Tesh Mbaabu: Building Africa’s Retail and Social Commerce Rails

Tesh Mbaabu – Africa Signal Profile
Africa Signal • Leader Profile
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Tesh Mbaabu

Kenyan serial tech entrepreneur behind MarketForce and Chpter. He builds digital rails that modernize informal retail and make social channels real storefronts for African businesses.

Nationality: Kenyan Sectors: B2B retail, Social commerce, Embedded finance Key role: Commerce infrastructure builder Active: 2019 to present Reach: Multi-country Africa footprint

African cities run on millions of small shops that keep neighborhoods alive. For years these retailers worked with fragmented distributors, cash-only transactions, and limited access to credit.

Tesh Mbaabu has focused on one idea. Informal retail does not need to be replaced. It needs better rails. First, reliable supply and finance for kiosks. Then, automated selling and payments inside WhatsApp and Instagram.

Two companies carry that thesis: MarketForce for physical retail distribution, and Chpter for conversational social commerce.

Key Numbers

Most reliable public metrics for MarketForce and Chpter.

200k+
Merchants served
5
Active markets
$40M
Series A (2022)
$42.5M
Total raised
$1.2M
Pre-seed (2024)
Kenya • Nigeria • South Africa
Core markets
+11 countries
Expansion (2025)
Subscription
Revenue model

Sources: MarketForce Series A disclosures (Feb 2022). Chpter pre-seed round (Sep 2024). Flutterwave partnership enabling Chpter across 11 new countries (2025).

The Story

From digitizing kiosks to turning chats into storefronts.

Mbaabu co-founded MarketForce to fix a bottleneck he saw in every African city: small retailers lacked stable supply, reliable pricing, and access to working capital. MarketForce created a merchant app that unifies ordering, delivery, and embedded finance.

In February 2022, the company announced a $40 million Series A to accelerate its expansion. At the time, MarketForce publicly reported 200,000+ merchants across five markets and $42.5 million raised in total.

By 2024, a new opportunity emerged. Customers were migrating from physical storefronts to chat conversations. SMEs needed automated selling tools inside the channels where customers already lived—WhatsApp and Instagram. This led to the creation of Chpter.

Chpter launched first in Kenya and South Africa, and in 2025 expanded into eleven new countries through a partnership with Flutterwave, enabling payments and conversational selling at scale.

His approach is simple: give small merchants the same infrastructure advantages as large retailers—supply, credit, automation, and seamless payments.
2019
MarketForce founded
B2B retail distribution and embedded finance rails.
2022
$40M Series A
Merchant super app scales across five markets.
2024
Chpter launched
$1.2M pre-seed and early traction in social commerce.
2025
Chpter expansion
Partnership with Flutterwave unlocks 11 new African markets.

Ventures

Platforms built or co-built by Tesh Mbaabu.

MarketForce

Co-founder, CEO
2019

B2B commerce and retail distribution platform helping informal shops source inventory, receive delivery, and access stock finance.

200k+ Merchants
5 Markets
$40M Series A
$42.5M Raised total
Retail infrastructure Last-mile distribution Inventory finance

Chpter

Co-founder, CEO
2024

Conversational commerce platform enabling SMEs to automate sales, customer interactions, and payments inside WhatsApp and Instagram.

$1.2M Pre-seed
3 Core markets
+11 New markets (2025)
Subscription Revenue model
AI automation Chat selling Social payments

Contribution to Africa

What changes because these rails exist.

Direct Impact

Digitized informal retail MarketForce gives millions of neighborhood shops structured ordering and reliable supply.
Working capital access Embedded inventory finance allows retailers to grow and stabilize cash flow.
Social channels become shops Chpter automates sales and payments inside chat platforms.
Regional scalability Flutterwave partnership enables 11 new markets for chat-commerce adoption.

Structural Impact

  • Retail data layer: Informal commerce becomes measurable, improving credit scoring and supply planning.
  • Lower distribution cost: Aggregated demand and optimized logistics improve margins for small shops.
  • SME productivity: Automation reduces reliance on manual selling and customer management.
  • AfCFTA-ready rails: Digital ordering and payments make cross-border SME trade easier.

Signal

Tesh Mbaabu is building the underlying infrastructure of African commerce—first on the street, then in the chat window. His platforms help the continent’s smallest merchants operate with the speed, intelligence, and financial tools of large retailers.
Sources:
MarketForce Series A disclosures (Feb 2022); merchant & market footprint statements.
Chpter pre-seed announcements (Sept 2024).
Flutterwave partnership enabling Chpter expansion across 11 African countries (2025).
Data verified November 2025.

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