BoxCommerce is now the largest B2B e-commerce startup in Kenya, with a merchant base 16 times larger than Shopify's. Its rapid growth trajectory positions it to surpass Shopify not only in Kenya but also in Africa and Southeast Asia within the next year.
Cryptocurrency has been increasingly popular worldwide as more people see it as an alternative to traditional financial systems. Africa is also experiencing a steady growth in cryptocurrency adoption. Although, it
Fintech, or financial technology, has rapidly evolved in Egypt in recent years. The government and various organizations have been actively promoting the development of the fintech sector as part of
Avanz Capital Egypt, a subsidiary of I Squared Capital International has invested $3.5 million in logistics startup Trella. In addition to the investment, the VC is launching two new
Turkey has been making significant progress in the gaming industry in recent years. The industry continues to evolve and expand, driven by talented developers, a growing market, and increasing government
Nigeria’s startup ecosystem is booming, with a growing number of innovative companies emerging across the country. However, there is a stark divide between startups in the northern and southern
As the world celebrates Environment Day, sustaining the environment to address climate change remains a priority. However, technology startups are not left out of the game, today the Ouut spotlights,
In the constantly evolving landscape of African startups, two prominent players, Mara and Chipper Cash, have recently faced tumultuous times marked by multiple rounds of layoffs. These layoffs have raised
