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Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

TechCrunch

But since the unicorn changed its business model to a pure marketplace focusing on senior developers, other platforms such as AltSchool Africa are trying to fill one of the gaps it left: training people to become junior to mid-level engineers. The company’s model is akin to BloomTech’s (formerly Lambda School).

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South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone

TechCrunch

They employed a business-to-customer model where Qwili sold these devices to individual users who used the platform’s digital wallet to buy value-added services. That’s how we ended up with this agent model: essentially people using the device and the software to sell to others instead of buying services for themselves.”.

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Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

TechCrunch

More on the latter, Akinin said he’s betting that the wallet system can provide a more sustainable alternative to the popular BNPL model that other platforms are offering to merchants. “I His bias comes from experiencing defaults when JABU tried the BNPL model in the past. I think buy now, pay later is an optical illusion.

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