Nigeria's Cars45.com Riding High After Landing $5 Million Investment

Published: May 28, 2017, 5:38 p.m.

b"Etop Ikpe and his team at the Nigerian vehicle marketplace, Cars45.com, are no doubt feeling great following the successful close of the company's $5 million Series A funding round a couple of weeks ago. Given the tough time Nigeria's e-commerce industry has been having of late, the significance of this achievement is not lost on us.\\n\\nPreviously the Commercial Director of Konga-- one of Nigeria\\u2019s largest online shopping platforms, and formerly the CEO and Co-MD of DealDey, Etop is unquestionably an e-commerce veteran at this point. In this episode of the African Tech Round-up, he explains why Nigeria's e-commerce scene hasn't lived up to many of the lofty expectations that were set for it five or six years ago.\\n\\nAlso in this show, Andile chats with Ammin Youssouf, who formerly founded and helmed the celebrated creative agency, Big Youth, before co-founding and serving as CEO at Afrobytes Ventures. Listen in to hear what Ammin and his team have in store for those of us attending Europe's premier Africa-focussed tech gathering, the Afrobytes Tech Conference, on June 8th and 9th 2017.\\n\\nMusic Credits:\\nMusic by Kevin MacLeod (incompetech.com)\\nMusic licensed under Creative Commons: By Attribution 3.0"