Maxab, the Cairo-based B2B ecommerce platform, has announced the departure of co-founder and Chief Operating Officer Mohamed Ben Halim today. The move comes less than two months after Maxab’s merger with Nairobi-headquartered B2B ecommerce company Wasoko.
“As a co-founder, Mo has been a driving force behind MaxAB’s growth and success since its inception,” a statement by the Egyptian firm noted, acknowledging Mohamed’s role in driving the company’s growth over the past six years, particularly in expanding its operations across Egypt and Morocco.
He also contributed to the development of MaxAB’s Logistics as a Service (LAAS) offering and played a key role in the merger integration with Wasoko.
The merger, finalized eight months after its announcement, has resulted in a combined network of over 450,000 merchants across Kenya, Tanzania, Rwanda, Egypt, and Morocco, with 4,000 employees.
Mohamed founded Maxab with Belal ElMegharbel in 2018. He was previously with Aramex. The statement by Maxab highlights that he’s leaving the firm to ’embark on a new chapter’. But the specific details are not clear at this time.
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