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Zambian Construction E-Commerce Startup Bosso Raises $400,000 Pre-Seed Funding
Zambian startup Bosso is a cutting-edge construction e-commerce platform aimed at delivering solutions for the African construction.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, housing, startups
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Amazon Buys Indian Video Streaming Service MX Player
Amazon is acquiring some assets of MX Player, but not the entire firm, which also counts Tencent among its backers.
- Categories
- Technology
- Region
- Asia Pacific
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Kenya’s Copia Mulls Shutdown Amid Plans to Lay Off Over 1,000 Staff
The layoffs would be a drastic cost-cutting measure for the company.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, e-commerce, employment, failure, startups
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Amazon Takes its E-Commerce Machine to Africa
Amazon rolled out its online shopping service in South Africa, marking the U.S. giant’s entry into Africa’s e-commerce space.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- corporations, e-commerce
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Maad Raises $3.2M Seed Amid B2B E-Commerce Sector Turbulence in Africa
Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the wider Francophone region.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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Fship Ties up With India Post for Last-Mile Delivery of E-commerce Products
The collaboration will benefit Direct-to-Consumer (D2C) startups as well as small and medium businesses across India by enhancing last-mile delivery services for e-commerce products, the company said.
- Categories
- Technology
- Region
- Asia Pacific
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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Accelerating Africa’s E-Commerce Revolution: A SaaS Solution Leverages Payment and Logistics Innovation to Unleash the Continent’s Entrepreneurial Potential
Africa’s e-commerce landscape is in the midst of an ongoing revolution, as the growth in internet access has enabled businesses across the continent to sell their products locally, regionally and globally. Moulaye Taboure at ANKA explains how his company is leveraging “Software as a Service” (SaaS) innovation to connect these businesses with consumers, while providing payments and logistics services geared toward their unique needs. He shares highlights from a recent ANKA whitepaper that outlines key trends and developments in African e-commerce.
- Categories
- Finance, Technology
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