Chowdeck restructures workforce amidst Ghana expansion Plans
Chowdeck reduced its contract workforce by 68% as part of operational streamlining. The company has automated processes, allowing teams to operate with significantly fewer staff.
A Flutterwave IPO could be the boost Nigeria's stock exchange needs to attract younger investors
Flutterwave executives visited President Bola Ahmed Tinubu to discuss a potential IPO on the NGX. Speculation about Flutterwave's IPO has increased following discussions with the Nigerian president.
Jumia remains in the red in Q4 2024, despite years of cost cutting
Jumia reported a revenue of $45.7 million for Q4 2024, down 23% year-over-year. Operational losses grew to $17.3 million, compared to $4.5 million in the same period last year.
Six Nigerian shoppers share their Temu experience. Here’s what to know before you order
Temu launched in Nigeria in November 2024, quickly becoming popular among online shoppers. The platform's consistent inventory availability has attracted customers frustrated by stock shortages on other platforms.
