MoboFree raised significant growth funding from Netherlands based eVentures Africa Fund (eVA Fund) in order to expand its local presence in Lagos and Accra through new offices in East Africa and for marketing investments.
12 Feb 2014 16:12
The most recent International Monetary Fund regional economic outlook for sub-Saharan Africa projects an accelerated GDP growth of 6% in 2014 from around 5% in 2013.
By Nick Schilperoort 7 Feb 2014 08:28
India's first mall management company, Beyond Squarefeet, is to manage 'Ado Bayero Mall', described as the first ultra-modern shopping mall in Kano, northern Nigeria, and the largest mall in the country.
5 Feb 2014 10:08
Nigerian e-commerce firm Jumia has won the best Online Retail Brand of the Year award at the Brand Journalists Association of Nigeria (BJAN) Awards.
By Paul Adepoju 31 Jan 2014 09:58
Global brewing company SABMiller's Nigerian subsidiary‚ Intafact Beverages‚ is to expand its brewery in Onitsha‚ south-eastern Nigeria.
24 Jan 2014 10:22
Shoppers are always on the lookout for ways to save on their purchases. One method that they find effective is the use of daily deal coupon codes and promo codes.
By Matthew Samuel 2 Jan 2014 11:55
Investment interest has grown in Africa's frontier markets this year and the region is set to become a key battleground for the luxury goods industry.
By Zeenat Moorad 27 Dec 2013 10:57
Broll Nigeria says that despite Woolworths canning its three-store pilot project in the country, citing a mismatch with the consumer and climate, this should not deter South African retailers from profiting in Nigeria.
13 Dec 2013 12:26
Nigeria is not "business as usual" for new entrants to the market - but for global e-commerce providers there are many opportunities...
By Robin Philip 19 Nov 2013 14:50
Africa's growing middle class has expensive tastes and research by Bain & Company suggests that luxury goods sales will increase by 11% this year - demonstrating the continent's potential for upmarket goods.
By Zeenat Moorad 5 Nov 2013 09:50
Africa is characterised by huge diversity in payment methods and preferences, which means every region or country needs to be approached as a distinct market. Anybody who tries to do e-commerce in Africa offering only global payment methods is setting up for failure.
By Peter Harvey 31 Oct 2013 12:11
When it comes to international surveys, African brands have some way to go in realising their full potential.
By Chris Human 13 Sep 2013 07:30
According to a report on Yaga Entertainment via ValueWalk, retailer, Walmart, is planning on opening up at least 90 stores in Sub-Saharan Africa over the next three years.
26 Aug 2013 11:09
African markets to the northern parts of SA are proving lucrative for local fruit and vegetable retailers, with business accounting for at least 10% of turnover for the sector.
By Shannon Sherry 16 Aug 2013 11:15
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