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Jumia Discontinues Food Delivery Across Seven Markets, Shifts Focus to Expanding Physical Goods Business
Jumia is redirecting its focus toward the core physical goods business and maintaining its JumiaPay operations across all 11 markets.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, failure, startups
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Africa Sees Sharp Rise in Road Traffic Deaths as Motorbike Taxis Boom
Fatalities rose by 17% in a decade on the continent, despite falling globally, with campaigners calling for stricter safety standards on motorcycle helmets.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- public health
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Press Release: First-Of-A-Kind USD$100 Million Electrification Platform to Transform Millions of Lives in Africa
It will connect millions of new customers with a bundle of clean energy, clean cooking, smartphones, smart financing and e-mobility products – many for the first time.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Upcycled Cacao Fruit Juice, Anyone? Investors Gave Swiss-Ghanaian Startup $15 Million to Scale Koa Pure
The upcycled cacao startup makes products from the fruit of the plant, and its latest investment round involves both returning and new investors.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Fintech Startup M-Kopa Expands West Africa’s Operations, Unlocks $10 Million in Digital Credit
The leading fintech platform expands its operations to Ghana, rapidly growing its reach on the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital inclusion, fintech, lending, scale, startups
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COP28: World Bank Unleashes $100 Million for Climate-Smart Agriculture in Africa
The World Bank’s International Development Association (IDA) is set to inject $100 million into the Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA) project between 2024 and 2025.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Why Consumer Goods Multinationals Are Fleeing Nigeria
Many of the largest companies in Nigeria, from cement producer Dangote to telecoms leader MTN, reported that the macroeconomic conditions had hit their earnings.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nairobi-Based Climate Tech Startup Amini Raises $4 Million Seed Funding Round
Founded by AI innovation and technology expert Kate Kallot, Amini is driven by its ambition to build the ultimate African environmental data collection and intelligence infrastructure.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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