Stories By Vallency Otieno
Africa's Latest
Jumia 1st Quarter 2020 Results: Gross Profit Increases, Operating Loss Goes Down
May 15, 2020Pan-African E-commerce Company, Jumia has reported a Gross profit after Fulfillment expense reaching a record €2.5...
Funding
Egyptian Social Commerce Startup Brimore Banks US$3.5M From Algebra Ventures
May 12, 2020Egyptian social commerce platform Brimore has secured US$3.5 million in a Pre-Series A round led by Algebra Ventures....
E-commerce
MasterCard, DPO Group Launch Free E-Commerce Platform for SMEs in Africa
May 10, 2020African digital payments company DPO Group has partnered with MasterCard to launch a free-of-charge E-Commerce platform...
Funding
Nigerian Fintech Startup Okra Secures US$1M Pre-Seed Funding
April 27, 2020Nigerian Fintech platform Okra has secured a US$1 million pre-seed fundraise from TLcom Capital, strengthening its...
Africa's Latest
Kenya’s Kwara Offers 3-Month Free Digital Banking Software for SACCOs at Risk of COVID-19 Disruption
April 7, 2020Digital banking platform Kwara has launched its Kwara Pronto digital banking platform which will be offered free...
Africa's Latest
Jumia Parent Company Rocket Internet Sells Remaining Stake in the E-Commerce Firm
April 3, 2020Rocket Internet, the German tech investor behind Jumia, Africa’s largest E-Commerce platform has sold its remaining...
Give It A Shot
Villgro Kenya Opens US$50,000 Call for Health Innovations in Response to COVID-19
April 2, 2020Villgro Kenya is looking for frontline solutions and innovations that can help carry societies through this...
Funding Report Briefs 2020
FinTech Leads as African Startups & Tech Companies Raise US$260.6M in Q1 of 2020
March 31, 2020African startups and tech companies raised more than US$260.6 million over 57 disclosed deals in the...
Funding
Cote D’Ivoire Waste-Management Startup Coliba Raises Funding From GreenTec Capital
March 27, 2020Coliba, a Cote D’Ivoire based waste management startup has raised funding from GreenTec Capital. Over 5...
Women Entrepreneur/Leader
One on One With Kagure Wamunyu, the 31-Year Old Executive Shaping the Logistics Sector in Africa
March 8, 2020Kagure Wamunyu is the Chief Strategy Officer at Kobo360, a Nigerian founded tech-enabled digital logistics platform...
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