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Ecommerce

EcommerceInvestor Activity

Jumia Moves Top Bosses to Africa from Dubai in Profit Push

December 6, 2022
2 Mins read
Côte d’IvoireStartup and Funding

Ivory Coast: Ivorian e-commerce startup ANKA, formerly Afrikrea, raises $6.2M pre-Series A

September 27, 2022
4 Mins read
A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three…
EcommerceMaking the news

Jumia co-CEO Jeremy Hodara talks African e-commerce and his company’s path to profitability

September 27, 2022
5 Mins read
This month, African e-commerce giant Jumia released its second full-year financials for Q4 and its fiscal year 2020. The results were mixed — active customers and gross…
Making the news

Former Vodashop owner says online platforms are killing stores

August 31, 2022
3 Mins read
Vodacom and Telkom have seen growth in both their online and in-store sales. However, former Vodashop owner Bennie Roux believes there is…
EcommerceMaking the news

Amazon’s Africa expansion confirmed, as South African and Nigerian domains become available

August 24, 2022
2 Mins read
The news Amazon now has Amazon.com.ng and Amazon.co.za among domains where you can request customer support. While the domains still link back…
EcommerceStartup and Funding

Nigerian e-commerce platform, Omnibiz, raises $15 million pre-Series A

August 20, 2022
2 Mins read
Omnibiz, a Nigerian B2B e-commerce company, has recently secured a $15 million pre-Series A investment led by Timon Capital. The raise is structured as…
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