Delivery company Glovo spread its operations to Kumasi, the third city in Ghana

GHANA – Glovo, a worldwide multi-category delivery player, has spread its operations to Kumasi, the capital city of Ashanti Region in Ghana, in line with the company’s vision to give everyone easy access to anything in their cities. Kumasi is the third city in Ghana to enjoy Glovo’s multi-category delivery services since it started operations in March 2021. Speaking on…

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20 minutes delivery startup Rabbit closes US$11m pre-seed funding

EGYPT – Rabbit, a clean-tech transportation company, has announced that they have closed a new round of pre-seed funding of US$11 million, a record high for the Middle East & Africa regions. The round saw participation from the international investor base include Global Founders Capital, Foundation Ventures, Raed Ventures, MSA Capital, and Goodwater Capital. Ahmad Yousry, Walid Shabana, Ismail Hafez,…

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Naspers’ Prosus acquires additional 2.5% stake in online food-delivery Delivery Hero

SOUTH AFRICA – Prosus, a major subsidiary of South African Naspers, has entered into an agreement to acquire an additional 2.5% stake in Delivery Hero, which is subject to regulatory approval, through its subsidiary, MIH Food Holdings B.V. Delivery Hero is an online food-delivery service based in Berlin that connect customers with restaurants and shops they love. According to Prosus,…

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P&O Maritime Logistics, IOMS launch last-mile delivery services in Nigeria

NIGERIA – P&O Maritime Logistics and Nigerian firm IO Materials Services (IOMS) have announced the launch of the new, FlexDELIVERY, model to provide integrated last-mile delivery services to the offshore energy industry in Nigeria FlexDELIVERY disrupts the traditional model of high shore base startup costs, rentals and vessel time-chartered contracts by focusing on the service that is required by the…

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Delivery startup Picup introduces new model for branded deliveries

SOUTH AFRICA – Picup, innovative last mile delivery company has introduced a unique concept where its drivers become the face of any specific brand. Picup has become a model for innovation in the courier and logistics space and is consistently predicting niches in the market and developing its software and driver framework to accommodate growing needs. Until now, companies that…

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