2023-02-12
1/ Storytelling is a superpower & strong narratives help businesses corral resources. But if, a decade on, the narrative continues to outweigh the numbers, there's a problem. That's my view of what's going on at Jumia, Africa's first unicorn, right now. https://restofworld.org/...
Rest of World
Lagos-based Jumia, once hailed as the “Amazon of Africa”, has seen its stock drop 85%+ since its April 2019 IPO amid falling customer growth and mounting losses
David Adeleke / Rest of World : Tweets: @hkanji , @ulonnaya , @naijaflyingdr , @restofworld , and @eajene Tweets: Hussein Kanji / @hkanji : Another Rocket Internet success story s...
2022-10-24
Super interesting read from @mignano “Creativity has become the focal point of our modern Internet economy... We're at the beginning of global creative ubiquity... The opportunity for creativity will continue to grow and flourish in lockstep with tech” https://medium.com/...
Lightspeed Venture Partners
Whereas Creator Economy companies have mostly built infrastructure for the top 1% of creators, new AI tools will fuel businesses that democratize creativity
I think the ‘creativity’ market has a lot of different uses and we're just scratching the surface https://twitter.com/...
2020-09-10
A good look from @alexisak at the current cryptocurrency boom across Africa, including actual use cases “The naira's fall has pushed many Nigerians towards bitcoin...as they seek methods of purchasing goods from overseas without having to buy dollars.” https://www.reuters.com/...
Reuters
Africa is experiencing a crypto boom, with research finding cryptocurrency monthly transfers under $10K jumped 55% YoY, as young tech-savvy users quickly adopt
LAGOS/LONDON (Reuters) - Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones …