March 29, 2025

Africa

Africa employee salaries food supply Startups Vendease Y Combinator

Startup Vendease restructures employees’ salaries

Y Combinator-backed Nigerian food procurement startup Vendease has changed its employee pay structure and is seeking fresh capital, TechCrunch has learned. This is after laying off 44% of its workforce — around 120 employees —last month, marking its second round of job cuts in five months. In the latest development, the startup has now replaced

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Africa AI-powered logistics Commerce Google Leta logistics speedinvest Transportation

Google, Speedinvest back Leta; AI to make logistics cheaper

Google, Speedinvest back Kenya’s Leta; AI to make logistics cheaper. African businesses pay up to four times the global average to transport goods, driving up prices for essentials like food and medicine. Logistics make up 75% of product costs on the continent, according to the African Development Bank (AfDB). Many of these businesses also rely

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