HEADLINES
Egyptian qcommerce platform Appetito buys Lamma for over $10 million
Appetito the Egyptian platform that delivers groceries and household products to customers from 11 dark stores across different cities. Appetito is ac
Appetito the Egyptian platform that delivers groceries and household products to customers from 11 dark stores across different cities. Appetito is acquiring Lamma, an identical startup with operations in the Maghreb regions of Tunisia and Morocco. Appetito has acquired Lamma, the Moroccanbased qcommerce platform with operations in Egypt, Morocco and Tunisia. The Lamma team, its three dark stores and distribution centre will be integrated into Appetito as both teams explore lots of synergies. Appetitos acquisition of Lamma is a first in the African market, albeit among small players. the companys aim is quality and affordability over speed and convenience is one of the reasons Appetito CEO Mokhtar is confident in the companys continuous growth. B2B Tech News | 2 years ago
Google is planning to develop first product development centre in Africa
Google is opening its firstever Africa product development Centre in Kenyan capital Nairobi. The company invested $1 billion in various projects on th
Google is opening its firstever Africa product development Centre in Kenyan capital Nairobi. The company invested $1 billion in various projects on the continent over five years. Google is also hiring engineers, product managers, and researchers to staff the new Centre. It has already inaugurated an artificial intelligence Centre in Ghana, with the aim of innovations that can be applied to various challenges. Microsoft has also been investing in technology development hubs in Kenya and Nigeria, investing $100 million and hiring engineers. B2B Tech News | 2 years ago
Salesforce sign s partnership with TikTok
Salesforce, an American cloudbased software company, has registered a partnership with TikTok to make it easier for Commerce Cloud dealers to engage w
Salesforce, an American cloudbased software company, has registered a partnership with TikTok to make it easier for Commerce Cloud dealers to engage with the TikTok community. Merchants can now easily add and launch TikTok as a new sales channel within Salesforce Commerce Cloud. This partnership presents an opportunity for businesses to understand todays social shoppers and curate highly personalized content for TikToks 1 billion monthly users The partnership will enable merchants to seamlessly and efficiently build their presence on TikTok. Nearly one in 10 purchases can now made on social media, and the number is only increasing. B2B Tech News | 2 years ago
Customers will be able to use Telebirr Digital Payment Services implemented by Ethio Telecom and Hybrid Designs PLC.
Ethio telecom and Hybrid Designs PLC have registered a contractual agreement that would enable the customers access to telecom products and services t
Ethio telecom and Hybrid Designs PLC have registered a contractual agreement that would enable the customers access to telecom products and services through Ride transport service. The newly emerging telebirr digital payment system is an easy, fast, convenient, and secure transaction platform for the settlement of any service payments. The contractual agreement registered between the two companies is mainly aimed at integrating telecom and telebirr services with the RIDE transport service platform to meet the evergrowing demand of the customers for telecom products and services. Telebirr has been very successful mainly because of its simplicity of use. As the platform is widely preferable in the society for emoney payments, over 18.7 billion birr transactions have been made so far. B2B Tech News | 2 years ago
Zuri Health Sets Aside $1.3 Million for Africa Expansion
Kenya primarily based startup Zuri Health providing mobilebased care has received $1.3million investment to expand across Africa. Zuri Health connects
Kenya primarily based startup Zuri Health providing mobilebased care has received $1.3million investment to expand across Africa. Zuri Health connects massmarket patients with care services via SMS, WhatsApp, and an obsessive app. the corporate has partnered with 16+ major mobile network operators in seven African countries. Zuri Health was launched by Ikechukwu Arthur Anoka and flower Isiah. Africa bears twenty fifth of the worlds sickness burden however solely two of its doctors, consistent with World Economic Forum. every doctor in African country would want to serve around five,300 patients annually to satisfy the countrys demand for care. Zuri Health plans to use this investment to any build out its digital platform and launch operations in new markets. B2B Tech News | 2 years ago
Mustard is launching an ideastage investment vehicle to establish global brands for audiences in africa
Mustard has disclosed the launch of his $4m investment vehicle to build narrativeled technology ventures from the very start with likeminded founders
Mustard has disclosed the launch of his $4m investment vehicle to build narrativeled technology ventures from the very start with likeminded founders and investors. Mustard will play the role of both investor and builder from the earliest stage possible in its new model. Mustard is a new venture agency that aims to provide its investors with VCtype returns in five years, rather than the typical 10year returns approach of African VCs. Mustards ideastage funding strategy is unique, demonstrating why a range of approaches is necessary for a growing startup ecosystem. B2B Tech News | 2 years ago
Digital Collectables platform Ayoken rises $1.4 million to develop Africa’s first NFTs marketplace
Ayoken the firstever platform which offers to buy digital collectibles and tokens from artists, sports brands, musicians, and influencers in Africa ha
Ayoken the firstever platform which offers to buy digital collectibles and tokens from artists, sports brands, musicians, and influencers in Africa has announced the launch of its first NFT marketplace by raising $1.4 million in its preseed funding round. Some Investors which participated in the round were Texasbased Kon Ventures and Europeanbased Venture Capital. The main idea is to build the worlds leading NFT Marketplace which will serve and partner with both listA and emerging musicians and celebrities throughout Africa. The funds will be utilized to develop the platform and create more opportunities for growth such as secondary marketplaces The market for nonfungible tokens NFTs is catching up to that of the traditional art market. NFTs are digital pieces of art tied to blockchain technology. In 2020 the NFT market was valued at just over $250M, according to Chainalysis. B2B Tech News | 2 years ago
Coinbase extends hiring pause for ‘foreseeable future’ and plans to rescind some offers
Coinbase has lost quite seventieth of its price this year because the sale in cryptocurrencies combined with economic turmoil has spurred a decline in
Coinbase has lost quite seventieth of its price this year because the sale in cryptocurrencies combined with economic turmoil has spurred a decline in users and shrinking revenue. the corporate will be propulsion some accepted job offers. The extended hiring pause can embody backfills, apart from roles that square measure necessary to satisfy the high standards we tend to set for security and compliance, company says. B2B Tech News | 2 years agoGet The News to use newsletter to
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1. Global online sales are predicted to reach 22% of all retail sales in 2023.
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2. Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3. Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4. Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5. Approximately 8 billion gadgets connect on the internet every day.
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