This acquisition is part of HostAfrica’s broader strategy to dominate the African web hosting market. The company has been acquiring various local hosting companies to expand its network. Since its inception in 2015, HostAfrica has acquired several companies.
Egypt's Cmiles CX is known for its innovative use of kiosks to gather real-time customer feedback at physical touchpoints, offering valuable insights into customer interactions.
Zeelo, a US-based company that launched its South African operations in 2019, has decided to exit the market to focus on its core markets in the US, UK, and Ireland.
As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.
Temu’s expansion comes less than a year after Jumia Technologies AG, often dubbed the “Amazon of Africa,” shut down operations in South Africa and Tunisia.
As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.
