Category: jumia

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African fintech firm Flutterwave launches SME e-commerce portal

San Francisco and Lagos-based fintech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops to sell online. The product is less Amazon and more eBay —… »

Goldman backed ventures Jumia and Twiga partner on produce in Kenya

Pan-African e-commerce company Jumia and B2B agtech startup Twiga Foods are partnering to deliver produce in Kenya using adaptive measures during COVID-19. In 2019, Jumia became the first VC funded… »

WHO Africa hosts hackathons, offers seed funds to fight COVID-19

The World Health Organization in Africa is holding virtual hackathons and offering up to $20,000 in seed-funds to finalists with digital solutions to stem COVID-19. The regional office of the… »

Africa Roundup: Africa’s tech ecosystem responds to COVID-19

In March, the virus gripping the world — COVID-19 — started to spread in Africa. In short order, actors across the continent’s tech ecosystem began to step up to stem… »

Zindi taps 12,000 African data scientists for solutions to COVID-19

Since its inception, Cape Town based crowdsolving startup Zindi has been building a database of data scientists across Africa. It now has 12,000 registered on its its platform that uses… »

Jumia adapts Pan-African e-commerce network in response to COVID-19

Pan-African e-commerce company Jumia is adapting its digital retail network to curb the spread of COVID-19. The Nigeria headquartered operation — with online goods and services verticals in 11 African… »

Visa partners with Paga on payments and fintech for Africa and abroad

Visa has entered a partnership with Nigeria based startup Paga on payments and technology. Founded in Lagos, Paga scaled its fintech business in West Africa, before targeting expansion in Ethiopia… »

Sokowatch raises $14M to digitize Africa’s informal B2B supply-chain

Kenya based B2B e-commerce startup Sokowatch has raised $14 million in Series A funding toward its mission of revamping supply-chain markets for Africa’s informal retailers. From Nairobi, the company has… »

Jumia, DHL, and Alibaba will face off in African ecommerce 2.0

The business of selling consumer goods and services online is a relatively young endeavor across Africa, but ecommerce is set to boom. Over the last eight years, the sector has… »

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey), and big Chinese startup investment… »

Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian focused payment ventures. That… »

Opera’s Africa fintech startup OPay gains $120M from Chinese investors

Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet company Opera, OPay will use… »

Africa focused Andela cuts 400 staff as it confirms $50M in revenue

Africa focused tech talent accelerator Andela will cut 400 junior engineers across Kenya, Uganda, and Nigeria, CEO Jeremy Johnson told TechCrunch. The layoffs come as the startup released first time… »

DHL expands Africa eShop online retail app to 34 countries

DHL  has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s e-commerce platform to 34 African countries. DHL  href=”https://techcrunch.com/2019/04/11/dhl-launches-africa-eshop-app-for-global-retailers-to-sell-into-africa/”>went live with the… »

Africa Roundup: Jumia files for IPO, OneFi acquires Amplify, FlexClub expands in Mexico

Less than a decade ago IPOs, acquisitions, and global expansion by African startups were more possibility than reality. March saw all three from the continent’s tech scene. Pan-African e-commerce company… »

Dakar Network Angels begins startup investments in francophone Africa

The Dakar Network Angels group launched this month, making its first investment in francophone Africa to cleantech venture Coliba. The Ivorian startup—that uses a mobile app to coordinate waste recycling—will… »

Agencies point finger at state-sponsored hackers from China, Russia, Iran and North Korea Who is targeting vaccine developers? Coronavirus – latest updates See all our coronavirus coverage State-sponsored hackers from… »




Exclusive: NHS could receive first deliveries of Pfizer/BioNTech vaccine as soon as 7 December Coronavirus – latest updates See all our coronavirus coverage Hospitals have been told to prepare for… »