Sabi cuts staff as it narrows its focus to commodities’ trade
Nigerian B2B e-commerce startup Sabi laid off about 20% of its workforce in a broad restructuring to pivot to traceability services in Africa’s minerals and agricultural commodities market. In recent months, the company, founded in 2021 to provide digital tools for logistics and financing to merchants, has scaled back certain products to focus on its TRACE platform, which tracks minerals and agricultural goods for global buyers.
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Sabi cuts staff as it narrows its focus to commodities’ trade
Nigerian B2B e-commerce startup Sabi laid off about 20% of its workforce in a broad restructuring to pivot to traceability services in Africa’s minerals and agricultural commodities market. In recent months, the company, founded in 2021 to provide digital tools for logistics and financing to merchants, has scaled back certain products to focus on its TRACE platform, which tracks minerals and agricultural goods for global buyers.
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