HelloFood News

AIG is the parent company of Jumia, one of Africa’s leading e-commerce firms.

CDC invests €50M in Africa Internet Group

CDC, the UK’s development finance institution, recently announced a EUR50m equity investment in Africa Internet Group (AIG).

UberEverything will have to get round logistics difficulties in cities like Lagos. (AP Photo/Sunday Alamba)

Uber Africa will diversify beyond car rides this year with its UberEverything service

Having nearly perfected the business of moving people around on the continent, Uber is set to diversify the core of its business in sub Saharan Africa with the introduction of UberEverything.

Stephane Richard, Chairman and CEO of Orange

French telco giant Orange to invest $85 million in Nigerian e-commerce group Africa Internet Group

French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group (AIG) and become a shareholder, the two companies said on Tuesday.

AIG is the company behind Africa's largest e-commerce company Jumia

Goldman Sachs & MTN to invest $245M in Nigerian e-commerce firm Africa Internet Group (AIG)

Africa Internet Group (AIG) has secured €225 million ($245 million) in funding from investors including US bank Goldman Sachs, South African telecoms giant MTN and German startup incubator Rocket Internet.

The Co-Creation Hub Nigeria (CcHUBNigeria) in Yaba, Lagos, Nigeria. Credit: techpoint.ng

Yabacon Valley: Nigeria tech startup enclave springs up in Lagos suburb

At first glance, Yaba is like many other parts of Nigeria’s sprawling commercial capital: a cacophony of car horns and shouting street vendors mingling with exhaust fumes.

Marek Zmyslowski, Managing Director, Jovago

Why you should take chances: Marek Zmyslowski, Managing Director of top African hotel booking website Jovago (Video)

Marek Zmyslowski is the CEO and Managing Director of Lagos-based Jovago. Jovago is an online marketplace that connects travellers across Africa with hotels. Jovago enables customers to secure hotel rooms through an online platform that is faster, cheaper, and easier than the alternative of making a phone call.

Africa Internet Group's new offices in Yaba, Lagos, Nigeria

Check out Africa Internet Group's new offices in Yaba, Lagos, Nigeria (Video)

Africa Internet Group (AIG) recently moved its office to Yaba, Lagos, Nigeria. The new office houses six of AIG’s ventures, namely Easy Taxi, Lamudi, Carmudi, HelloFood, Kaymu, and Jovago.

Easy Taxi Nigeria

Africa Internet Group (AIG), operators of Jumia, Easy Taxi, Lamudi, Carmudi, HelloFood, Kaymu, and Jovago, moves offices to Yaba, Nigeria's Silicon Valley

Africa Internet Group (AIG), the leading internet group in Africa, has moved its office to Yaba, housing six of its ventures in Nigeria – Easy Taxi, Lamudi, Carmudi, HelloFood, Kaymu, and Jovago.

Rocket Internet

German tech incubator Rocket Internet, one of the parent companies of Africa Internet Group (AIG), plans 2014 IPO

Rocket Internet is planning an initial public offering that could value the technology incubator at around €5 billion, or roughly $6.5 billion.

E-Commerce

MTN to invest $225M in Africa Internet Group (AIG)

MTN Group has announced it will invest approximately EUR 168 million into AIG in the next two to four years after acquiring 33.3% of the JV between Rocket Internet and Millicom.