The company this month launched Little Cab, an Uber-style taxi hailing app it says will be cheaper and more reliable than the global tech giant. Little Cabs will have free in-car Wi-Fi courtesy of Safaricom, and has the option of a female-only service.
A local startup, Sendy, which has made its name as an e-courier service, also entered the ride-hailing market this month, so the space in Kenya is getting rather busy. Is Uber concerned? A little, it seems, as the company immediately slashed prices to bring them in line with Little Cab, while it has also signed partnerships with Sidian Bank and Total to make life easier for its drivers.
“This event was off the charts”
Gary Vaynerchuk was so impressed with TNW Conference 2016 he paused mid-talk to applaud us.
More good news for Jumia, formerly Africa Internet Group, which further cemented its status as “Africa’s first unicorn” by raising US$55 million from the Commonwealth Development Corporation.
Another African e-commerce company, Mara Group, is in the process of diversifying after launching pan-African job portal Mara Jobs. The portal aims to bridge the gap between employers and job seekers, connecting businesses with talent for free. Mara Group is going up against established jobs portals such as Jobberman in West Africa and BrighterMonday in East Africa.
In Kenya, there was a major development as the Postal Corporation allowed citizens to operate a “virtual post-office box”. The MPost service links a physical box with a virtual address – a mobile phone number – to allow users to receive a notification when they have a package. Quite a development in a country lacking a proper addressing system.
Yet another busy month on the startup funding front, with Tim Draper’s DraperDarkFlow making investments in eight African startups following the SpeedUPAfrica bootcamp held in Ghana. Draper, who was an early investor in Skype, among others, is not the only one backing the continent’s tech ecosystem, with South African pet food e-commerce company PetHeaven also raising money this month.