In this letter, we explore:
- Temu’s big entry to Nigeria
- Namibia orders Starlink to cease all operations
- M-Kopa to hit 400m revenue by year-end
We also curated updates on startup funding in Africa, weekend reads, and several opportunities.
The big three!
Temu’s big entry to Nigeria
Chinese e-commerce platform Temu has officially launched in Nigeria, bringing its affordable, factory-direct consumer goods to the country. With a far-reaching marketing campaign and a rapidly expanding global presence, Temu seeks to capture a share of the Nigerian market, competing directly with established e-commerce platforms like Jumia.
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Last updated: December 2, 2024
