startups

Founded in 2017, Muster is a shared housing marketplace. It wants to fix this rental problem by using technology to match people with flexible rental and affordable options.

Nigeria could be joining the number of countries introducing digital taxes. The recently signed Nigerian Finance Bill quietly gave the Minister of Finance full powers to impose digital taxes in Nigeria. On Monday, January 13, Nigeria’s President Muhammadu Buhari signed the Finance Bill 2019 [PDF]. Essentially, the bill amends several portions of the Nigerian tax […]

Jiji, the Nigeria-based classifieds listing company, has raised $21 million Series C funding from six investors. The round was led by Knuru Capital, an Abu Dhabi-based venture capital fund that focuses on late-stage companies. Founded in 2014 by Ukrainians Anton Wolyansky and Vladimir Mnogoletniy, Jiji is one of the biggest classifieds listing company in Africa. […]

Jumia has shut down its e-commerce business in Tanzania. Users in the country will no longer be able to buy and sell goods from the retailer’s website, Jumia.tz. In a statement to TechCabal, Jumia said its Tanzanian exit is “part of ongoing portfolio optimization efforts.” “While Tanzania has strong potential and we’re proud of the […]

There’s an ongoing shakedown in Lagos’ bike-hailing industry. While many believe that it’s all about the money, the unions have a different explanation.

After months of bickering, bike-hailing companies have finally reached an agreement with the National Union of Road Transport Workers (NURTW) and Road Transport Employers’ Association of Nigeria (RTEAN), two of the biggest road transport unions in Nigeria. According to sources privy to the discussions, riders affiliated with these startups will buy a ₦500 ($1.38) daily […]