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Tag: Jumia


Troubled Rocket Internet goes live with classifieds website in Zimbabwe

It has been a while since we have written about Rocket Internet in Zimbabwe or their wider African operations. That doesn’t mean they haven’t been active. A lot has happened at the startup clone factory in the past several months; from the plummeting of their share price¬†following loss of confidence in their business model, to […]


Rocket Internet’s Lamudi raises $18 million. How will that trickle down to Zim?

Lamudi, the online property listings company that set up offices in Zimbabwe sometime last year has managed to raise $18 million in funding. This capital will be used for revenue and market share development funding for the global group. According to report on TechCrunch, the capital was raised from Asia Pacific Internet Group. This is […]


We’ve figured out payments, so what’s next for Zim e-commerce?

Last Saturday Paynow, a local e-payments integration service, hosted a developers’ day at the Hypercube Hub. The event was attended by several developers and designers with some of them eager to integrate Paynow with their online services. Matthew Hood, the technical lead at Paynow, was pleased with the turnout at the Developer day, largely because […]


Assessing Africa’s readiness for multi-million dollar tech startup deals

Successes in startups have always been the stuff of fantasies. Seemingly simple ideas that are meant to solve some basic problems have turned some people into seriously wealthy individuals. This has been the trend at least in more advanced tech ecosystems such as the famed Silicon Valley. The formula has been used by startups from […]