Copia
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Move fast and break things: E-commerce players on a steep learning curve as they seek a business model for Africa
Image: COURTESY COVID-19 turbocharges growth Even before the onset of COVID-19, interest in online shopping was on the rise in Africa, albeit from quite a low base. The rapidly rising penetration rate of mobile phones, particularly smartphones, over recent years, is playing a key role in this. The total traffic for online marketplaces in Africa
4th February 2021
Categories: Blog - Retail - Internet retail - e-commerce - Consumer - Retail & Shopping Malls - Sagaci Insights
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New investment for Kenyan catalogue retailer
Nairobi-based Copia has raised USD26 million in a Series-B equity round led by UK-based impact investment fund LGT Lightstone. Impact investing refers to investments that are made with the aim of generating a measurable social, or environmental benefit, in addition to a financial return. According to Copia, it intends to use this investment to expand
2nd December 2019
Categories: SagaRetail News - Kenya