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All posts by Paul Adepoju

  • Jumia Nigeria’s former MD secures $850k funding from Interswitch for new venture

    Pan-African integrated payment, processing and transaction switching company, Interswitch, has announced it has made an initial investment of US$850 000 in Africa Courier Express (ACE), formerly A-Post a company started by Tunde Kehinde the founding Managing Director of Nigeria’s ecommerce giant Jumia. Based in Nigeria and focused on the entire African continent, ACE is a technology driven ecommerce logistics and warehousing firm. It has developed and introduced a new cutting-edge technology to track, deliver and collect payments seamlessly for and on-behalf of its clients. A statement by Interswitch revealed it is making an initial investment of US$850 000 through its ePayment...

  • Gingerbox: Why Nigeria’s clever niche startup is selling fruit online

    The Nigerian city of Lagos is, simply put, chaotic. With horns blaring from 4am till 1am, the best way to avoid getting caught up in traffic is to rent a helicopter or drive between 11pm and 4am. Since these are not the most realistic options for the majority of the city's residents, spending long hours in traffic is inevitable and lots of things are compromised – including adequate sleep and a good diet. It's not too surprising then that many residents of the city spend more time on the road than at work or at home put together – they...

  • A tale of two online shopping giants: Konga & Jumia put to the test

    They both claim to be the largest ecommerce platform in Nigeria and Africa -- even though they won’t make their sales figures publicly available so it could be made easier for those who are interested in comparing their services to do so. This means the only thing that can be legally done is to determine which of them offers the best service delivery. And since no one else would do it, I decided to order stuff from both platforms and compared the experience. To really get an accurate result, it would make more sense to order from outside Lagos since both Jumia and...

  • Vuga: Africa’s smart music-streaming service for your every mood

    Nigeria’s music industry is regarded as the most popular in Africa considering the numerous continentally acclaimed and globally heard music superstars that are filling halls and stadiums in several parts of the world. Even though the stars are largely regarded as wealthy, much of their wealth doesn’t come from album sales since it has been largely difficult to get people to pay for music, forcing the artists to focus on making money from endorsements, events and other franchises. The proliferation of platforms such as NotjustOK.com and NaijaLoaded.com, where individuals could easily download music tracks and albums for free, make it...