#ecommerce

Wasoko, which leverages innovative technology to transform the informal retail supply chain, has expanded into Zambia, the company’s first location in Southern Africa. The platform enables retailers to order products anytime via SMS or…

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…

Alerzo said it has laid off 15% of its full-time workforce, making it the company’s second round of layoffs in seven months. According to Alerzo, the first round of layoffs was performance-related and involved digitising some roles…

Nigeria is the largest and most populous country, in Africa, with a growing economy and a young, tech-savvy population. In recent years, the country has seen a surge in technology adoption, with an increasing number of businesses and…

Sendy is terminating its on-the-ground operations in Nigeria to “find the right product for the market.” According to Sendy, this means that we will continue to connect sellers to logistics providers but will no longer consign their…

SIDEUP has raised US$1.2 million in seed funding from regional and global investors to help it expand into Saudi Arabia. Its US$1.2 million seed round saw participation from leading global and regional investors, including Launch Africa…

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…

Bolt, a leading checkout technology Company announced the launch of its latest product, Bolt Shopper Assistant, the first virtual shopping assistant of its kind—enabling retailers to turn anonymous guest shoppers into account-holding…

Kenzz has raised a US$3.5 million seed funding round to help it recruit talent, widen its product range, and invest in technology. The startup’s customer-centric platform aims to digitise the offline experience, making it exciting, fun…

MaxAB, has closed a US$40 million pre-Series B equity round to fuel its expansion across the MENAP region.    MaxAB serves a network of traditional retailers across Egypt, using empowering technologies and innovative supply chains to…