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 […]
Crop2Cash, an agritech solution provider for small farm holders has won the Lagos edition of this year’s Seedstars pitch event. Seedstars is the world’s largest startup competition for innovators from emerging markets. The competition focuses on startups with impactful innovations. This year, Seedstars regional events will be held in over 80 cities globally. At the […]
Africa-focused e-commerce company, Jumia has released its financial report for the second quarter (Q2) of 2019. This is the company’s second financial report since it became a publicly-traded company, and there are a lot of sides to the earnings report. Here’s what we know.
The AfCFTA faces many hurdles on its road to success and a crucial one is the rule governing rules of origin: an important but complicated topic that has implications for manufacturing businesses.
Gokada, the popular bike hailing startup, has stopped all mobility operations for the next two weeks. In a Medium post, CEO Fahim Saleh, announced that the Gokada app will be temporarily disabled and all bikers will be off the road during this period.
Nigeria-based OPay has closed a new $50 million funding round, the largest for any Nigerian tech startup so far in 2019. The company will use the new funding to deepen its roots in the Nigerian market for all its digital businesses including ORide and OFood. It also has plans to expand to other African markets.