Tag Archives: Rocket Internet
Rocket Internet: Latest News
Dana Sanchez, 5:37 pm
There’s lots of talk in Africa regarding support for small business and start-ups, but governments and related institutions, not to mention commercial banks across Africa, play minimal roles in helping small businesses. Crowdfunding takes the politics out of getting funded.
Dana Sanchez, 2:23 pm
One market research company suggests that Nigeria, Africa’s most populous country, will almost triple its online purchases in three years to more than $1 billion by 2014.
Steven J. Smith, 9:00 am
Online retailer Jumia, which is present in the African countries of Morocco, Egypt, Kenya, South Africa and Nigeria, has set its sights on evolving into Africa’s version of the next Amazon.com.
Dana Sanchez, 5:25 pm
Jovago’s hotel booking site is more evidence of Rocket Internet/Africa Internet Holding bedding down in Africa, a report said. Rocket has other properties in Africa including Jumia, Hellofood, Kaymu and Vamido.
Makula Dunbar, 8:53 am
While major obstacles remain here for any business, from deeply rooted corruption to a lack of electricity and widespread fraud, both online and elsewhere, the potential is enormous. Online retailers like Jumia, which is present in a handful of other African countries, are seeking to unlock the possibilities, developing plans that cater specifically to the local market.
- Real Estate