Africa
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Trends
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…
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Finance
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…
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Business
Did African startups raise $496M, $1B or $2B in 2019?
Five years ago, it was hard to come by any numbers for annual VC investment in Africa. These days the…
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Trends
Google, Toyota invest in WhereIsMyTransport to map transport in emerging cities
In emerging markets, up to 80% of the population may have to rely on informally-run public transport to get around.…
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Trends
AWS partners with Kenya’s Safaricom on cloud and consulting services
Amazon Web Services has entered a partnership with Safaricom — Kenya’s largest telco, ISP and mobile payment provider — in…
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Finance
Africa e-tailer Jumia reports first full-year results post NYSE IPO
Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs. fulfillment expenses, expanded…
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Trends
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…
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