#consumer

Copia is exiting Uganda about a year after entering the market. The startup's decision was informed by the need to make a profit and build a sustainable business model, among others. It also attributes the exit to an array of external…

Chekkit has secured additional funding to help it scale its blockchain-powered drug safety and tracking solution. Chekkit is an anti-counterfeiting, asset tracking, and consumer feedback analytics tool. It produces tamper-proof unique ID…

Jumia Technologies AG (NYSE: JMIA) (“Jumia” or “the Company”) has announced the appointment of a new Management Board and Acting CEO, while Jeremy Hodara and Sacha Poignonnec, Co-CEOs, will be stepping down effective today. The…

CardoO has raised a US$660,000 seed round of funding to help it achieve its goal of becoming the leading Arab brand for premium and price-effective smart devices. The startup’s US$660,000 seed round is led by The Alexandria Angels, with…

ADVA has raised an undisclosed six-digit US dollar seed funding round to help it expand its offering. The startup has now raised a six-figure seed round from local VC firm Sawari Ventures, which it plans to use to expand its product…