 townships in the greater Cape Town and Johannesburg areas - to expand its service further.