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Tiger Global is earning its stripes in Africa
You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year,
Nigeria’s Autochek acquires Cheki Kenya and Uganda from ROAM Africa
Nigerian automotive tech company Autochek announced today the acquisition of Cheki Kenya and Uganda from Ringier One Africa Media (ROAM) for an undisclosed amount. Per a statement, Autochek will final
Jiji raises $21M for its Africa online classifieds business
Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria-based venture, co-founded by Ukrainian entrepren
MallforAfrica and DHL launch MarketPlace Africa global e-commerce site
MallforAfrica and DHL are giving African merchants a global stage. This week the online retailer and delivery giant launch MarketPlaceAfrica.com: an e-commerce site for select African artisans to se
Nigeria’s Cars45 closes $5M round to digitize Africa’s used autos markets
Jake Bright Contributor Share on Twitter Jake Bright is a writer, author and advisor with a focus on global business, politics, and technology. From 2017 to 2020, he was a contributing writer and advi
Africa Roundup: eBay expands, Ushahidi upgrades, Africa Internet Group rebrands
Foreign and African companies continue to make moves as the tech sector continues its growth on the continent.
Africa Roundup: DealDey Acquisition Creates VC Exits
The DealDey acquisition marks continued outside investor confidence in the value proposition for African e-commerce—expected to top $75 billion by 2025, according to McKinsey Consulting.
Nigerian e-commerce site, DealDey, gets acquired by Ringier
Ringier Africa Deals Group, a joint venture between Swiss Ringier Africa AG and South African Silvertree Internet Holdings Ltd., acquired Nigerian online shopping startup DealDey for an undisclosed am