Deepankar Rustagi News Today

Africa Business Communities

B2B companies in Africa, like Wabi, Zumi, and MarketForce, have all recently shut down or had layoffs in the last year.

This edition of The World Ahead by The Economist is unique as it includes a section on West Africa, with Ghana & Nigeria receiving coverage. 

Lagos Business School, one of the world’s top 50 business schools, hosted its first Africa Retail Congress.

Omnibiz is a Lagos-based B2B e-commerce and retail platform that connects fast-moving consumer goods manufacturers to retailers by digitizing the supply chain stakeholders.

Deepankar Rustagi, CEO and co-founder of Omnibiz, talks about how the funding came to be and the plans that the company has for the funding.

Food, fuel inflation pushes up shopping bills in Nigeria and rising diesel costs have also driven prices even higher.

As the Ukraine war fuels food price inflation, women running small retail businesses in the West African nation are reducing their stock and taking out loans to stay...

Nigerian digital startup Omnibiz has raised $3m to expand into new markets in West Africa

Despite the prevalence of shopping malls and the emergence of VC-backed e-commerce companies like Jumia, informal retail in Africa is still king. A 2016 study by PwC states that 90% of sales in Africa’s major economies come through informal channels — markets and kiosks. This presents a large market ripe for digitization, and over the […]