SPAR Group is selling its struggling Polish division to Specjal for $10M. SPAR will recapitalize the business at a cost of $143M to clear debts. This deal refocuses SPAR on its South African core operations.

Jumia completed the sale of 20.2M shares, raising $99.6M. The funds will bolster its $92.8M cash position. The e-commerce giant aims to accelerate growth and move towards profitability as it continues to expand its customer base in Africa.

Chinese e-commerce giants Shein and Temu see a sales surge in Africa, with Temu gaining traction in SA. DHL's 2024 report highlights app-based marketplaces' global rise. Shein's 2023 revenue hits $22.7B, with social commerce poised for massive growth.

Shein is opening a pop-up store in Johannesburg, South Africa. The store will be at the Mall of Africa and run from August 2 to August 11. Customers can view and try products but must order online. Local retailers are unhappy with Shein's tax practices.

Shoprite launches an eCommerce service for its Cash & Carry stores, providing automated online shopping with free delivery. This move helps small businesses by reducing costs, improving stock access, and increasing efficiency.

The Wasoko-MaxAB merger, announced in December, is delayed due to economic headwinds. Initial completion was expected in Q1 2024. Issues include extended due diligence and currency devaluation in Egypt.

Amazon's South African launch saw initial hype but quickly declined. Competing with local giant Takealot, Amazon struggled with product selection and pricing. Experts doubt Amazon can easily outperform established local players.

Maad, a B2B e-commerce startup from Senegal, raised $3.2M to grow locally and in Francophone regions. Led by Ventures Platform, with Seedstars, Reflect Ventures, and others. Plans include expanding logistics and introducing BNPL services.

Amazon launches its first marketplace in sub-Saharan Africa, South Africa, targeting a $3B e-commerce market. It faces strong competition but offers unique delivery perks.

Glovo, the food delivery platform, will exit Ghana on May 10, 2024, after investing $3.7M, citing unprofitability. The company will focus on other African markets, while Jumia Food also shut down in Nigeria.

Kenya's CAK mandates Glovo, Uber Eats to open offices following delays in complaint resolution, amidst growing customer dissatisfaction.

With the launch of Bolt Food for Business, Ghanaian companies can now order meals and snacks through the Bolt app, streamlining office food logistics. Baaba Hammond highlights the benefits of modern, convenient office meal solutions.