Supply chain & logistics
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Ampersand, Rwanda Secures US$3.5m Investment From VC Fund Ecosystem Integrity Fund
RWANDA – Electric motorbike company Ampersand Rwanda Ltd has secured a US$3.5 million investment from Ecosystem Integrity Fund (EIF), its largest-ever…
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Kwekwe-based Carmaker Secures US$1 mil Deal With US Firm
Hende Moto, a Kwekwe, Zimbabwe -based carmaker, has secured a deal with US-firm Max Sound Corporation which will see the…
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Kenyan E-mobility Startup Ecobodaa Secures Funding Round
Kenya Ecobodaa, which is working to roll out electric motorbike taxis, has raised a round of funding from Persistent Energy…
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PUMA joins forces with logistics startup Pargo to scale up its delivery option in Africa
Globally-renowned sportswear company PUMA has joined forces with local logistics startup Pargo to offer its customers a convenient way to pick up their orders…
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Africa’s first electric motorcycle company, Ampersand, lands $3.5 mn investment from EIF
Rwandan motorcycle company, Ampersand has landed a $3.5 mn investment from the Ecosystem Integrity Fund (EIF). The deal is the largest…
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Delivery startup, Kwik Delivery creates plugins for SMEs & E-commerce businesses
Kwik Delivery, an on-demand delivery startup, has launched Magento Version 1.0 of the Kwik Delivery plugin to allow large and…
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Ride-hailing company, Bolt, launches food delivery service, “Bolt Food” in Kenya
Ride-hailing company, Bolt has launched electronic-based food delivery operations in Nairobi, Kenya to give users access to a huge variety of…
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Jumia secures $400mn for operational expansion
Jumia, Africa’s first unicorn, and largest e-commerce company are selling 9 million American depositary shares (ADS) in a move to raise more…
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South Africa’s Car tech startup, Mazibuko Motors, unveils country’s first electric battery bakkie
Vereeniging-based car tech startup Mazibuko Motors has created the country’s first electric battery bakkie, the M1B Pick Up. The latest innovation is…
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Nigerian Ride-sharing service Shuttlers seeks funding for operational expansion
Shuttlers, a Lagos-based ride-sharing service, is seeking to raise US$1.5 million by the end of the second quarter to expand…
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