An online marketplace, Africa Medical Supplies Platform (AMSP), has launched to provide the purchase, volume aggregation, quota management, payment facilitation as well as logistics & transportation of COVID-19-related medical equipment across the African continent. The project is a collaborative effort between Janngo—the social startup studio founded by former Jumia Chief Executive Officer (Ivory Coast) Fatoumata […]
Flutterwave has launched an ecommerce product in a show of ambition to expand use cases among existing and new merchants. It is called Flutterwave Store and is designed to enable small businesses to have an online directory for displaying and taking orders for their products. Users can upload products, set prices and, in some cases, […]
View this email in your browser A TechCabal roundup of the impact of the coronavirus pandemic on tech & innovation in Africa APRIL 19, 2020 This newsletter is a weekly special focused on the effect of the novel coronavirus, COVID-19 on African tech and innovation ecosystems. Subscribe here to get it directly in your inbox every […]
Jumia’s new aggressive drive towards profitability over growth has a new casualty: its hotel and flight services vertical Jumia Travel will be offloaded, effective immediately. “We have decided to enter into a partnership with our partner, Travelstart. While we will continue to promote the Travel category, Travelstart will be responsible for the operational side of […]
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 […]
Thanks to scandals, the e-commerce company has had a rocky year since it listed on the New York Stock Exchange in April. But its Q3 report is a bit of a mixed bag.