Key Developments
Digital-first and data-led distribution platform Kyosk Digital Services acquires KwikBasket to revolutionize the African fresh produce market
Kyosk Digital Services, a digital-first and data-driven distribution platform known for its innovative solutions in the digital retail space, has set its sights on the untapped potential of the African fresh produce market with the acquisition of e-grocery platform KwikBasket.
KwikBasket has earned a strong reputation for its user-friendly interface, wide product selection, and efficient delivery network. By joining forces with Kyosk, KwikBasket’s platform will benefit from advanced digital capabilities and a robust infrastructure, enabling it to scale rapidly and meet the evolving needs of customers. The acquisition aligns with Kyosk’s broader vision to transform Africa’s retail landscape through digital innovation.
By integrating KwikBasket’s operations into its existing ecosystem, Kyosk aims to offer consumers a seamless shopping experience, bridging the gap between local farmers and urban customers. One of the key objectives of the acquisition is to empower small-scale farmers by providing them with a reliable and transparent marketplace to showcase their produce.
Kyosk’s technological expertise will enable farmers to access a broader customer base, reduce post-harvest losses, and improve their overall profitability. The expansion into the African fresh produce market comes at a time when e-commerce and digital solutions are gaining momentum across the continent. Kyosk recognizes this trend and aims to become a dominant player in the African e-grocery landscape.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
AfriLabs partners with the U.S. Department of State to tackle climate crisis in Africa through entrepreneurship
AfriLabs, one of Africa’s largest networks of technology and innovation hubs, has joined hands with the United States Department of State to tackle the climate crisis in Africa through entrepreneurship.
African Startups to benefit from Capria Ventures’ new $100 million fund
Capria Ventures, the global investment firm focused on backing early-stage impact-driven businesses, announced its first Global South Fund II close at $100 million.
Nigerian Fintech LemFi Teams Up With Visa Partnership to Facilitate Cross-Border Transactions in Asia
Nigerian fintech company LemFi has signed a strategic deal with Visa’s Cross-Border Solutions division to fuel its international expansion into key markets like China, India, and Pakistan.