Tunisian startup secures major funding for second-hand fashion
This round was led by Janngo Capital, the largest gender-focused African tech venture capital fund, recently backed by the Tunisian Fund of Funds ANAVA, alongside strategic investors such as U.S.-based funds Renew Capital and Village Capital.
Several committed business angels also participated, including Karim Beguir, co-founder of InstaDeep, one of Tunisia's most iconic startups.
In Tunisia, the clothing sector contributes approximately 20% of GDP, with 80% of jobs in the industry held by women. 'Dabchy is a true pioneer in the sustainable transformation of the clothing sector, accelerating its growth while improving economic, social, and environmental impact,' said Fatoumata Bâ, Founder and Executive Chairwoman of Janngo Capital. '
'We are proud to lead this round of funding to help Dabchy strengthen its position as a leader in Tunisia's circular economy and expand into Egypt and beyond.'
This funding will significantly enhance its offerings. The company has expanded its catalog by launching highly anticipated new categories, such as Dabchy Men, a dedicated section for men, as well as Home, Sports, Books, and Games.
'This funding will help us accelerate our growth, enhance user experience, and solidify our presence in North Africa and the Middle East. Our mission is clear: to revolutionize circular e-commerce by integrating sustainability with strong financial performance,'said Ameni Mansouri, CEO and co-founder of Dabchy.
The startup's rapid growth in Tunisia confirms strong market demand and its ability to effectively scale its marketing, logistics, and technological operations. Its circular economy-based model appeals to both traditional investors and those focused on impact.
With this funding round, Dabchy reaffirms its ambition to become the reference for circular e-commerce in the region, inspired by successful models such as Vinted, by offering a responsible and accessible alternative to consumers looking to reduce their environmental impact.
Co-founded in 2016 by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub, Dabchy is a marketplace dedicated to buying and selling second-hand fashion, home goods, sports items, games, books, and more. It acts as a trusted intermediary between buyers and sellers, offering a simplified buying and selling experience through an integrated delivery and payment system.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
African Manager
a day ago
- African Manager
Organic exports: Olive oil and dates top the list
Tunisia exported 39,745 tons of organic agricultural products between January 1 and June 30, 2025, generating revenue of 489.03 million dinars, according to the National Agricultural Observatory (ONAGRI). Organic olive oil and organic dates largely dominated the export sector, accounting for 86.8% and 22.7% of the total volume, respectively. Organic olive oil alone accounted for 45,000 tons, valued at 620.8 million dinars, representing 20% of the volume and 20.2% of the total value of the country's olive oil exports. Italy became the top importer, absorbing 52.7% of organic olive oil exports, followed by the United States and Spain. Organic dates also recorded strong performance during the first nine months of the 2024/2025 season, with exports reaching 6,686.5 tons and generating 59.5 million dinars at an average price of 8.90 dinars per kilogram. These figures represent 5.5% of Tunisia's total date export volume and 7.7% of the value. Germany was the top destination for Tunisian organic dates, importing 30% of the total volume, closely followed by the Netherlands and Belgium at 22% each. The sustained demand from European markets highlights Tunisia's growing reputation as a reliable supplier of high-quality organic products. A Bright Future for Organics! Tunisia is examining the potential of organic agriculture as part of a groundbreaking study, the results of which were unveiled during a presentation to key national partners working in this sector, which is emerging as a strategic hub for the country's sustainable economic development. At least, this is the assessment of the United Nations Food and Agriculture Organization (FAO). According to the FAO, the top priority is to develop and strengthen the organic agriculture sector by adopting a territorial approach that selects, based on bioclimatic zones, reference organic production systems as well as the most suitable farms to transition to this sustainable and integrated production model. The goal is to define a reference model for organic agriculture tailored to each bioclimatic zone, especially since Tunisia has resilient organic production systems. It is worth noting that 750 surveys were conducted across Tunisia, clearly distinguishing statistics related to conventional farming systems from those linked to organic agriculture. This mapping provided unprecedented statistics on geographical distributions, structures, involved professional organizations, and selected production types. Currently, Tunisia's organic agriculture sector includes nearly 7,200 stakeholders, including farmers, processors, traders, and others, of whom 6,669 are producers. These stakeholders are actively seeking support and guidance to enhance their competitiveness and comply with the ever-evolving requirements of the international market, which is subject to dynamic organic regulations.
African Manager
a day ago
- African Manager
Tunisia: Deficit with AfCFTA down 35.2%, surplus with COMESA up 13.7%
The trade deficit with the African Continental Free Trade Area (AfCFTA) decreased by 35.2% during the first half of 2025, to stand at 599.1 million, compared to 925 million dinars during the same period in 2024, according to data published on Wednesday by the Ministry of Trade and Export Development. Indeed, Tunisian exports to AfCFTA countries picked up 20.5% during the first six months of 2025, while imports went down by 6.9% during the same period. By country, the trade surplus increased by 481.4% to 83.5 million dinars with Nigeria, by 148.9% to 13.2 MD with Angola, and by 86.4% to 2593 MD with Morocco. The trade deficit with Egypt and Algeria decreased by 8% and 3.5%, respectively. Regarding trade with the Common Market for Eastern and Southern Africa (COMESA), the surplus in the trade balance posted a rise of 16.5%, reaching 556.4 MD. Exports increased by 13.7% during the first half of 2025, reaching 1,370 million dinars. As for imports, they rose by 11.9%, reaching 813.7 million dinars at the end of June 2025.
African Manager
2 days ago
- African Manager
BCT Governor advocates for launching 'Diaspora Bonds'
Governor of the Central Bank of Tunisia (BCT), Fethi Zouhair Nouri, stated that a significant untapped potential lies within the Tunisian diaspora, which remains one of the most decisive and virtuous economic actors, despite recorded progress. Speaking at the second edition of the Tunisia Global Forum (TGF), organized on Tuesday by the Association of Tunisians from Grandes Écoles (ATUGE), Nouri noted that the diaspora represents a human capital that should be transformed into a financial asset to fund sustainable development. He emphasized the need to reorient strategy toward effectively integrating the diaspora into the national development process. He advocated for including the diaspora in economic policymaking by supporting existing associative networks and professional organizations, as well as improving access to transparent and centralized information. The BCT Governor stressed the necessity of offering innovative investment tools tailored to the diaspora's needs and expectations, drawing on international best practices. In this context, he mentioned the introduction of diaspora bonds, the funds from which would finance local businesses and infrastructure projects. He also cited, as an example, the launch of new savings products specifically designed for the diaspora. Nouri added that the BCT is committed to modernizing its services and improving communication, announcing the upcoming launch of a digital platform called 'EXOP' to enable online submission, processing, and tracking of requests addressed to the Central Bank. He further noted that a new version of the **foreign currency investment platform for non-residents in Tunisia, hosted on the BCT's website ( will soon be operational. 30% of foreign currency comes from expatriates The BCT Governor also recalled that the diaspora, comprising around 1.8 million citizens, primarily residing in Europe and Gulf countries, remains one of the main sources of foreign currency for Tunisia's economy. He added that, by the end of 2024, remittances from Tunisians abroad accounted for 30% of the BCT's foreign exchange reserves, equivalent to about 6.5% of GDP. These flows even have a stabilizing effect at the macroeconomic level, he noted. The Tunisian expatriate community also contributes to boosting domestic consumption, supporting economic growth, directly contributing 2% of state tax revenues and strengthening the local economy through investments, particularly in real estate. Challenges facing the Diaspora For his part, ATUGE President Amine Aloulou highlighted the obstacles the Tunisian diaspora faces in terms of investment, stressing their disconnection from the country. He affirmed that the forum and regional tours would help develop local networks and engage economic and administrative stakeholders. He added that the business environment, administrative and banking services, and air transport are key areas needing improvement to attract investors and foster the country's economic openness.
