Jumia, an NYSE listed e-commerce platform for Africa backed earlier on by MTN and Rocket Internet, is mulling spinning-off its fintech arm JumiaPay to focus on payments, microloans, and ticketing as its new sources of revenue. Though the firm announced a continued strong growth of topline drivers and 94% increase ...
Cartehub, a multi-merchant online marketplace for the best varieties of food, farmers market, organic products, handmade items, crafts, arts plus the best and most convenient laundry and dry cleaning services in the African market is focused on helping its customers find fulfillment using technology to enrich their ways of life. Founded ...
Sky.Garden is a SaaS mobile commerce platform built for retailers in Africa that allows retailers to sell inventory with ease on mobile. Sky.Garden aims to give back control to the individual retailer by allowing inventory control and immediate payment reconciliation in an automated platform, where local shipping and payment options ...
eCommerce company Sky.Garden has made groundbreaking implementations to its payments module to ensure real-time payments to their sellers after signing a deal with digital payments firm Interswitch. The deal will improve speed and accuracy of mobile money payments and allow seamless cash flow management and comes months after the firm ...
Kenyan based eCommerce company, Sky.Garden,which is works as a ''Shopify for Africa'', has raised a $1.2 million to launch its next generation merchant platform later this year and expand across East Africa. The funding round was led by Jesper Drescher, TRK Group based in Norway, The Katapult Accelerator Follow-up Fund, and a ...
Pikkostores.com, Rwanda's top local ecommerce B2C marketplace aims to provide small businesses and local manufacturers the best way to reach the country's growing online customer base and as well help Rwandans to find all products they love under one roof. Founded in January 2017 by Emmanuel Ishimwe, Pikkostoress.com, also aims to make eCommerce ...
Merging fashion with Big data, augmented and virtual reality, Ghana's Ahwenepa works closely with its vendors and designers co-creating and implementing impact strategies, that transform their operation, business and financing models. The fashion marketplace which focuses on everything African and made by Africans, from shoes, bag, jewelery, dresses interior decor and ...
Masoko (Swahili for ‘markets’), a Safaricom-owned marketplace has finally launched to the public with less fanfare and pomp than expected, an indication that the giant telco acknowledges that unlike airtime retail, eCommerce is not its forte. As a marketplace, Masoko has borrowed heavily from Jumia-including hiring some ex-Jumia executives who hurt ...
Unimall website homepage Unimall a Kenyan startup is working to eliminate the hustle of sourcing out commodities and shopping needs for students. With a wide product line, the eCommerce company has made it possible for students to have easy access to products such as cooking flour, ...
Africa has experienced a rampant rise of inventions and startups that have gone a long way from the minds of inventors to disrupting the Sub Saharan ecosystem solving very many problems that have been a setback to the growth of the continent for ages. From the rise of ...
Jumia Kenya has launched “Jumia Express” service (formerly “Jumia First”) in Nairobi in a move expected to see shoppers enjoy next day deliveries in Nairobi and 1 day faster than normal in other parts of the country. Jumia is still mum about same day deliveries in Nairobi a year after ...
Founded by Ben Oche, Diapersnmum is an ecommerce store that caters for women and their children, offering beauty and wellness products. According to the founder, "our platform provides women in all stages of life the opportunity to get their beauty, care and wellness products at affordable prices. We also carry products ...
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 ...
Kenya's telecom giant, Safaricom is set to launch e-commerce platform, Masoko in the coming weeks, TechWeez first reported the development. The platform would provide an avenue for local merchants, including supermarkets, and customers to interact and trade in a bid for Safaricom to boost its M-Pesa payments platform (Lipa na M-Pesa). Like ...
Whe it comes to customer service, ecommerce platforms might not be the best at offering that because there's that disconnect, and online shoppers seem to be on their own. Priceslash was launched to be a customer-driven online retail solution. Launched on 20th of March 2017 by Ifidon Irivboje and Ibe Kingsley, Priceslash ...
Kilimall which is live in Kenya, Uganda and Nigeria is nearly achieving its goal of being the Alibaba of Africa with the launch of its Sino-African B2B model allowing merchants in Africa to deal with other merchants in China without leaving the marketplace. Victor Ma Managing Director of Kilimall International ...
The eCommerce market in Nigeria is highly saturated, and with many new players struggling to gain visibility, Kelechi Nwaozuzu and Emeka Nwadibie found a way around it by carving out a niche for themselves with 2kmarket. It's never an easy one for buyers, when it comes to going from one ...
Hithood is an online classifieds marketplace that allows anyone post goods for interested consumers to purchase. The platform also allows users service providers and business owners to post and advertise their services. Launched on the 1st of October 2016 by Ijezie Emmanuel, the service is currently available in Nigeria and ...
It's not news that there millions of African manufacturers and traders, but only a few have been able to come to the fore. Due to this, many Africans have gotten used to purchasing products and services from the west. Not because same are not available in the African market but because ...
A first of its kind industry solution to manage “Pay-On-Delivery” transactions for online businesses and e-transactions has been deployed by Red Star Plc, a leading courier and logistics organization with decades of service delivery experience. The application, known as “Saddle”, allows instant payment on delivery reconciliation, enable customers monitor and ...
Overseas Private Investment Corporation (OPIC) has invested $15 million in debt to SunFunder Inc. to provide financing to companies operating in developing countries that manufacture, distribute and install solar lighting and energy systems to switch people from kerosene and diesel to solar energy. “OPIC is proud to partner with SunFunder ...
Ecoemmerce giant JUMIA this evening unveiled its first ambassador for Côte d’Ivoire, he is musician Serge Beynaud. In Côte d’Ivoire, Serge Beynaud is a real phenomenon. Since 2009 the artist has become one of the main leaders of an urban culture whose musical genre “Coupé-Décalé” is the anthem. With the ...
Jonathan Doerr, Managing Director of Jumia Nigeria has said less than 30% of customers shopping on the ecommerce giant's platform are paying with credit cards - the majority prefer the cash on delivery payment option. "Less than 30% of Jumia customers pay with the credit card online, but we are ...
Online marketplace OLX has described trust and safety as key factors that would determine the success of ecommerce in Nigeria. Speaking at an interactive session with tech journalists in Lagos, Lola Masha, country manager OLX Nigeria said OLX is a strong believer in the Nigerian market and determined to see ...
One of Nigeria's online shopping platforms Rothschild has described the growth potential of ecommerce in the country as astronomical. According to the Chief Executive Officer of the portal Stephen Nwatu, e-commerce has great potential for growth in Nigeria. Speaking at the opening of a Rothschild outlet in Lagos, Nwatu said: ...
Following its launches in Tanzania and Angola, Rocket Internet's online retailer JUMIA today launches in Senegal, the 12th country the e-commerce site is active in. In a statement, Patrick Farnole, Managing Director JUMIA Senegal said: “A new way of shopping was born in Senegal. Imagine a website where you can ...
Two Nigerians, Abiodun Johnson and Esosa Ighodaro in February launched CoSign to the public, the world's first mobile app that allows users to earn cash everytime they endorse a product online. “We wanted to explore a new way to turn social media impressions into sales and speed up the purchase ...
According to a report by World Bank, a 10% increase in broadband has correlated to a 1.38% in GDP growth explaining why investors are a-buzz overcountries like Kenya and Nigeria, within the African continent, whose internet penetration is constantly on the rise. According to Peter Allerstorfer co founder of Silvertree ...
In April 2014, Rocket Internet teamed up with Qatari's Ooredo Group to launch what was known as the Asia Pacific Internet Group (APIG), an e-commerce venture builder for Asia tasked at launching and expanding ventures such as Daraz.pk, Lamudi.com, Carmudi.com, Kaymu.com, Pricepanda.com and EasyTaxi.com into Pakistan, Myanmar, Thailand, Malaysia, Singapore, ...
Shoppers in Nigeria will now be able to buy goods then pay for them later after JUMIA signed a deal with First Bank of Nigeria to enable customers to simply buy their products of choice and pay in installments. Shoppers will use the new First Bank Naira Credit Card to make ...
