Tech

Emaar Malls lockhorn with Amazon to acquire Souq
Tech

Emaar Malls lockhorn with Amazon to acquire Souq

The battle is on for the acquisition of Souq, a Dubai-based eCommerce company that was valued at USD1 billion. Emaar Malls PSJC, a unit of Emaar Properties PSJC, Dubai’s largest real estate company said has been linked to a counter negotiation to acquire Souq. Earlier this week, Amazon disclosed it […]

Kenya sells M-Akiba, the world first mobile bond sale
Tech

Kenya sells M-Akiba, the world first mobile bond sale

Kenya has started selling M-Akiba, a government bond that will be sold exclusively via mobile phones, a first of its kind aimed at expanding the pool of investors in a country that needs money for infrastructure projects and where many people don’t have a bank account. The three-year bond, (M-Akiba) can […]

Indian Flipkart raises USD1 billion from Tencent
Tech

Indian Flipkart raises USD1 billion from Tencent

It is very likely that Flipkart, an Indian homegrown eCommerce company must have raised about USD1 billion from Tencent Holdings. Speculative reports also stated that Flipkart might be closing to raising an extra USD1 billion in the coming months. People familiar with the matter claimed the new funding round was […]

Google Data Studio is now available in Nigeria
Tech

Google Data Studio is now available in Nigeria

If your are an analytics buff, you will be excited to know that Google Data Studio is now available for all Google Analytics users in Nigeria. In an email statement sent to all Google Analytics users who put in for the beta version, Google said: “Turn your data into beautiful, […]

ecommerce
Tech

Rocket Internet’s Jumia has 6,000 active merchants

Jumia, a Rocket Internet eCommerce company in Nigeria has about 6,000 active merchants on its platform. The disclosure was made in a television interview with Juliet Anammah, monitored, its CEO for the Nigerian unit of the company. According to her, there are over 30,000 registered merchants on the platform. The […]