Tag: E-commerce
BoxCommerce transforms East Africa’s E-Commerce
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In a world that is rapidly going digital, e-commerce has emerged as a major player in Africa’s economic…
Tunisian B2B e-commerce startup Kamioun set to become the leading platform for corner shops
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The goal of the Tunisian B2B e-commerce startup Kamioun is to become the dominant mobile platform for corner…
E-commerce startup Sabi tops $300M valuation in new funding
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Sabi, a Lagos-based B2B e-commerce startup that provides digital commerce infrastructure to Africa’s informal economy, has raised $38…
Shopify sells logistics business to Flexport, cuts jobs again
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A global e-commerce company called Shopify will lay off 20% of its employees, which is more than 2,000…
E-commerce giants, Naspers, Prosus to lay off staffs
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The e-commerce giant Naspers, which has its headquarters in South Africa, and the European subsidiary of its parent…
Taelo, Nigeria’s E-commerce raises funding for expansion
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Aruwa Capital, a Nigerian early-stage growth equity and gender-lens fund, has given Taeillo $2.5 million in “expansion” capital…
African Ecommerce Giant, Jumia, To Reduce Staff And Product Offerings
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Jumia, an African e-commerce company, reported $50.5 million in sales for the third quarter of this year, although…
Jeremy Hodara And Sacha Poignonnec Resign as Co-CEOs of Jumia
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Jeremy Hodara and Sacha Poignonnec, the co-founders of Jumia, have resigned from their roles as co-CEOs of the…
Egypt’s Kenzz e-commerce platform Obtains $3.5 million in Funding
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An Egyptian mass e-commerce firm known as Kenzz completed a seed round of funding totalling $3.5 million. The…
Kenyan e-commerce startup Sky.Garden faces closure
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Sky.Garden, an online shopping platform and marketplace, is set to close due to its inability to raise funds.…
