African Tech Roundup

Afrimarket Lands €10 Million To Deploy E-commerce Platform Across Francophone Africa


Listen Later

The French e-commerce startup, Afrimarket, has raised €10 million from the Global Innovation Fund and the private sector arm of the French Development Agency (AFD), Proparco, as well from as a handful of individual investors such as the co-founder of PriceMinister, Olivier Mathiot, who’s been granted a seat on Afrimarket’s board.
At a glance, the company seems to have it made-- except that growth within the e-commerce sector across the continent has consistently failed to meet expectations, and foreign-owned, foreigner-run e-commerce copy-cat plays backed by the likes of Rocket Internet continue to have precious little to show in terms of solid success.
The bottom line is that this is Africa, and Afrimarket’s founder and CEO, Rania Belkahia, better have a few good tricks up her sleeve, including a tonne of patience and access to a lot more cash, if her company is to achieve its ambitious aspiration of dominating the French-speaking West African e-commerce market.
In this week’s episode of the African Tech Round-up, we share a conversation Andile Masuku had with Ernesto Spruyt, the founder of Tunga, an online market network that provides international clients access to African coding talent. He also happens to serve as Chief Mentor for Telegraph Media Group’s DigitalX accelerator program in Amsterdam.
Ernesto explains what prompted him to come to Africa looking for coding talent, and shares a few key things African coders who aspire to having international careers ought to be keeping top of mind.
Music Credits:
Music by Kevin MacLeod (incompetech.com)
Music licensed under Creative Commons: By Attribution 3.0
...more
View all episodesView all episodes
Download on the App Store

African Tech RoundupBy African Tech Roundup

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

15 ratings


More shows like African Tech Roundup

View all
Wait Wait... Don't Tell Me! by NPR

Wait Wait... Don't Tell Me!

38,688 Listeners

Global News Podcast by BBC World Service

Global News Podcast

7,902 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,260 Listeners

Qalam Institute Podcast by Qalam Institute

Qalam Institute Podcast

851 Listeners

The Interview by BBC World Service

The Interview

363 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

519 Listeners

Pivot by New York Magazine

Pivot

9,202 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,223 Listeners

The Intercept Briefing by The Intercept

The Intercept Briefing

6,118 Listeners

The Daily by The New York Times

The Daily

111,864 Listeners

The Daily Show: Ears Edition by Comedy Central

The Daily Show: Ears Edition

14,258 Listeners

FT News Briefing by Financial Times

FT News Briefing

686 Listeners

My First Million by Hubspot Media

My First Million

2,624 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,397 Listeners

Good Bad Billionaire by BBC World Service

Good Bad Billionaire

258 Listeners