Chilean startup Buk, which offers cloud-based software for companies to manage their human resources tasks comprehensively, announced a US$35 million round. The company, one of Chile’s most prestigious technology start-ups, said it will use the funds to accelerate its growth in Mexico and open a new market in Brazil. They currently operate in Chile, Mexico, Peru, and Colombia.  According to company figures, in 2022, they grew 2.5x in sales and now have 4,000 clients in the region.

Africa’s largest e-commerce site Jumia has amended its terms and conditions after the regional watchdog, the COMESA (Common Markets for Eastern and Southern Africa) Competition Commission, compelled the marketplace to review clauses and disclaimers it found misleading or false.