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December 17, 2013 08:57 pm GMT
Only yesterday German e-commerce incubator and cloning giant Rocket Internet and MTN partnered to develop internet businesses in Africa through Africa Internet Holding (AIH), a vehicle to develop e-commerce businesses across the continent (alongside partner Millicom International Cellular). They took a 1/3 stake but the value was undisclosed. It's already developed a number of e-commerce ventures in the last 18 months, including Jumia, Zando, Kaymu, Jovago, Lamudi, Carmudi, Easytaxi and Hellofood.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/xsJ8xGRinko/
The Scramble For Africa Continues iROKOtv Closes $8M To Be The Netflix Of Africa
Only yesterday German e-commerce incubator and cloning giant Rocket Internet and MTN partnered to develop internet businesses in Africa through Africa Internet Holding (AIH), a vehicle to develop e-commerce businesses across the continent (alongside partner Millicom International Cellular). They took a 1/3 stake but the value was undisclosed. It's already developed a number of e-commerce ventures in the last 18 months, including Jumia, Zando, Kaymu, Jovago, Lamudi, Carmudi, Easytaxi and Hellofood.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/xsJ8xGRinko/
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