
Yassir Acquires Uno Retail Chain to Expand Hybrid Retail and E-commerce Network
Algerian e-commerce and on-demand services startup Yassir has acquired the Uno retail chain from Cevital Group.

Jumia Attracts Takeover Interest from Axian Amid Shifting African E-Commerce Landscape
Pan-African e-commerce platform Jumia is reportedly the target of takeover interest from Axian Telecom, a Mauritius-based telecommunications company.

Nigeria Targets Counterfeit Cosmetics with QR Code Traceability System
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has established a Joint Inter-Agency Committee to develop a Digital Traceability Portal aimed at curbing the proliferation of counterfeit cosmetic and personal care products.

Nestle and L’Oreal launch Next Level Season 3
Nestle and L’Oreal have announced the launch of Next Level (NxL) Season 3. The training program aims to empower young people with the essential skills they need to thrive in the workforce, particularly in the fields of AI and digitalization.

Allegations Surface Against Oddity Tech by Short Seller Ningi Research
Short seller Ningi Research has alleged that Oddity Tech, the parent company of Il Makiage and Spoiled Child, has misled investors by not being a purely online retailer and engaging in deceptive billing practices.

EHRDC and L’Oréal Partner to Enhance Emiratisation Through Skill Development
An alliance has been formed between the Emirati Human Resources Development Council (EHRDC) and L’Oréal Middle East

Oddity Outdoes Itself: IPO Launch Rockets Firm’s Valuation to $2B!
Oddity Tech Ltd., a beauty and wellness firm, has raised a substantial $424 million through an initial public offering (IPO), surpassing expectations

L’Oréal Israel opens SkinCare Campus for content creators
L’Oréal Israel has announced a new training program aimed at influencers and content creators, according to a report published by the Jerusalem Post. The free, six-week course will include classes from dermatologists, senior marketing managers and social media experts.

L’Oréal Israel names TikTok star to sustainability influencer team
L’Oréal Israel has named Maya Dagan to its team of sustainability influencers, according to a report published by the Jerusalem Post.

Tech in 2022 – can’t touch this
What were we expecting of technology in 2022? Well, after the dominance of internet shopping over the prior two years, more of the same, with bells on. All bets were on livestreaming, already a dominant trend in China, booming in the west.
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