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Tag: Dooka

  • Tradeshift partners with Dooka to launch a pan-African B2B marketplace

    Tradeshift partners with Dooka to launch a pan-African B2B marketplace

    Dooka, an African B2B marketplace, has teamed up with Tradeshift, the global network for digital trade, to create the first-ever pan-African digital marketplace for business-to-business trade across the continent. 

    Using the Tradeshift Marketplace Operator solution, the services are offered on Tradeshift’s worldwide B2B commerce platform. Dooka makes institutional purchasing as user-friendly and consumer-centric as shopping at home. Its marketplace is a digital place for businesses that makes it easy for large African companies and local suppliers to connect and do business with each other by getting rid of any barriers in the buying process.

    MTN, the biggest mobile network provider in Africa, has joined Dooka as its first major business customer. This strategic partnership will help MTN reach its goals of giving everyone more access, making digital information clear, and making suppliers more efficient.

    Read also: MTN Deals With B2B Platform “Dooka”

    The firm aim to drive innovation in Africa

    “Dooka is the B2B marketplace of the future because it makes it easy for businesses in Africa to sell and buy things.” Dooka’s CEO, Toby Sparrow, said that the company’s name was inspired by the Swahili term for a store or marketplace. A danger exists that, amid big businesses’ digital transformations, creativity may be sidelined. When the corporate and political leaders of Africa assume that the next generation of commerce in Africa will only be an extension and acceleration of the status quo, the continent will once again fall short.” 

    “Digitalizing anything does not automatically make it superior or correct. Dooka incorporates the convenience of online purchasing for consumers with the digital transformation of businesses. Inspiring good change is a significant reason why we decided to launch Dooka in Africa”.

    Major African organizations can use the Dooka marketplace to get a cutting-edge, all-in-one, and fully digitalized procurement and payables solution for long-tail and indirect spending categories.

    Dooka offers numerous innovative services

    In this marketplace, customers will be able to choose from a wider range of high-quality goods at reasonable prices from a network of trusted sellers from all over the region. It is simple for vendors to list their wares and services for sale on the marketplace’s platform. Buyers and sellers both benefit from a smooth environment for doing business. This is made possible by quick vendor onboarding and a full set of digital tools for everything from finding products to sending invoices. This makes sure that all spending is done in line with corporate and regulatory policies.

    Dooka’s work “lies at the very center of everything we believe in at Tradeshift,” Christian Lanng, CEO of Tradeshift, stated. “Digital ecosystems that encourage healthy, inclusive, and sustainable collaborations between buyers and suppliers are the roots from which the future of global commerce will emerge.” Like how mobile commerce revolutionized consumer trade, business-to-business marketplaces may also revolutionize trade across the African continent.

    About Dooka

    Dooka is an African business marketplace connecting corporate buyers and sellers from across the region and ensuring that every transaction gives the most value to both parties. Its exclusive B2B marketplace service is changing the way that Africa does indirect procurement. The Tradeshift cloud-based business commerce platform supports the firm. It believes that African procurement can be a force for development, a force for change, and a force for growth.

    About Tradeshift

    Tradeshift, a company based in San Francisco, is a cloud-based supply chain platform that helps B2B buyers and sellers connect, do business, and trade in new ways. We provide complete international compliance in 50+ countries, including China, making us a frontrunner in the area of e-invoicing and accounts payable automation.

    The company was also one of the first to develop B2B markets and integrated fintech services. Both are meant to help any company that joins the network be more successful, efficient, and grow. Today, traders from over 190 different nations use Tradeshift’s platform.

  • MTN Deals With B2B Platform “Dooka”

    MTN Deals With B2B Platform “Dooka”

    MTN Group, Africa’s largest mobile network operator, today announces signing a strategic partnership agreement with Dooka, one of Africa’s first business-to-business (B2B) marketplaces, to automate the sourcing process of MTN’s long tail of indirect local spending.

    The partnership promises to change how companies buy things on the continent, making it easier for companies all over Africa to buy things on consumer marketplaces.

    According to a company statement, Dooka will help MTN’s local supplier development efforts by giving local suppliers the chance to sell to other customers on the platform “while providing MTN and other businesses with transparency in pricing and greater efficiencies.”

    Dirk Karl, MTN Group Executive: Global Sourcing and Supply Chain, said, “Our new relationship with Dooka is hugely exciting and brings efficiencies to every level of the supply chain.” It stands to transform the way businesses operate across Africa. It fits with our strategic priority to create shared value, a key component of which is greater localisation.” of

    Dooka’s B2B marketplace opens a world of opportunities for local suppliers, who had previously been locked out of supplying larger businesses due to the challenges of digital connections and high entry barriers. This marketplace enables them to sell more goods and services to MTN and other leading African multinationals.

    Dooka CEO Toby Sparrow described the partnership as a chance to revolutionise the supply chain: “Together with MTN, we can demonstrate that the right tools enable corporations to create jobs and support development and growth through good procurement.” Dooka represents a new way to connect buyers and sellers across every industry. We are levelling the playing field so businesses large and small across Africa can transact as easily as if they were shopping at home and using the latest digital technologies. ”

    Dooka CEO Toby Sparrow described the partnership as a chance to revolutionise the supply chain: “Together with MTN, we can demonstrate that the right tools enable corporations to create jobs and support development and growth through good procurement.” Dooka represents a new way to connect buyers and sellers across every industry. We are levelling the playing field so businesses large and small across Africa can transact as easily as if they were shopping at home and using the latest digital technologies. ”

    The partnership is revenue-sharing, which requires no capex commitment nor licence cost for its use by MTN, Dooka’s anchor client.

    Together with MTN, we can demonstrate that the right tools enable corporations to create jobs and support development and growth through good procurement. “Dooka represents a new way to connect buyers and sellers across every industry,” says Dooka CEO Toby Sparrow.

    Read: MTN Sudan launches real-time data analytics and AI solutions

    This partnership represents a paradigm shift in corporate procurement by bringing the ease of consumer marketplace buying to corporations across Africa. This innovation will lead to equitable access, digital transparency and greater efficiency for MTN’s suppliers.

    According to the announcement, there will also be no service fees for MTN suppliers until at least January 2024.

    Last week, two companies announced the acquisition in B2B payments. FLEETCOR acquires Plugsurfing to facilitate payment for electric vehicle (EV) charging in Europe, while TimePayment buys QuickSpark to combine the two companies’ tools for the vendor finance industry. Plus, Mesh Payments raises $60 million, while CashFlo raises $8.7 million.

    Business payments company FLEETCOR Technologies bought Plugsurfing, an EV software and network provider. Plugsurfing has made a proprietary EV charging network with more than 300,000 charge points, over 80% of all charge points in the region. Its app provides access to comprehensive tariff information, facilitating payment for EV charging.

    TimePayment, a Boston FinTech company that provides sales financing for speciality equipment sellers, has acquired eCommerce-focused financing firm QuickSpark Financial. TimePayment President and CEO Jay Haverty said: “Together we will take the best of both company’s [eCommerce] and internal workflow tools to deliver superior technology and sales automation for the vendor finance industry.”

    About the MTN Group

    Launched in 1994, the MTN Group is a leading emerging market operator with a clear vision to lead the delivery of a bold new digital world to our customers. We are inspired by our belief that everyone deserves the benefits of modern connected life. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code ‘MTN’. Our strategy is Ambition 2025: Leading digital solutions for Africa’s progress.

    About Dooka

    Dooka is a proudly African business built on and supported by the Tradeshift cloud-based business commerce platform. It transforms how B2B buyers and sellers connect, transact and trade across a single, open network. The world’s largest organisations and their suppliers do business on Tradeshift, making it a platform of choice for digital procurement.

    With over 1.5 million user connections to its platform and more than $1 trillion in B2B transactions processed since its inception, Tradeshift is its most dynamic trade network. Dooka has received funding from Nicky and Jonathan Oppenheimer and is part of their commitment to making a real, lasting and permanent contribution to Africa and beyond.