Posted inBusiness Entrepreneurship Picked for you African Genomics Company Cuts Workforce Amid Market Challenges Posted by BTDs August 29, 2022 African genomics firm 54gene has reduced its workforce by 95 employees, representing roughly 30% of…
Posted inBusiness Picked for you Start Up Nigerian B2B Platform Secures $15M to Boost Retail Operations and Expand Regionally Posted by BTDs August 19, 2022 Omnibiz, a Lagos-based B2B e-commerce platform, is redefining retail distribution in Africa. By digitizing supply…
Posted inBusiness Picked for you Start Up Google’s Strategic Investment in Lori Systems: Strengthening Africa’s Logistics Sector Posted by BTDs August 16, 2022 Lori Systems, a leading African logistics and trucking company focused on digitizing haulage, recently secured…
Posted inBusiness Picked for you Start Up Nigerian Platform Pastel Secures $5.5M to Digitize Small Business Operations Posted by BTDs August 15, 2022 In Nigeria's bustling traditional retail sector, a vast ecosystem worth over $200 billion, digitization is…
Posted inBusiness Picked for you Start Up Kenyan Retail Platform Marketforce Restructures Operations with Layoffs Posted by BTDs August 11, 2022 Kenyan-based retail B2B and distribution platform Marketforce recently announced a major restructuring, which included a…
Posted inBusiness Picked for you Jumia’s Q2 Surge: How Africa’s E-commerce Giant is Winning Despite Economic Challenges Posted by BTDs August 10, 2022 African e-commerce company Jumia experienced a significant boost in its stock price following the release…
Posted inBusiness Picked for you African Data Firm Bluechip Technologies Expands to Europe, Targets Telcos and Banks Posted by BTDs August 8, 2022 African enterprise solutions provider Bluechip Technologies has launched operations in Europe, aiming to bring its…
Posted inBusiness Picked for you Tackling Africa’s Electricity Distribution Challenges: Beacon Power Services Secures $2.7M Seed Funding Posted by BTDs August 5, 2022 Access to electricity remains a significant challenge in Sub-Saharan Africa, where 77% of the global…
Posted inBusiness Lifestyle Picked for you Amazon Prime Video Expands to Nigeria with Localized Service Posted by BTDs August 4, 2022 Amazon Prime Video has officially launched its localized streaming service in Nigeria, aiming to cater…
Posted inBusiness Picked for you Start Up Youverify Secures $1M Seed Extension to Boost Compliance and Identity Verification Across Africa. Posted by BTDs August 2, 2022 In recent weeks, several African fintech firms have faced scrutiny over compliance issues and fraud…