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Sky.Garden, a Kenyan e-commerce firm, has raised $4 million in a Series A funding round
Sky.Garden raised US$1.2 million in seed funding in 2018, and it has now secured US$4 million in a Series A...
Read moreFatura, an Egyptian B2B e-commerce marketplace, has raised $3 million in a pre-Series A fundraising round
Fatura, a B2B e-commerce portal, has raised $3 million in a pre-series A round of funding. Sawari Ventures and Arzan...
Read moreTejarra, an Egyptian e-commerce platform, has raised a six-figure seed round
Tejarra, an Egyptian electronics e-commerce platform, has received a six-figure seed investment from venture capital firm Openner, according to the...
Read moreOpontia raises $20 million in a seed round to acquire and expand Middle Eastern and African e-commerce brands.
In a seed round, Opontia, a Dubai-based business that acquires and expands e-commerce companies, raised $20 million in debt and...
Read moreHomzmart, an Egypt-based marketplace platform, has raised $15 million in a Series A funding round to help it expand
Homzmart, a furniture and home goods marketplace platform in the Middle East, has closed a US$15 million Series A funding round...
Read moreJeff Bezos sells $2.5 billion worth of Amazon stock
After offloading more than $10 billion worth of shares in 2020, Jeff Bezos sold around $2.5 billion worth of Amazon...
Read moreMastercard and Kasha Reinforce Their Commitment to Women’s Empowerment and Micro-Entrepreneurship in Africa
With an investment in Kasha Global Incorporated, Mastercard has deepened its partnership with the purpose-driven ecommerce platform. The companies will...
Read moreAfrikrea, an Ivory Coast-based tech startup, has launched ANKA, an all-in-one SaaS solution for payments and online shipping services
As it continues to power e-commerce for Africa, Afrikrea, the e-commerce platform for "all things made of Africa," is launching...
Read moreJumia Ghana has appointed Tolulope George-Yanwah as its new CEO
Tolulope George-Yanwah has been appointed as Ghana's new Chief Executive Officer by Jumia, Africa's leading eCommerce platform. Tolulope George-Yanwah succeeds...
Read moreIn a record-breaking first quarter, Amazon surpasses $100 billion in revenue
Despite the COVID-19 pandemic, Amazon had a fantastic year in 2020. As the pandemic continued to accelerate Amazon's online business, the...
Read moreFacebook CEO, Mark Zuckerberg has announced new ways for Instagram creators to make money
On Tuesday, Facebook CEO Mark Zuckerberg revealed new features that Instagram is working on to help Instagram creators make more...
Read moreConsumers spent almost $900 Billion more online in 2020 – Mastercard reports
According to Mastercard latest Recovery Insights report, consumers spent nearly $900 billion at online retailers in 2020 as Covid-19 forced...
Read moreThe Big 5
