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Jumia reports 30% growth in value of goods sold on its platform during Black Friday season this year

TechCrunch

As the number of those connected to the internet grows, and shoppers increasingly opt to buy goods online, e-commerce platforms are set to experience a spike in the number of orders made and the value of goods bought — as happened recently with Jumia.

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Algeria’s Yassir picks up $30M to build a super app in North Africa

TechCrunch

at Stanford and spending most of his professional life in Silicon Valley working at various companies, CEO Noureddine Tayebi returned to Algeria to get involved in the country’s nascent tech scene to start a company and build technical talent in the Maghreb region (Algeria, Morocco and Tunisia). After earning a Ph.D.

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Flutterwave and PayPal collaborate to allow African merchants to accept and make payments

TechCrunch

Flutterwave hopes to roll out this service to individual merchants on the platform as well. . So despite having the largest payment infrastructure in Africa, we want to have arguably all the important payments systems in the world on our platform.” This is a pain point for these businesses, particularly in Nigeria.

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Asset financiers to the rescue as Bolt plans to sign-up 200,000 new drivers in Africa to meet growing demand for ride-hailing services

TechCrunch

“We are having to find ways to really attract as many drivers as we can… like make their earnings potential as good as possible so that we can bring people (drivers) onto our platform…to solve this issue around access to cars.”. On EVs, the focus at the moment is on the four-wheelers, where the adoption is still slow owing to the hefty costs.

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Francophone African super app Gozem grabs $5M to expand and offer more services

TechCrunch

As the pandemic hit, the platform halted its geographic expansion moves and went vertical. And when we do this, we increase their disposable income by sending them more passengers, more delivery trips by adding more merchants on our platform and finding companies that want to use delivery services.

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