Jumia

How Nigerian tech companies listed on the NSE fared during the lockdown

The weeks leading to Nigeria’s lockdown which started on 30 March could be described as frantic and laden with uncertainty. Businesses, schools and churches were…

The impending game-changing regulations for Nigerian logistics companies

When the federal government of Nigeria imposed a lockdown to curb the spread of the pandemic, it allowed the continued operation of essential services…

Covid-19 and African tech startups roundup [09/04/2020]

Ghanaian healthtech mPharma plans to equip and re-purpose private labs into Covid-19 testing centres. The startups is one of many on the continent that…

Rocket Internet has sold its stake in ecommerce company Jumia

German venture builder Rocket Internet has sold its stake in African ecommerce company Jumia. This, according to a report last week by Reuters. Quoting…

Covid-19 and African tech startups roundup [24/03/2020]

With the coronavirus (Covid-19) headlining news all over the world, Ventureburn has launched the first edition of a daily roundup on the virus and…

SA travel company Travelstart takes over operations of Jumia Travel

SA travel tech company Travelstart has entered into a distribution and commercial agreement with Jumia Travel to run the latter’s pan-African online travel booking portal….

Nigeria’s Interswitch becomes Africa’s latest unicorn after Visa acquires minority stake

US payments technology corporation Visa has acquired a minority stake in Lagos-based digital payments firm Interswitch Group at a valuation of $1-billion, effectively making…

Marek Zmyslowski releases tell-all book after Interpol drops Nigerian extradition request

Polish entrepreneur Marek Zmyslowski has released the English version of a new book in which he documents the Nigerian extradition saga he endured last…

So, let’s call it out – what then is an African startup?

What is an African startup? Is it any startup that operates in Africa even if headquartered outside the continent, or must a firm be based…

Jumia raises $196m in New York Stock Exchange IPO

African ecommerce giant Jumia today raised $196-million in its initial public offering (IPO) at the New York Stock Exchange (NYSE).

Nigeria’s Kobo360 named Disrupter of the Year at 2019 Africa CEO Awards

Nigerian logistics startup Kobo360 has been named Disrupter of the Year at the 2019 Africa CEO Forum Awards in Kigali, Rwanda. The awards were…

Loss making African ecommerce giant Jumia files for NYSE IPO

African ecommerce giant Jumia has filed with the US Securities and Exchange Commission (SEC) to launch an initial public offering (IPO) on the New York Stock…

How Nigerian business partner tried to bribe, take over my startup – Polish man

UPDATE (18 October 2019): Marek Zmyslowski has released a tell-all book after Interpol in May 2019 took down the Red Notice it issued in…

Jumia, Rocket Internet still mum on whether African tech giant will list in US

Lagos-based ecommerce giant Jumia and one of its main investors Rocket Internet remain mum on whether the tech firm intends to launch an initial public offering (IPO)…

Ventureburn’s key takeaways from Africa Tech Summit Kigali 2018

The Africa Tech Summit held in Kigali was arguably February’s highlight in Africa’s tech scene. With over 350 delegates from 29 countries and a…

Meet the AppsAfrica Innovation Awards 2017 finalists

AppsAfrica.com, a tech portal and advisory service, yesterday announced the shortlisted finalists for the AppsAfrica Innovation Awards 2017. Entries for the annual awards, now…

Tackle infrastructure, skills challenges to boost tech sector, say Nigerian experts

Nigeria must overcome its infrastructure challenges and shortage of skills if it is to help the country’s nascent tech scene to grow, say analysts…

3000 Kenyan women receive ecommerce training through Jumia

Nigerian ecommerce store, Jumia, in collaboration with SheCares International, is awarding 3000 Kenyan women the chance to undergo ecommerce training. This programme looks to empower…

MTN, Jumia to launch pan-African entrepreneurship challenge

Mobile networks operator MTN and online shopping destination Jumia are launching the MTN Entrepreneurship Challenge. Participants will be competing for a US$25 000 cash prize…

Why Africa’s ‘largest retailer’ Jumia calls itself a startup

In February, I put Nigeria’s two leading ecommerce giants Jumia Nigeria and Konga to the test. The results showed some concerns about the quality…

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…

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…

Jumia partners with First Bank of Nigeria so shoppers can pay in installments

“Those days of saving up all you had only to buy one single product are over,” Jumia boasts. Nigerian ecommerce has always had a…

Telkom launches call centre to help you cancel services

Here are the most common passwords of 2020

Business reimagined for Africa [Opinion]

Three crowdfunding platforms for African tech startups

SA fintech breaks the $2.5-billion disbursement mark in Africa and Asia

Huawei bringing major discounts to Black Friday sale [Sponsored]

South Africans can now buy Epic Games Store titles using Rands

Video chat comes to Fortnite with Houseparty

Honda WV-R: High-riding ‘Jazz’ now in South Africa

The new Hyundai i10 is a Grand deal

Prado: Better engine for Toyota’s ‘junior’ Land Cruiser