FMCG

Rensource-spinoff Sabi closes $6M bridge round, expands B2B retail platform outside Nigeria

Nigeria’s informal trade sector, worth over $244 billion, has more than 40 million micro, small and medium businesses. Most of these businesses operated offline until a few years ago when startups b

Consumables dominate Jumia’s sales as buyer habits change

NYSE-listed e-commerce platform Jumia experienced a shift in shopping habits across its markets in Africa last year, as more shoppers bought everyday products as opposed to electronics. Shopping for e

GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent

Sari-sari stores are neighborhood stores in the Philippines that usually sell daily necessities and sometimes serve as community hubs, too. Today GrowSari, a startup that is digitizing sari-sari store

Singapore-based Nimbly gets $4.6M to help businesses automate their standard operating procedures

Many work teams, especially stores and restaurants, rely on manual spreadsheets to ensure their operations are running smoothly. Based in Singapore, Nimbly develops software that automates more of tha

Kenya’s Twiga Foods eyes West Africa after $30M raise led by Goldman

Kenya’s Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs. The B2B food distribution company financed $6.25 million of the funding in debt and $23.75

London Startup CheckoutSmart, A Grocery Cashback App Similar To Groupon’s Snap, Scores £1.5M Funding

London-based <a target="_blank" href="http://www.checkoutsmart.com">CheckoutSmart</a>, a cashback app for UK supermarket shoppers -- and <a href="https://techcrunch.com/2014/10/02/after-quietly-acquir