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Kenya’s Sokowatch Raises Further $2.5m Funding, Expands to Rwanda, Uganda
Kenyan startup Sokowatch, a B2B e-commerce platform supplying informal African retail stores, has expanded into Rwanda and Uganda after securing a further tranche of seed funding worth US$2.5 million in February.
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- Technology
- Region
- Sub-Saharan Africa
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Flipkart Launches ‘Samarth’ to Empower Indian Artisans, Weavers, Craftsmen
This move will open up national market access for these underserved communities.
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- Technology
- Region
- South Asia
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The Promise of e-Commerce in Africa Might Not Be Where We Think
E-commerce is often discussed in the context of consumers and customer satisfaction but for many investors and analysts most of their focus is spent looking under the hood—trying to understand how the retailer, which they really see as a logistics company, manages its supply chain.
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- Technology
- Region
- Sub-Saharan Africa
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MSMEs Are the Backbone of Developing Economies: New Research Shows How Digital Platforms Can Boost Their Impact
To keep pace with the growing youth population, 600 million new jobs must be created globally over the next 15 years. Micro, small and medium-sized enterprises (MSMEs) will be key to that effort, say Alina Kaiser at Caribou Digital and Annabel Schiff at the Mastercard Foundation’s FiDA Partnership. They explore how digital platforms can boost MSMEs in emerging markets, based on learnings from 27 micro-entrepreneurs in Kenya.
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- Technology
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In Fintech Race, Go-Jek App Extends Consumer Credit to Offline Stores
PayLater marks 'beginning' of more financial services for Indonesia's unbanked.
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- Finance
- Region
- Asia Pacific
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A Young Entrepreneur Is Building the Amazon of Bangladesh
Blending online and offline commerce, Deligram is one of a number of emerging startups in the country.
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- Technology
- Region
- South Asia
- Tags
- e-commerce
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This Senegalese Startup Opens Amazon, Jumia Up to Mobile Money
Senegalese startup Comparez is making it possible for users in nine African countries to order goods from e-commerce platforms like Amazon and Jumia and pay for them using mobile money.
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- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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Jumia Has Endured a Horror Week on the New York Stock Exchange Amid Fraud Claims
The main thrust of Citron’s report is centered on “material discrepancies” in Jumia’s S1 filing with the United States Securities and Exchange Commission (SEC) in March and a confidential investor presentation Jumia allegedly made six months earlier.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce