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    How Jumia Uses Rigid Share Ownership Rules to Demand Loyalty and Performance from Its Managers

    Jumia, a Pan-African ecommerce company founded by Jeremy Hodara and Sacha Poignonnec, has implemented...

    Finally Leaving Your Startup? Here Are the Ways Other African Founders Have Done It

    In 2016, Mahmoud Nouh abandoned his ship building venture barely a year into it,...

    Optimal Strategies for Managing Your African Startup Pivot: Lessons from Over 40 Best African Startup Pivots

    Uganda’s Numida knew nothing would ever stop it from implementing its business model. It...

    Insights for African Startups: Analyzing the Closure of Zumi, a Kenyan E-commerce Platform

    Zumi, a Kenyan e-commerce site that sold non-food items, recently shut down after its...
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    Egypt Inflation Hits Swvl’s Bottom Line as Ride-Hailing Firm Reports $15m Loss

    Swvl has equally undertaken significant restructuring efforts under its Portfolio Optimization Program. This involved the sale of its Pakistani subsidiary for $20,000 in April 2023 and the liquidation of operations in Kenya, Jordan, and Malaysia.

    Egyptian Fintech BanknBox Plants Flag in Qatar Amid Regional Growth Push

    Gulf nations have actively cultivated more attractive environments for startups.

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    Egypt Inflation Hits Swvl’s Bottom Line as Ride-Hailing Firm Reports $15m Loss

    Swvl has equally undertaken significant restructuring efforts under its Portfolio Optimization Program. This involved the sale of its Pakistani subsidiary for $20,000 in April 2023 and the liquidation of operations in Kenya, Jordan, and Malaysia.

    Ivorian Fintech Bizao Placed Under Receivership Three Years After $8.6m Funding Round

    However, a visit to Bizao's website indicates that it is currently inaccessible.

    ‘We’re Different’: Kenya’s Craft Silicon Doubles Down on BNPL After Lipa Later’s Collapse and Staffing Spat

    Other players in the market include Safaricom’s Faraja, M-Kopa, Tala, and Branch, each with their own distinct approaches.