Kenya’s E-commerce Start-up AfricaSokoni launches Bolosokoni in Nigeria

KENYA – AfricaSokoni, a Kenya-based e-commerce start-up has expanded into the Nigerian market as Bolosokoni after the acquisition of e-commerce start-up, Bolorims. The launch of Bolosokoni comes after the Kenyan e-commerce raised US$995,000 in 2019 to fuel further expansion. AfricaSokoni and Bolorims signed a memorandum of understanding which saw Bolorims absorbed into the folds of AfricaSokoni in exchange for a 10% equity stake. According to the CEO of AfricaSokoni, Ebrima Fatty, Bolomis will now operate as Blosokoni.com an entity under Africasokoni. “This is a takeover of Bolorims.com by Sokoni Online…

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