BUSINESS EXPANDED Volanews

AFRICA NIGERIA STARTUP

Nigerian fintech startup Cowrywise expands offering with Stash service Nigerian investtech platform Cowrywise has added to its product offering with the launch of Stash, which makes it increasingly simple for users to invest their funds.

by disrupt-africa.com

2019-08-08

GIANTS EAST ASIA CHINA

Alibaba will let American companies sell on its site Alibaba said Tuesday it is opening up the Alibaba.com platform, allowing American companies to sell their products to small- and mid-sized business buyers around the world.

by CNN Business

2019-07-25

STARTUP INVESTMENT FUNDING

Berlin-based ecoligo raises £2.5 million to expand its solar-as-a-service solution in Kenya & Ghana Berlin-based ecoligo, a solar crowdfunding platform founded in 2016, has received EUR 2.5 million of funding from Saxovent, an investor specializing in ecological investments to open up the solar market for commercial and industrial businesses in emerging markets.

by techmoran

2019-07-23

BUSINESS EXPANDED INVESTMENT DATA CENTRE

ByteDance To Setup Local Data Centres In India Over The Next Two Years TikTok and Helo’s parent company, ByteDance has announced plans to setup data centres in India. The company plans to setup these centres in the next six to 18 months.

by Inc42

2019-07-23

AFRICA STARTUP INVESTMENT

Cellulant’s Agrikore tapping into Africa’s emerging Agritech market valued at €5.3 billion Cellulant’s Agrikore platform – an online marketplace for smallholder farmers, agricultural input and produce traders is tapping into Africa’s emerging Agritech market valued at €5.3 billion according to a new report by the Technical Centre for Agricultural and Rural Cooperation (CTA) and Dalberg Advisors.

by techmoran

2019-07-17

STARTUP INVESTMENT AFRICA

Safaricom To Expand Masoko Beyond Kenya Safaricom is planning to expand its e-commerce platform, Masoko, outside Kenya, Safaricom Chief Financial Service Officer, Sitoyo Lopokoiyit said during the Afro-Asia Fintech Festival 2019.

by WeeTracker

2019-07-16

INDONESIA STARTUP INVESTMENT

GOJEK set to spruce up financial services, food delivery in Thailand Indonesian ride-hailing app Go–Jek will offer more financial services and expand its Thai food delivery business following an investment from Thailand‘s top lender, an executive said on Thursday.

by DealStreetAsia

2019-07-15

STARTUP AFRICA Ovamba

Ovamba hits £105 million transactions, to expand across West Africa Launched out of beta in 2013, Ovamba Solutions‘ transactions have hit an approximately 105 million Euro with the majority of them coming via its mobile app, ‘Ovamba Plus’.

by techmoran

2019-07-15

INDIA CHINA GIANTS

Warren Buffett-Backed Chinese Automaker BYD Eyes EV Expansion In India Chinese-automaker BYD Auto has been actively working on expanding its electric vehicles investment in India.

by inc42

2019-07-01

SOUTHEAST ASIA INDONESIA Toyota

Toyota to invest $2b to develop electric vehicles in Indonesia Toyota plans to invest US$2 billion to develop electric vehicles in Indonesia starting with hybrid vehicles, Reuters reported, citing the country’s coordinating ministry for maritime affairs.

by techinasia

2019-07-01

CHINA INDIA GIANTS

Buffett-backed BYD in advanced talks to develop, make EVs in India BYD Auto Co. Ltd, China’s biggest electric carmaker, is set to make a significant investment in India to develop and produce electric vehicles, said two people familiar with the matter.

by livemint

2019-06-28

SOUTHEAST ASIA MALAYSIA INVESTMENT

Malaysia’s Paramount Corp to sell education business for $130m Malaysian conglomerate Paramount Corporation is seeking to divest its K-12 education business to Two Horses Capital Sdn Bhd (THC), an investment vehicle owned by a managing partner and a senior advisor at TPG Capital Asia.

by DealStreetAsia

2019-06-21

MIDDLE EAST MENA EGYPT

Egypt’s Swvl is expanding to Nigeria, to launch in Lagos within the next few weeks Cairo-based transportation startup Swvl is expanding to Nigeria, the startup told MENAbytes after initially announcing the role of Country General Manager for Nigeria last week.

by menabytes

2019-06-10

AFRICA NIGERIA STARTUP

Nigerian payments startup Flutterwave makes SA its 5th African market Nigerian payments startup Flutterwave is expanding into South Africa with a host of events this month as the well-funded company hits a fifth market on the continent.

by Disrupt Africa

2019-06-06

INDIA Unicorn ZOMATO

Zomato Expands To 300 Cities As Foodtech War With Swiggy Heats Up Food delivery unicorn Zomato said today that it has now expanded to 300 cities, serving over 250 Mn users in these cities.

by Inc42

2019-06-04

AFRICA FUNDING BUSINESS EXPANDED

Zipline raises $3m for expansion which launches in Ghana Zipline, a California-based automated logistics company has launched in Ghana to use drones to make on-demand, emergency deliveries of 148 high priority products including emergency and routine vaccines, blood products and life-saving medications.

by techmoran

2019-04-26

CHINA GIANTS DIDI

Didi expands taxi-hailing service in Japan Didi Mobility Japan, a joint venture between Didi Chuxing and SoftBank Corp, has launched its taxi-hailing service in Tokyo and Kyoto, following its first Japan launch in Osaka, according to an official statement today.

by kr-asia

2019-04-25

CHINA GIANTS BUSINESS EXPANDED

Buick unveils first EV in China, partners with EvCARD for car-sharing Buick, a division of General Motors, announced on Monday that it has put its Velite 6 all-electric vehicle on the Chinese market and will provide 5,000 units to the car-sharing platform EvCARD.

by Harry

2019-04-17

AFRICA KENYA E-COMMERCE

Copia Kenya launches E-commerce service for buying and sending goods upcountry The e-commerce platform, copia.co.ke, will facilitate the delivery of products like household goods, electronics, farming tools and construction materials in Central Kenya, parts of Rift Valley and soon to Western Kenya.

by Carol

2019-04-16