A food delivery service that has exited the Nigerian market due to operational challenges.
Next Wave: Failed startups leave us richer in some ways
Okra is scaling back and returning part of its funding to investors after five years of operation. The stigma surrounding startup failures in Africa often overshadows the reality that 90% of startups globally fail.
Analysis: Chowdeck is digging deeper into restaurants; and it just acquired Mira to do it
Chowdeck has acquired Mira, enhancing its delivery ecosystem with POS capabilities. Mira's CEO Oladele will join Chowdeck as Head of Product, integrating inventory management tools.
Food delivery startup OyaNow is targeting the 1% to break even by Q1 2026
OyaNow projects to break even by Q1 2026, focusing on affluent consumers. Competitors like Jumia Food and Uber Eats have exited the Nigerian food delivery market due to unsustainable economics.
Profitable FoodCourt laid off nearly 100 staff after process restructuring in May
Redesign of cooking processes led to nearly 100 redundancies in May 2024. FoodCourt aims to reduce meal preparation time to 20 minutes.
