Jumia aims for profit as it fends off Chinese rivals

Jumia aims for profit as it fends off Chinese rivals

Africa-focused e-commerce retailer Jumia Technologies expects to break even in the last quarter of 2026 and deliver its first full-year profit next year as it accelerates growth after years of restructuring, its CEO said on Wednesday. Jumia, which will operate in eight markets after exiting Algeria this month, has dropped everyday grocery items and food…

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Superbalist turns to AI search to fend off rivals

Superbalist turns to AI search to fend off rivals

Superbalist has over 4.5 million monthly users and more than 50 000 products. Online shopping portal Superbalist has aligned its content and commerce strategy with LLM-driven discovery. The company, spun out of Takealot in September 2024 after revenue pressure from companies like Temu and Shein, is betting on generative engine optimisation (GEO) to attract e-shoppers….

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South Africa lets rivals team up to cut crippling electricity costs

South Africa lets rivals team up to cut crippling electricity costs

Trade minister Parks Tau. Leah Millis/Reuters South Africa has softened its competition regulations to allow firms battling high power costs to jointly build energy infrastructure and collectively negotiate supply contracts. Trade minister Parks Tau said in a government notice on Wednesday that the new measures were meant to assist distressed industries. Electricity costs in South…

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Starlink risks ceding ground to rivals in South Africa amid licensing battle

Starlink risks ceding ground to rivals in South Africa amid licensing battle

Dominic Cull Ryan Goodnight, senior director of market access and development at SpaceX, told Africa Tech Festival attendees last week that Starlink could launch in South Africa “tomorrow” if four lines in the licensing regulations were deleted. But communications lawyer Dominic Cull of Ellipsis Regulatory Solutions is unequivocal: not only is that timeline impossible but…

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nubia partners with Twitch Rivals at TwitchCon Europe 2025, igniting competitive passion around ‘Born to Win’

nubia partners with Twitch Rivals at TwitchCon Europe 2025, igniting competitive passion around ‘Born to Win’

nubia joins TwitchCon Europe 2025 as Official Marketing Partner for Twitch Rivals, the largest annual IRL gathering and Europe’s largest game streaming convention, marking its steady commitment to gaming nubia Neo 3 series brings the “Born to Win” spirit to the vibrant Twitch community through its innovative AI features and esports-grade mobile gaming experience. nubia…

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