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Tag: jumia

Republic’s new partnership with Stake – and what it means – Seedrs Insights

Stake is a cutting-edge digital platform for real estate investing based out of Dubai. The Republic team is excited to announce that through this...

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Leafly Announces Post-Combination Board of Directors

SEATTLE – Leafly Holdings Inc. (“Leafly”), the world’s leading online cannabis discovery marketplace and resource for cannabis consumers, today announced the members of its Board of Directors to be appointed […]

Estonia-based PayQin nabs €300K to grow its e-wallet service for the underbanked in West Africa

PayQin, a cross-border payment startup that operates a comprehensive e-wallet service for the underbanked in West Africa, is announcing a new €300K seed...

Jiji acquires Cars45 as it looks to build a future outside classifieds

Once heralded as disruptive marketplaces, classifieds are giving way to transactional marketplaces. Yet, some classifieds in the West like eBay have evolved with...

Porntech Firm RarePorn Eyes $17 Million Fundraising Round

Non-fungible tokens or NFTs as they are popularly called, are on the verge of taking over the world.  Billions of dollars seem to flow into the market every month with iconic tweets and memes being sold as NFTs and the industry as a whole getting more global attention. Given that practically everything can be turned […]

Kenyan foodtech startup Kune raises $1M pre-seed for its ready-to-eat meals service

While there has been a wave of innovation in food tech worldwide, it’s still in early days for Africa. There are only a...

Opontia raises $20M to roll up e-commerce brands in Africa and the Middle East

Razor Group. Branded. Thrasio. These are big names in the new wave of e-commerce companies taking the world by storm. Their business of...

Africa has another unicorn as Chipper Cash raises $100M Series C led by SVB Capital

Fintech in Africa is a goldmine. Investors are betting big on startups offering a plethora of services from payments and lending to neobanks,...

Egyptian furniture marketplace Homzmart lands $15M Series A for MENA expansion

In most parts of Africa and the Middle East, a consumer journey and experience in buying furniture is not fun. A typical shopping process...

Why SPACs aren’t targeting African startups

One. That’s the number of African tech companies that have gone public on the NYSE in the last 10 years. Two, if you’re...

Jumia’s Q1 earnings report continues to show falling losses, slow growth

African e-commerce giant Jumia today shared its earnings for the first quarter of 2021 that ended in March. While its customer count grew,...

Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A

Africa is the last frontier for basically anything. Mobile gaming is no exception. For a continent that is home to more than 1...

Ivorian startup Afrikrea partners with DHL and Visa to launch SaaS e-commerce platform ANKA

In 2016, Ivorian e-commerce startup Afrikrea started as a marketplace for African-based and inspired clothing, accessories, arts, and crafts. Over the past five...

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