Mano, a food delivery platform, began paying riders a ₦2,000 weekly bonus in addition to their delivery fees and a monthly base salary of ₦47,000, said one driver who attended the town hall meeting.Quickening inflation and a second major increase in fuel prices on Thursday have further complicated that balance, forcing some strategizing at delivery startups.

Mugambi, who joined Kobo360 in 2021 from the International Finance Corporation (IFC) as chief of staff and head of investor relations, was named CEO after co-founder Obi Ozor’s exit in August 2023.

The venture funding activities we tracked in the Middle East and African region this week include Calo and YNMO.

Mugambi, who joined Kobo360 in 2021 from the International Finance Corporation (IFC) as chief of staff and head of investor relations, was named CEO after co-founder Obi Ozor’s exit in August 2023.