Browsing Tag
E-commerce
31 posts
Kenyan e-commerce Copia Global raises $20m funding, appoints former Metaswitch CEO to board
Kenya-based e-commerce and fintech hub Copia Global has enlisted John Lazar, the former CEO of Microsoft subsidiary Metaswitch,…
E-commerce still accounts for the largest chunk of global digital economy despite challenges
Several dramatic events shook the world in 2022. The Russia-Ukraine war, inflation, supply chain shocks, and others pointed…
Abeg changes name to PocketApp, gets AIP to operate as mobile money operator
PocketApp received an AIP from the CBN for a license application to operate as a Mobile Money company
Will Amazon’s planned expansion affect Jumia, Konga’s market share in Nigeria?
Expected expansion to provide competition to major market players like Konga and Jumia
Kenyan e-commerce platform Sokowatch raises $125m, rebrands as Wasoko
Sokowatch plans to use the $125 million to help fund an ongoing expansion in the cities of Abidjan in Ivory Coast and Senegal’s Dakar.
Nigerian e-commerce startup, Bumpa closes $200k pre-seed round to improve support for merchants
A Nigerian e-commerce startup, Bumpa has raised $200,000 in a pre-seed funding round. This was according to an…
Uber Eats risks mandatory price slash in South Africa as probe into its market dominance begins
South Africa’s Competition Commission is set to commence its market inquiry into the operations of dominant e-commerce platforms…
Nigerians Spent Up to $1.82bn on Wears in 2020 as Fashion Overtakes Travel in e-Commerce Earnings
Nigerians spent as much as $1.82 billion purchasing fashion items online in 2020. According to a PayU report,…
Kenya’s Powered by People Raises $1.5m Seed Capital to Scale its e-Commerce Solution
Kenyan e-commerce startup, Powered by People (PBP) has secured $1.5 million seed funding to expand its team and…
The Partnership Between GIGL and Visa Will Empower Merchants to Achieve Seamless Delivery at a Low Cost
E-commerce sales in Nigeria have increased several-fold since the pandemic as thousands of consumers have taken to doing…