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Fintech

Stanbic IBTC to inject ₦4 billion into fintech subsidiary, Zest

This is indeed cherry news for Zest, which is lagging behind peers like GTCO’s fintech subsidiary, HabariPay, and Access Holdings' fintech, Hydrogen.

Analysis

African e-commerce giant Jumia shares plunge as competition intensifies

With Amazon expanding to Egypt and Temu taking on Nigeria, Jumia's chances of success are reliant on its nine markets concentrated in West and East Africa.

News

Palmpay partners Jumia to boost e-commerce payments in Nigeria

This partnership has the potential to boost transaction volumes for PalmPay, a strong competitor to JumiaPay, Jumia's fintech arm

Insider

Condia Insider: Temu’s bold step into Nigeria’s eCommerce market

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.

News

Temu enters Nigeria. How will it survive where others like Jumia have struggled?

Nigerians love affordability, but the real question is: can Temu outpace homegrown giants like Jumia and Konga?

News

OmniRetail expands fulfillment network, with 50 warehouses across Nigeria

OmniHub Franchise will assist business owners in starting their FMCG distribution business.

News

SA online shoppers protest imminent import tax duty regulation

Consumers are petitioning a gov't-introduced tax on eCommerce imports coming into effect on July 1, 2024.

Events

The Hague Institute for Innovation of Law set to commence applications for the annual Innovating Justice Challenge

The Justice Accelerator is HiiL’s flagship innovative programme that funds, trains, and coaches a global cohort of justice startups.

News

Klasha’s new e-commerce integrations: Squarespace and Weebly

Klasha is investing heavily in building a library of e-commerce integrations and plug-ins to allow more global merchants to access African consumers seamlessly.

Zero to Scale

Zero to Scale: Abdoul Kadry Diallo — Co-founder & CMO at ANKA

In this edition, Abdoul Kadry Diallo — co-founder & CMO at ANKA talks about ANKA's growth story, the importance of hiring a CTO and the e-commerce landscape in Africa.

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