TradeDepot, the B2B e-commerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of buy-now-pay-later services to 5 million SME retailers and drive further expansion of its merchant platform across the continent.

The series B equity round was led by the International Finance Corporation (IFC), with participation from Novastar, Sahel Capital, CDC Group, Endeavor Catalyst and existing investors, Partech and MSA Ca...