Tage Kene-Okafor
Multinationals like Amazon and Alibaba have leveraged logistics infrastructure such as UPS and FedEx to create large businesses. It’s not the same in Africa, where few third-party infrastructure players exist to provide end-to-end logistics to e-commerce companies.
PAPS, a Senegal-based logistics and delivery company, is filling this gap in its...
In a move rarely made by Western venture capitalists, QED Investors announced today that it has hired an African partner, Gbenga Ajayi. He will focus on Africa investments as part of QED’s international team.
Last September, the fintech-focused venture capital firm announced closing $1.05 billion for its oversubscribed seventh...
Kenyan B2C e-commerce company Copia Global has raised $50 million in a Series C equity round led by Goodwell Investments.
The new financing round welcomed new investors such as Zebu Investment Partners, the U.S. International Development Finance Corporation (DFC), and Koa Labs, as well as past investors Lightrock, German...
The Nigerian government has lifted the suspension of Twitter operations more than six months after it first declared a crackdown on the social media giant in the country. The news was made known via local press today.
Kashifu Inuwa Abdullahi, the director-general of Nigeria’s tech agency, National Information Technology...
Loyalty, deals and rewards services are a rarity in most African markets. The unit economics and other factors such as currency instability make such businesses hard to pull off in the region.
Yet, ThankUCash, a platform launched in 2018 by Connected Analytics, has managed to thrive, proving that not...
Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has closed a $3.2 million financing round.
The seed round welcomed investors such as Afore Capital, Y Combinator, FJ Labs, Quiet Capital, Kli Capital, Pareto Capital and unnamed angels.
As a last-mile distribution e-commerce company, JABU joins a list of...
