Business articles


Former Jumia Co-founder, Raphael Afaedor Announces His New Venture

Former Jumia Co-founder, Raphael Afaedor Announces His New Venture

Raphael Afaedor, the former co-CEO of JUMIA Nigeria who officially left the Rocket Internet-backed e-commerce company in January 2014, is finally breaking his silence today with the announcement of a new venture.


The Awareness And Usage Of Mobile Money Remains Low in Nigeria [REPORT]

Since the Cash-less Policy was introduced in Nigeria in March 2012, the landscape for digital financial services such as mobile money, card payments and electronic funds transfers has changed rapidly, but the awareness and usage of these services remain low, according to a new study by EFInA and InterMedia.


iROKOtv Raises Additional $8 Million In “Series D” Funding From Kinnevik and Rise Capital

Just about a year since it raised $10 million in Series B and Series C funding from US-based Tiger Global and Sweden-based Kinnevik, iROKOtv, the world’s largest distributor of African movie content online has secured an additional round of $8 million.


Konga Offering Black Friday And Cyber Monday Deals As Prices #FallYakata

In what it calls the biggest sale in Nigeria ever, the company revealed that consumers who purchase products during this period would be making massive savings on items across all categories including electronics, gadgets and clothing.