senegal News of 10/15/19
Why This Nigerian Fintech Startup Is Volunteering Audited Financials
Nigerian fintech firm Carbon — an early stage financial services startup based in Lagos — has posted financials audited by KPMG on its website. This comes four months after the company obtained a credit rating as a pre-IPO venture. Carbon ...
Africa Roundup: Yamaha Backs MAX, Founders Factory And Norrsken Support Startups, Inside Ethiopia’S Tech Scene
Competition in Africa’s two-wheel ride-hail market is accelerating. Nigerian motorcycle transit startup MAX.ng was the latest startup to add funding, raising a $7 million funding round in June with participation of Japanese manufacturer ...
DHL Launches Africa EShop App For Global Retailers To Sell Into Africa
DHL is launching an e-commerce app called DHL Africa eShop for global retailers to sell goods to Africa’s consumers markets. The platform goes live today and brings more than 200 U.S. and UK retailers—from Nieman Marcus to Carters—online ...
Africa Roundup: Jumia Files For IPO, OneFi Acquires Amplify, FlexClub Expands In Mexico
Less than a decade ago IPOs, acquisitions, and global expansion by African startups were more possibility than reality. March saw all three from the continent’s tech scene. Pan-African e-commerce company Jumia filed for an IPO on the New York ...
Dakar Network Angels Begins Startup Investments In Francophone Africa
The Dakar Network Angels network launched this month, making its first investment in francophone Africa to cleantech venture Coliba . The Ivorian startup—that uses a mobile app to coordinate waste recycling—will receive mentorship and a minimum ...
Nigerian Fintech Startup OneFi Acquires Payment Company Amplify
Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount. OneFi will take over Amplify’s IP, team, and client network of over 1000 merchants to which Amplify provides payment ...