Food service, Retail, E-commerce
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Algerian super app Yassir clinches US$150 million Series B funding for expansion
ALGERIA – Yassir, an Algerian multi-sided marketplace offering on-demand services such as ride-hailing, food and grocery delivery, banking and more, has raised US$150 million in…
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Jumia’s founders Jeremy Hodara, Sacha Poignonnec step down as company Co-CEOs
AFRICA – Africa’s leading eCommerce and logistics company, Jumia, has undertaken a major reshuffling of its executive leadership following the resignation of its two Co-CEOs…
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Lidl GB to shift semi-skimmed milk container lids from green-color to clear for easy recycling
GERMANY – International discount retailer chain in Germany, Lidl GB, will be permanently switching its green-colored milk lids to clear ones for semi-skimmed milk after…
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Ecommerce platform Sharwa completes US$2m pre-seed investment to build its platform
EGYPT – Sharwa, a social ecommerce platform, has announced the completion of a US$2 million pre-seed investment round to further build the technological platform and…
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Shoprite invests in local data startup Omnisient, Pick n Pay allows crypto payments at its stores
SOUTH AFRICA – The Shoprite Group has joined a group of companies, led by Buffet Investments and KLT, to invest in South African data-collaboration platform…