Mobile commerce platform Copia expands into Uganda, targets the burgeoning middle-class

UGANDA – Copia Global, a fast-growing mobile commerce platform built to serve middle to low-income African consumers, has expanded its operations into Uganda. Copia Uganda is built on the company’s success in its initial market in Kenya, where Copia serves more than 1 million customers and is doubling in size every year and the expansion will bring high-quality and affordable products to millions of middle-class Ugandans, regardless of location, technology access or connection status. According to a 2016/17 study by the Economic Policy Research Centre, Uganda has experienced an upsurge…

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Africa Logistics Properties – Changing Nairobi’s Warehousing & Logistics Landscape

PROPERTY Africa Logistics Properties is leading the charge to a more efficient, cost-effective and quality warehousing industry in Kenya, seeking to change a sector that has had its fair share of challenges, despite rising opportunities. The Africa Inc. team had a discussion with the CEO, Richard Hough, at their Tatu City facility on the future of logistics and warehousing in Kenya and the region. For a market that has for a long time suffered from small, poor quality warehousing units that are unfit to support the kind of modern logistics…

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Copia Global raises US$26 million in series B funding and appoints new Board members

KENYA – Mobile e-commerce platform Copia Global has raised US$26 million in a Series B funding led by LGT Lightstone alongside Goodwell Investment, Perivoli Innovations, Endeavor Catalyst, and ELEA, reports Techweez. The platform started operations in Kenya in 2013 and started its trade to serve unbanked and low-income African consumers.  The company takes advantage of mobile technologies and logistics to sell its trade and says it has managed to penetrate remote markets that other e-commerce sites have been unable to get access to. Copia has a robust network of 5000…

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Founders of Kenyan startup Copia join global Endeavor network to help scale their business

KENYA – Three entrepreneurs behind Copia, a Kenyan consumer goods catalogue and delivery service, have been selected to join Endeavor Network, a non-profit organisation that supports high-impact entrepreneurs around the world, to gain access to various support services to help them scale their businesses. The three — Tim Steel, Crispin Murira and Tracey Turner are part of 37 high-impact entrepreneurs leading 21 companies from 15 markets that the organisation selected at Endeavor’s 90th International Selection Panel (ISP) held in Atlanta, Georgia, from 23 to 25 September. The Endeavor initiative, which…

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