Tag: e-commerce

Jiji expands beyond Africa with Bangladesh’s Bikroy acquisition deal
BusinessTechnology

Jiji expands beyond Africa with Bangladesh’s Bikroy acquisition deal

Jiji, the Lagos-based classifieds marketplace, has acquired Bangladesh’s Bikroy in a move that extends its business beyond Africa for the first time. The deal comes just 13 months after Jiji entered Bangladesh, where it positioned itself as a direct competitor to Bikroy and other local platforms.  Chief executive Anton Volianskyi said the transaction was financed through internal resources and shareholder…

Oluwatosin Alao Oluwatosin Alao
Hot NewsTechnology

Jumia posts $818.6 million merchandise sales in 2025

Jumia records $818.6 million in 2025 merchandise sales, boosting revenue and narrowing losses as Africa’s top e-commerce platform grows.

Omokolade Ajayi Omokolade Ajayi
PayPal commits $100 million to expand digital services and support entrepreneurs in Africa and the Middle East.
BusinessTechnology

PayPal invests $100 million to grow digital reach in Middle East  and Africa

At a Glance PayPal Holdings is expanding its footprint across the Middle East and Africa with a $100 million investment aimed at driving digital innovation, supporting entrepreneurs, and widening access to online commerce.  The move highlights the company’s growing focus on regions experiencing rapid growth in digital payments and e-commerce. The investment will be deployed through a mix of minority…

Oluwatosin Alao Oluwatosin Alao