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Classifieds

OLX appoints Dina Gobran as General Manager of Egypt

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OLX Egypt has appointed Dina Gobran as the new General Manager taking over from Momtaz Moussa, who has been appointed to an international leadership position at OLX Global.The firm says Gobran’s appointment is an essential step for achieving OLX’s 2018 growth plans as Egypt is one of the biggest markets in the Middle East and North Africa region. With a vision of beating international standards and best practices, this appointment will enable OLX Egypt to improve the user experience for Egyptians while ensuring local market relevance and expertise.

Dina joined OLX Egypt in 2016 as the Head of Strategy. During her previous role, she worked closely with Moussa to achieve OLX’s footprint in the Egyptian market. Her appointment comes as part of the company’s global strategy to hire and promote from within, investing in its own talents to assume leadership positions.Dina Gobran holds an MBA from INSEAD University in France. She has over ten years of experience in marketing and business strategy consulting, with an enriching experience as a management and strategy consultant in McKinsey & Company in UAE. Gobran also worked in the Contracts and Claims management department at Orascom Construction Industries. In addition to her rounded international experience, Dina has been successful in developing various start-up and emerging businesses.

Dina says “Under the leadership of Momtaz Moussa and with the support of the great talents of OLX’s team in Egypt, OLX Egypt has managed to achieve great strides of success. We aspire to magnify this success by promoting consumer-to-consumer trade within Egypt”

In the first half of 2017, over 5 Million Egyptians used OLX Egypt monthly, with an average of 33 million visits recorded in the real estate section alone. 32% of the total listings on OLX were in the property section. In October 2017, OLX Arabia app was ranked as the Number One shopping app in Egypt, among the top ten most used applications on both App Store and Google Play in Egypt.

Gobran concluded, “We will continue in advancing an easy-to-use and trustworthy platform that enables buyers and sellers to close successful deals, providing a user-friendly experience that combines OLX’s global best practices with local market expertise.”

Internship search platform Placements.ng launches to connect qualified interns to reputable employers

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Placements Nigeria is a new internship search platform that has launched to connect qualified interns with reputable employers to work with in Africa..

Founded by My name is Ayobami Oyaleke, the platform has served over 27,000 interns in Nigeria, over 2000 employers and says it has a successful conversion of over 5000 interns and counting.

“As an Impact venture, we measure success by the number of quality internship opportunities we are able to expose the African youths to and the numbers of valuable connections we are able to make between the interns and the employers,” said Oyaleke.

The  24-year-old entrepreneur aims to help the youth at job hunting and help solve unemployment in his country and eventually across Africa where more that 40 percent of the unemployment are youth and youths make up to 60 percent of the total population.

The graduate of Federal University of Technology Akure (FUTA) says Placements, as a tech platform helps connect the students and graduates and other job seekers to employers in the country, either for internships or full-time internships.

He is working with brands such as Google, media firms and banks among others to help students secure internships and jobs secure graduates. Placements earns its money from service fees it charges its employers for its premium filtering services on a B2B model.

At the moment, Placements is looking for student ambassadors on various campuses to work with.

Pacements is not the only platform though as Nigeria’s Jobyina has been doing the same thing for sometime now in Nigeria. Jobyina.com calls itself an internship site for students, school leavers and job seekers based in Nigeria. The site works with other corporate firms to identify young job seekers to help them learn and get experience away from their school environment.

BuyRentKenya launches website builder to help clients build micro-sites for free quickly

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BuyRentKenya, an online property website run by Ringier One Africa Media has launched a new platform to simplify the buying, leasing and selling of property in the country.

The firm’s revamped site comes with a free CRM (customer relationship management) tool for the property sellers and agents, which enables them to easily manage interaction with their current and potential customers, and a free website builder to help advertisers create an extended landing page where they can showcase their property in a customized way, sharing more details of the property like larger images, with the help of the improved user experience design.

According to Lizzie Costabir, CEO of  BuyRentKenya, “The new website also offers expert advice on real estate investment, updated blog posts on Real Estate news, Decor & Lifestyle, Dream Homes, Agent advice, neighborhood and a lot more. The new website has a clean uncluttered design, improved functionality and enhanced rich content focused on the user’s property needs.”

BuyRentKenya’s launch is somewhat timely as local property sites were all the same and had no competitive edge over their competition. They had the same features and were charging nearly for the same services. However, it won’t be long before Jumia House launches a similar feature.

There are no current plans to expand BuyRentKenya to other countries after the site was acquired by Ringier One Africa Media (ROAM) from its owner. However, ROAM is promising to grow the site in both inventory and reach as well as increase customer trust in online real estate deals.

 

 

Nigeria’s ToLet.com.ng rebrands to PropertyPro.ng after Jumia House deal

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ToLet.com.ng, Nigeria’s online property classifieds portal is rebrabding to PropertyPro.ng after its parent firm Frontier Digital Ventures, acquired competitor Jumia House Nigeria, for an undisclosed sum.

ToLet.com.ng which had raised $1.2m in cash from FDV will now merge the two platforms over the coming months to create the country’s Number 1 property listings market leader in the online Property classifieds space.

Founded in 2013 by Fikayo Ogundipe, Sulaiman Balogun, Dapo Eludire and Seyi Ayeni, ToLet.com.ng as an online estate agency, but pivoted in January 2017 to become a property classifieds platform, ToLet has since grown from 150 to 10,000 agents.

According to Fikayo Ogundipe, CEO and Co Founder of ToLet.com.ng, “The acquisition of Jumia House Nigeria has placed us in prime position to better serve the growing real estate market in the country. Our combined businesses, ToLet.com.ng and Jumia House Nigeria, have the scale and the resources to transform the online property sector for the benefit of property developers, real estate agents and property seekers alike.”

ToLet.com.ng currently has around 60,000 listings on its platform, whilst Jumia House Nigeria has around 22,000, the vast majority of which are property listings for sale. In 2016, the company secured Series A investment of $1.2m, led by Frontier Digital Ventures [FDV], to expand its operations. Today’s announcement also sees FDV strengthening its portfolio in Angola and Ghana.

It has also recorded 15% m-o-m growth across all key metrics, including number of listings, traffic and subscribing agents and the 60-strong team now works with thousands of businesses across all 36 States in Nigeria to empower real estate agents with technology back-end tools that are helping to grow their businesses, manage leads and close deals.

Sulaiman Balogun, Co-Founder and Chief Business Officer adds, “Today’s announcement signifies a maturing in the online property classifieds market for Africa. We are now working with an entire generation who are now accustomed to heading online as a first port of call for rental or purchase of properties . We are on a steep growth trajectory, and are now in the very best position, with this acquisition, to deliver a world class property search service.”

The team says it wants PropertyPro.ng to be the first website Nigerians think of when they are looking to research, buy or rent a property, On the other hand, Agents on the platform will now be to reach more potential buyers, investors and tenants than any other portal in the country.

”We want our agents to leave the marketing to us, so that they can focus on closing more sales. Delivery of exceptional service, quality leads and marketing solutions that help drive sales for Agents remains a top priority,” he added.

Classifieds site Tonaton.com Ghana goes into recruitment in renewed focus

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Ghana’s general classifieds site Tonaton has entered into the country’s recruitment sector in a renewed focus to help recruiters find talent as well as up its revenues in the dynamic classifieds sector.

Ghana’s Tonaton.com which is run by Saltside Technologies means “buy and sell” in  Ghana’s Twi, and the jobs push is likely not a shift from its horizontal marketplace model but a heightened focus to take advantage of the country’s recruitment sector largely dominated by Ringier’s Jobberman.

Tonaton.com launched its new jobs portal at the recent HR Focus Conference and Awards.

“Twenty years ago, the resume was a piece of paper,” said Mabel Adu, CEO of Beauty and Health services provider, Aloette Africa.

“Now, it’s a collection of all [candidate] data that can be found online. This helps employers to assess whether a person will fit the role specified for the job,” adds Mabel Adu, whose company recruits through the Tonaton jobs portal.

The new Tonaton.com Jobs portal which was introduced to participants at the Conference has an improved user experience and comes with an updated interface enriched with tools and resources which will delight both Employers and job seekers.

The new portal, Tonaton.com/Jobs has a summary view with details on total and shortlisted applicants, and provides employers with the option to view ‘All, Active, and Expired’ jobs. It also has an updated design for improved display of important dates.

Employers can now shortlist and reject profiles to move them to the respective bucks to make progress on hiring for a position. The buckets for Inbox and Shortlist show the count of candidates in each of them.

Users can now bulk shortlist and reject profiles to become more productive. With enhanced Filter and Search features, productivity of the employer dashboard has been optimized.

Tonaton.com has also introduced a new concept of candidate profile. There are going to be hundreds of thousands of candidate profile in no time, as every applicant who applies for a job on our platform – will have a candidate profile.

These profiles are not seen by users as these are obviously private to the individual candidate. Only when a user applies for a job on our platform, is the profile is sent to the employer.

“HR is constantly ensuring we add value to the bottom line. This can be easily achieved if employers and recruiters adapt and move to modern recruiting technology faster,” says Janet Asomaning HR Manager at Tonaton.com. “Employers should invest in their hiring process to find rightly skilled people easily.”

“Which is why these new tools we have deployed on Tonaton.com/Jobs will allow recruiters and hiring managers to easily and affordably find, evaluate and organize top job candidates, while innovative assessment and filtering techniques will help provide a 360-degree holistic view of top applicants,” adds Janet Asomaning.

Tonaton believes it will succeed in the recruitment sector because of its dominance in the online classifieds space in Ghana with 35,000,000 visits month-on-month.

 

 Frontier Digital Ventures-backed meQasa.com acquires Jumia House Ghana for an undisclosed amount

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meQasa.com, an online real estate portal has acquired Jumia House Ghana, for an undisclosed amount, firmly establishing the property portal as the country’s largest and most trusted.

Jumia House has struggled after Rocket Internet merged the platforms into one to create Africa’s largest classifieds group but the results have not been as encouraging.

According to meQasa.com’s Co-founder, Kelvin Nyame,“The acquisition of Jumia House Ghana has placed meQasa.com in a prime position to better serve Ghana’s growing real estate market. Our combined businesses will have the scale and resources to transform the way Ghanaians buy and sell property. With the acquisition, we will be the go-to destination for property buyers, renters, for real estate agents, and alike.”

Founded in 2013, meQasa.com has grown to become a trusted name in Ghana with over 450,000 views from over 80,000 visits from property seekers every month, looking at over 25,000 listings by more than 1200 agents and developers.

Nyame added that together, meQasa.com and Jumia House Ghana, will claim host to over 150,000 visits from property seekers every month and will be in the position to send more leads and convert more sales for their customers.

He added, “Property seekers already trust that MeQasa represent the most effective way for people to research, find and ultimately buy or rent properties. With the acquisition, we’re providing property seekers, property agents and property developers a one-stop destination for comprehensive, trusted, and up-to-date property information. We want to be the first website people think of when they are looking to research, buy or rent a property.”

With competition and confusion out of the way, meQasa is expected to increase its leads and marketing solutions to drive sales for customers.

“While we double the number of listings available for property buyers and investors, the acquisition also exposes property developers and real estate agents on meQasa to more property seekers than ever before. This ensures that our advertisers receive more leads from meQasa compared to any other portal in the country allowing them to focus on closing more sales.” shared Nyame.

In November 2015, Frontier Digital Ventures invested US$500,000 into meQasa to help it develop new marketing strategies and products and services in the market. The investment gave meQasa.com the energy it needed to become the preferred marketing partner for customers and property buyers and investors in Ghana. 

 

OLX’s acquisition of auto marketplace AutoTrader warning sign to Ringier’s Cheki Africa

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Naspers‘ owned OLX Group has officially acquired online vehicle marketplace AutoTrader after approval by South Africa authorities.

According to AutoTrader CEO George Mienie, “We are excited to work with the OLX Group that is part of a global company. Our customers can stand to benefit substantially from investment in product innovation as a result.”

“Our vehicle shoppers can look forward to continuous improvements to further enhance consumer experience through investment in online vehicle shopping tools” he added.

Though now owned and part of OLX Group, AutoTrader will remain a separate brand, but will gain access to OLX’s tech teams and experience to grow the platform to reach more users in the country. OLX too, is likely to expand AutoTrader to various of its markets across Africa where Cheki Africa, a Ringier-owned company is operating.

OLX had already started investing heavily in the auto category.

In April, the firm introduced OLX Champs, to help users sell their items on the site. The auto category was the one hugely in focus. After a few months, OLX followed it up with verified cars category to boost safety of buyers looking for cars on their site. Verified Cars now have verified badges and OLX is more involved in the transaction.

Speaking at the time, Mr. Peter Ndiang’ui, OLX country manager said, “Our new verified cars category is a further step to ensuring that car buyers are guaranteed of safety when buying cars in our platform. It is very different from our normal vehicles category in that, a buyer is now able to buy cars that have been checked and verified by OLX car experts before being uploaded to our site.”

With AutoTrader, OLX will likely go back to its core business and leave its sister auto vertical platform AutoTrader to focus on cars.

“Based on what we see in other markets around the world, the pace of innovation in the vehicle buying and selling space is picking up and global consumer facing technology platforms are entering” said Sjoerd Nikkelen OLX Group General Manager for Africa, Middle East and Asia.

NIkkelen added that the acquisition will give them the scale to lead this coming wave of innovation and disruption and employ deep data skills to benefit dealers and consumers alike.

 

Facebook enters the food ordering & delivery market to fine-tune its platform-for-everything model

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Social media giant Facebook has moved from the friends and family platform it was at launch to having its hand in everything worthwhile. It’s latest lust is food ordering.
According to Alex Himel, Facebook’s VP of Local, “Ordering food for takeout or delivery is supposed to be simple. That’s the point. But somehow it’s gotten complicated. First you need to decide what to eat, then you have to sift through a bunch of options and services.

Today, we’re taking the time out of finding what you want to eat by officially launching the ability to order food for pick-up or delivery, directly on Facebook. People already go to Facebook to figure out what to eat by reading about nearby restaurants, and seeing what their friends say about them. So, we’re making it even easier.”

Facebook is working with food ordering services like EatStreet, Delivery.com, DoorDash, ChowNow and Olo, among others and restaurants like Jack in the Box, Five Guys, Papa John’s, and Panera in the US with many more coming in every city and region.

The firm has a list of restaurants users can browse through by visiting the Order Food section in the Explore menu. Visitors can browse food options and select Start Order when they find what they’re looking for. A user can either choose to order and have the food delivered or go pick it up themselves. The fun thing is a user has a food ordering and delivery account with a partner service already, they don’t have to sign up again.

Those that don’t can easily sign up for a new account using Facebook without leaving the Facebook web or mobile app. These will increase the firm’s active monthly users.

The firm says it has been testing this since last year is and adding more partners to roll out everywhere in the US on iOS, Android and desktop.

Bongalo.org wants to be Cameroon’s largest property search portal

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Bongalo Inc. is Cameroon’s largest property search portal listing houses, flats, vacant land and farms from the country’s  top estate agents and landlords to help them market their properties to buy or rent.

Founded by Ndahing Pijenda and Achu Normad, Bongalo aims to be the countries largest database of private property for rent and for sale and is now signing up properties across the country to make it easier and more convenient for house hunters to find them.

The site is still early for us to determine how it will make money but the most common model will be charging for property ads,

“We’re also committed to empowering tenants and home buyers with local knowledge and area trends to help with making the best decision about where to live. We are passionate about providing the best and most desired facilities and properties to our clients via giving them access to information about these facilities on our portal,” the firm said.

Bongalo says it aims to revolutionize the country’s real estate sector by digitizing it and bringing all the information needed by real estate agents and home owners and those hunting for the properties either to rent or buy.

“We are super concerned about our clients’ time which is why we’re dedicated to making sure that we’re available wherever house hunters are, and whenever we are needed,” the firm announced.

The latest addition has added an Android app to simplify the search process to make the search easiest and flexible. The app provides information about houses to let in all towns and cities of Cameroon with exact location of where these properties are located.

Saltside Technologies‘s online classifieds site Efritin Nigeria closes shop

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After over 10 months of running its operations remotely, Saltside Technologies‘s online classifieds site Efritin is officially shutting down operations in Nigeria for real and for good.

”Efritin has left the building,” the firm announced on its website. ”It’s been a pleasure serving you all over the years, but we have now decided to close down the shop and go home. A big thanks to everyone for the support, and who knows – we might meet again.”

Efritin had announced in January that it would operate remotely after it shut its physical offices in Nigeria and the retrenching of its 50 staff.  With the closure of Efritin in Nigeria, OLX and Jiji.ng take the center stage. The total closure of the site also gives users few options to sell their wares and shows just how there has been much hype about ecommerce in Africa without much consideration of several factors including skills, ethics and much more.

TechMoran is hoping that Salteside’s Tonaton Ghana won’t be affected. Saltside has made a perfect business decision to close down a loss making operation even if it was being run remotely as these would help it focus on its key markets and make a profit.

Earlier,  the firm had said it wanted to sharply reduce its investment in Nigeria in a move to find evidence that the investment would be worthwhile. The closure means it was too early for Nigeria, needed much more investments and or Nigeria wants a priority to Saltside.

Frontier Digital Ventures exits from IMCongo investment in the Democratic Republic of Congo

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Frontier Digital Ventures (FDV) has exited it’s investment in IMCongo, an online property portal in the Democratic Republic of Congo after investing $175,000 and 332,500 Frontier shares via a share sale agreement to gain an initial 65.9% ownership of the portal.

According to Frontier’s CEO and Founder, Shaun Di Gregorio: “The exit of IMCongo is an example of portfolio rationalisation and prudent capital allocation. Due to the overall success of the portfolio to date, our internal hurdle for investment is high. Frontier assesses the performance of each investment on a monthly basis and deliberately optimises our time and financial resources towards investments with the greatest monetisation potential.”

IMCongo recorded revenues of A$10,924 (100% basis) in 1H 2017, compared with total revenue across the whole Frontier portfolio of A$10,909,973 for the same period.

Under an agreement with Frontier, IMCongo vendors have sold their 332,500 Frontier shares for A$242,725 to new investors and will use the sale proceeds to repurchase Frontier’s shareholding in IMCongo. Frontier expects the transaction to conclude in September 2017. The proceeds will add to Frontier’s existing cash balance.

Frontier Digital Ventures operates online classifieds businesses in underdeveloped, emerging countries or regions with a particular focus on property and automotive verticals and general classifieds websites. Its portfolio currently consists of 17 market leading companies, operating businesses across 22 markets.

IMCongo vendors acquired Frontier shares at A$0.50 per share through a share swap executed at Frontier’s IPO. The decision was made by Frontier to exit IMCongo as a result of its portfolio optimisation process and underperformance of IMCongo relative to the high performance hurdles established across all Frontier’s investments.

FDV says rationalisation is consistent with its strategy to establish a portfolio of 10 investments at the monetisation stage and drive value for its shareholders.

 

MyjobMag Introduces MySalaryScale a Salary Reviews Database for Nigeria

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Job platform  MyJobMag has launched MySalaryScale.com having gathered salary data from over one thousand job positions in about two thousand companies and thirty-four industries cutting across the country.

The firm says it gathered the data from firms in thirty-six states of the country to help users get to know the salary of the job position users are applying for or hope to apply for in future.

The firm says the salary information is simply aimed at killing the secrecy in Nigerian salaries scales and making its users knowledgeable. Users will now more about the company they are interviewing for. They will know about its pros and cons and other relevant information of the company that could just give them an edge over the other interviewees and prospects for the job.

According to the firm, the increasing rise in unemployment and strict mode of interviews adopted by companies recently makes it important to know about a company firsthand. These information will give users an edge in the interview and is likely to get them the job. Prospective employees overtime have been known to distinct themselves from others by gathering adequate information about a company before they interview with them.

“MySalaryScale.com helps you read the reviews from employees of your prospective firms. Thus getting you closer to get the job. Getting the information about the average market rate of the job position you are applying for or you are currently working in is the quickest way to know that,” said the firm.

MySalaryScale.com helps users know the average market salary for all job positions in Nigeria and is focused on helping them to evaluate their offers, bargain for more pay, get firsthand reviews on prospective companies and ultimately encourage them to ask for current salary reviews to be at par with the rest in the industry.

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BrighterMonday partners Educartis to launch BrighterMonday Learning to offer users career growth opportunities

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Kenya’s recruitment site BrighterMonday has partnered Educartis- an online education platform with operations in Angola and Kenya to launch an online education and employment platform dubbed BrighterMonday Learning.

The new site will equip BrighterMonday’s growing population of over 600,000 registered job seekers in Kenya with information on higher and continuing education courses and education providers (local and international) as a value ad.

“We want to set quality standards in the industry, create transparency in the education and job markets and increase employability. By leveraging the power of the Internet in Kenya, we can help Kenyans keep up with change and build a better workforce and economy together and faster” said Emmanuel Mutuma, BrighterMonday CEO.

The portal can be accessed by logging onto www.educartis.co.ke or from the homepage at www.brightermonday.co.ke (click on ‘Courses’ to be re-directed to Educartis).

The platform has colleges, universities, institutes and other training centres where learners have 24/7 access to institution and student profiles and course information to help interested job seekers get career guidance and access to information on schools, courses and jobs.

Launched in Angola in 2016, after the success of Jobartis.com,  Educartis currently has commercial teams in Angola & Kenya. Educartis supports a monthly login of 50,000+ learners in search of short courses, certifications, workshops, bachelors, diplomas, masters, executive education & more.

The Educartis portal has information on 22,000+ published programs and courses & 3,000+ profiles featuring verified & recognized local, national & international education providers. The BrighterMonday recruitment portal has over 600,000 candidates and gets over 7 million page views per month and over 1.2 million total monthly visits. These partnership is expected to help equip the job seekers to further their careers and develop their skills.

According to Educartis Chief Executive Officer Farah Mulji, “Kenya is one of the youngest and fastest growing economies in the Sub-Saharan region, with a rapidly growing population and expanding labour force. As a result, the demand for education is becoming increasingly important to improve careers and acquire better jobs,” said Mulji.

 

 

South Africa’s Private Property acquired by a consortium of South African investors

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South Africa’s Private Property has been acquired for an undisclosed amount by a consortium of South African investors, MyBroadband first reported.

Private Property founder and former CEO Justin Clarke confirmed the deal to TechMoran but did not divulge any details about the transaction.

In November last year, TechMoran reported that Naspers was set to acquire Private Property from Ringier One Africa Media for an undisclosed amount. The deal now officially ends PrivateProperty’s year long search for suitor when regulators approve the deal.

Founded in 1997 by Justin Clarke, Private Property is one of the oldest property portals in South Africa running a subscription business model for agents and unlimited adverts for a fixed fee. In August 2011 Private Property launched Private Property Nigeria and the firm says it has established a leading position by traffic, add volume and revenue and is on track to grow ten fold.

 In May last year,  Ringier Africa and One Africa Media (OAM) merged to form a pan-African Classifieds assets to create and grow Africa’s largest classifieds group with a new outfit dubbed Ringier One Africa Media (ROAM).

ROAM was a reaction of the changing scene of classifieds business in Africa with stronger players such as Naspers, Rocket Internet and the new Frontier Digital Ventures and the weakening One Africa Media itself with its CEO Carey Eaton gone.

According to people familiar with the deal that time, SEEK and Tiger Global needed more African based/ experienced partners on ground so they don’t lose their cash in Africa. That’s why a deal between One Africa Media, which needed new energy to drive their market penetration and domination across Africa was easily reached with Ringier Africa albeit at a lower value than expected of One Africa Media hence forming Ringier One Africa Media but  BuyRentKenya and PrivateProperty opted out of the deal because they felt undervalued and PrivateProperty immediately began chasing for a buyer. ROAM recently acquired 100 percent of BuyRentKenya.

MyBroadband reports that the consortium of South African buyers include Caxton and that the deal was concluded with the help of the Real Estate Business Owners of South Africa.

Shortlist Raises $1 Million to Help Employers Across Africa & India Hire Based on Competency

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Recruiting and talent management is a core challenge facing growing businesses in emerging markets. Over 1 million people enter India’s workforce each month, and the World Bank estimates that Africa will add more people to its job market in the next ten years than the rest of the world combined.

Given this volume of jobseekers, companies are typically left to sort through hundreds of applicants for a single job opening, relying mainly on CVs and personal connections to guide decisions on who to meet and hire. Shortlist aims to solve these across emerging markets.

Launched in 2016, and serving over 80 companies including Ather Energy, M-­‐KOPA, MicroEnsure, and Xynteo, Shortlist has raised $1 Million in seed funding to help employers discover untapped talent across Africa and India by enabling firms to hire based on competency, rather than pedigree.

The investment was led by US-­‐based private equity firm University Ventures, Indian angel investor Samir Shah of Sattva Capital, Kenya-­‐based seed fund Zephyr Acorn, global impact investor FARM Ventures and US-­‐ based investor Bodley Group.

Shortlist will use the funds to enhance its data-­‐driven talent screening product, which automates applicant vetting using online competency-­‐based assessments.

“The single biggest challenge for growing companies is finding the right talent to scale,” says Paul Breloff, co-­‐founder and CEO of Shortlist. “We believe that both jobseekers and employers deserve a better way to find each other and gauge fit. We’re thrilled to have a group of investors who share our desire to fix this broken talent marketplace, and believe the mix of expertise across India, East Africa, and the United States will add significant strategic value as we build on our early traction.”

With Headquarters in Mumbai and in Hyderabad, and Nairobi, Shortlist helps companies in India and East Africa hire for early and mid-­‐career roles based on demonstrated potential and skill, rather than pedigree.

The startup’s unique technology creates a single application flow to engage candidates across a company’s sourcing channels, including job boards, referral programs, and existing third-­‐party recruiters.

Shortlist then screens these candidates using chat-­‐based interviews, online competency assessments, and other proprietary tools that predict how candidates will performing a particular role. Employers then receive access to interview-­‐ready candidates, streamlining the often time-­‐consuming and bias-­‐prone phases of hiring, and ultimately only engaging with the applicants who possess the right ability, experience, and fit for their teams.

Ryan Craig, author of College Disrupted: The Great Unbundling of Higher Educationand Managing Director at University Ventures. “The shift from degree-­‐ and pedigree-­‐based hiring to competency-­‐based hiring has tremendous potential for employers, individuals, and overall economic growth.

Since its launch in early 2016, Shortlist has engaged nearly 200,000 jobseekers helping them highlight their strengths and be considered for jobs based on demonstrated potential and fit, not merely their educational background and formal work experience.

Shortlist has previously received funding from AHL Venture Partners, Blue Haven Initiative,the Shell Centenary Scholarship Fund, and Shell Foundation, and was a winner of the ANDE-­‐Argidius Talent Challenge.

 

 

South Africa’s On Show This Week to bring all properties to one platform every week

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Founded by Alex Kruchen and Natalie van Zyl, On Show This Week is South Africa’s newest property website which has a singular purpose, and that is to bring all of South Africa’s on show properties every week to one platform.”

The two say that a potential new home owner, it’s overwhelming to find a perfect home. Therefore the new site allows users to find properties quickly based on their areas of preference and desired price range.  The site’s weekly newsletter notifies users of any upcoming show days that match with their prescribed search criteria to save them the time.

For estate agents, the site will provide them an avenue to advertise homes for sale, giving them the ability to reach more potential buyers.

“We at On Show This Week believe in delivering accurate information about on show properties to you the buyers, on behalf of the estate agents, creating that initial connection between  buyer and agent in a very convenient way. This will help create a better turn out at show days for agents and help alleviate the  buyer’s stress associated with house hunting,” said the firm.

On Show This Week is integrated with Google Maps for proper location and trace of any properties listed saving buyers and tenants time to search for their properties. The site is updated with verified properties on a weekly basis for users to check for properties and contact the owners during the week. The firm has offices in Johannesburg, Cape Town and Durban and might expand across the country in the near future.

OLX introduces phone number verification, requires electronic dealers to submit business permits

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In a move to make its platform secure and trusted, OLX Kenya has introduced new ‘phone number verification’ feature mandatory for sellers who want to list their products for sale on OLX.

With the move, the firm expects to reduce the number of fraudulent listings on the platform as well as crack down on the fraudsters.  Though the most visited general classifieds platform in the country, OLX has had to run several campaigns to educate users on safety. The firm has also announced that businesses wishing to continue selling electronics on OLX will now be required to produce business permits before their adverts are published on the site.

OLX says the permits will help it manage the number of business adverts on the platform as the site capped business adverts to 13 adverts per week and 50 adverts per account for every seller with an OLX account to enable the site offer variety of different items to their buyers. However, these will also help the firm cut revenue leakages from businesses listing as individuals.

OLX is cutting these revenue leakages from its site starting from the electronics category which is the biggest category on the site but the process will be rolled out to other categories in the next few months. These move is also aimed at increasing the items visibility as some business sellers would put up their adverts but flood the platform with similar items under different business account names reducing visibility for individual sellers on the platform.

According to Peter Ndiang’ui, OLX Country manager, “Our platform is a predominantly consumer to consumer (C2C), with 80% C2C and 20% business to consumer (B2C). Businesses as we know, have a numerous items to sell and are very aggressive at selling on our platform. By letting them sell on our platform without permits, they would post as many similar item adverts under different business names and visibility for our C2C sellers tended to go down. We are now asking them to produce them produce a business permit. We are not locking them out but putting measures to ensure balanced visibility of both B2C and C2C on our platform. The permit verification process will help us offer electronic items from different businesses for our buyers to choose from while giving C2C sellers who form a majority, fair share of visibility.” Said Mr. Ndiang’ui.

Since the process begun, 40% of electronic sellers on the platform have already submitted their permits. OLX hopes all electronic sellers adhere to the new process by end of September, a process that is currently ongoing.

Kwilist Launches to be a Video Classifieds for Cars

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Classifieds platforms are not new, as they’ve become really popular. But Kwilist wants to redefine classifieds by enabling users post video ads of cars they intend to sell.

When it comes to purchasing cars from sellers, what obtains is, buyers having to go long distances to the seller’s location, and sometimes traveling from one state to another just to inspect the car and see if it suits their needs. Kwilist is changing the game, allowing users to find great deals on the car of their taste, and also carry out inspection without leaving the comfort of their homes or offices.

The platform provides users access to a large database of new and used cars from verified sellers, and makes it easy for one to make the best choice by allowing them see a video of what they are buying before contacting a seller directly on the platform.

For users looking to sell their cars, they simply record a video that clearly shows the exterior, interior and the engine of the car, fill in the details of the car, post it on the site and wait to get contacted by buyers. The platform also supports pictures, for sellers who are not able upload video ads.

To further improve the experience of buyers, Kwilist automatically resizes videos uploaded by sellers, to ensure users are able to watch videos without having to worry about exhausting their bandwidth. 

Kwilist provides all of these services at no cost.

According to the team, “Kwilist is the perfect answer the buyers have been waiting for. It allows one who wants to buy a car to inspect the car right without traveling miles. Its a perfect solution against fraud.”

The online classifieds space in Nigeria has a number of big players, with many new entrants struggling to make a name for themselves. But one way they can succeed is by being innovative. This is what Kwilist has done, and we can’t wait to see how it works for them.

Traders of Africa raises undisclosed angel funding to launch an ‘Alibaba’ for commodities to boost intra-African trade

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Founded by Mrs Uju Uzo-Ojinnaka, an ex banker and a contractor in the construction sector, Traders of Africa, (TOFA), a pan-African online platform connecting commodity producers to buyers has raised undisclosed angel funding to start operations in Nigeria, Kenya and several other key markets in a move to boost intra-African trade and with the world.

 The angel investment from Prof Pedro Nueno will help the firm launch its platform on September 1 and set up local operations in Nigeria,Rwanda, Uganda, Ghana and Kenya as its first key markets in Africa.

According to Mrs Uju, the founder, TOFA’s market is Africa and just as Alibaba has been for the world, promoting global e-commerce especially for SMEs in China, TOFA aims to promote intra-Africa eCommerce and boost the continent’s trade with the world as mobile broadband grows on the continent.

“We are Pan African from day one, we seek to foster and enable intra African purchases and exports from Africa. According to the UN, The continental African economy has a GDP of $2.8 trillion but Africans have a habit of buying exotic stuff,” she said adding that TOFA aims to encourage them to buy African made goods.

Mrs Uju aims to remind users that African made goods are exotic and buyers shouldn’t believe otherwise. A good number of the “exotic” goods in question originate or have there inputs coming from Africa. The continent only need to increase its capabilities and showcase what is obtainable in each region or locality and users shouldn’t travel all the way overseas to buy what people overseas come to buy in Africa.

The African Economic Outlook 2017, a flagship report of the African Development Bank released in Ahmedabad, India, show that trade between African countries has the greatest potential for building sustainable economic development and integration. The report adds that trade among African countries expanded from 10% in 2000 to about 16% in 2014, reflecting the continent’s recent economic upturns.  The report also added that Africa’s GDP and its internal trade expanded fourfold over the past two decades suggesting that that intra-African trade is more resilient than exchanges with other regions of the world.

Intra-African trade allows resource-rich countries to obtain supplies from countries with more advanced agricultural productivity while countries with more advanced manufacturing sectors hold a potential for growth if they can access the larger African market.

With over 6,000 merchants signed up, TOFA stands chance to improve connections between and within African countries as transportation and communication infrastructure is less developed between African countries compared to the world.

TOFA is not the first ecommerce platform to launch in Africa but it’s clearly the first intra-Africa platform promoting made in Africa goods-especially farm produces. The firm is yet to update TechMoran on how it aims to solve logistical, forex and border transfer or custom challenges but with a dedicated team in its key markets anything can be solved.

Uju says TOFA was inspired by the present export and trade figures especially in non-oil commodities, the ease of doing business in its key markets in Africa, the ease of entry and the general acceptability of TOFA’s business model due to the growing number of internet savvy citizens across the continent.

AfriCar Group translates its websites in ten countries into local languages to increase reach

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Africar Group, the pan-African car classifieds platform in Africa operating in 22 countries on the continent is now available in 10 local languages in a move to improve access and utilization for local people and take on the diminishing Cheki brand.

With operations in 22 countries through its car classifieds websites, the firm says its dedicated to local people, and all these platforms which were available in both English and French languages have now been translated in local languages including Amharic, Somali, Hausa, Yoruba, Kinyarwanda, Swahili, Malagasy and soon Wolof, Zulu, Sotho and Swazi so that the users can easily access to them.

“Translating our different platforms means a lot for us as we focus on local people. We want them to easily access to our car classifieds websites so that they can benefit from this free service. In that sense, we think that it is key to adapt our platforms locally and that it makes sense for our users. We now reach 400 millions of potential users and we are the only one among our competitors to make such an effort and to offer them this service.” says Axel Peyriere, co-founder and CEO of Africar Group.

With headquarters in Sydney, Australia, Africar Group is backed by international investors with two rounds of funding and pushed by a team of 100+ people with operators and agents in each country as well as a full time team in most of these countries.

Africar Group’s sites include cargebeya.com in Ethiopia, carisoko.com in Rwanda, carisowo.com in Benin, carsugu.com in Burkina Faso, Carkibanda.com in Uganda, caryanga.com in Malawi, carsuq.com in Chad, mobili.com in Mali, caryandi.com in Zambia, cartsenga.com in Swaziland, caryange.com in Namibia, gaadhi.com in Somalia, voitures.ci in Ivory Coast, carasigbe.com in Togo, carguinee.com in Guinea, carkugura.com in Burundi, in carmusika.com in Zimbabwe, carsotho.com in Lesotho, fiarakodia.com in Madagascar, gaaraas.com in Senegal, motorokara.com in Botswana and voitures.ga in Gabon.