A food delivery service that has exited the Nigerian market due to operational challenges.
Jumia trims workforce to 2,000 as it accelerates AI-driven operations
Jumia's workforce decreased by 7% to 2,010 employees as of September 30, 2025, due to layoffs aimed at AI integration. The company reported a revenue increase from $36.4 million in Q3 2024 to $45.6 million in Q3 2025.
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.
Chowdeck launches in Ghana, eyeing continental growth
Chowdeck has expanded its operations to Ghana, marking its first international move. The startup aims to reach 52 cities across Nigeria and other African countries by the end of 2025.
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.
