Jumia
Africa Business Ecommerce Funding

Jumia Becomes First African Startup To List Shares on NYSE

Jumia Technologies AG (“Jumia”) (NYSE: JMIA), the leading pan-African e-commerce platform, has officially announced its listing on the New York

Jumia
Business Ecommerce

Jumia To Raise $216 million From Upcoming IPO on NYSE

Jumia plans to raise  $216 million by offering 13.5 million American depository shares for purchase on the New York Stock

Amazon
Ecommerce

What African Headquarters of Amazon in SA Means For E-Commerce

Amazon is scaling its presence in Africa by officially establishing its headquarters in Cape Town, South Africa. The headquarters will

Jumia
Ecommerce

Jumia Announces “At The Market Offering” Sales Agreement with Citi

Jumia Technologies AG (“Jumia”) has announced that it had entered into an “at the market offering” sales agreement with Citigroup Global

MTN Nigeria
Business Ecommerce Jumia MTN Telecom

MTN Group Sells Stake in Jumia

MTN Group has sold its stake in Jumia, one of Africa’s largest eCommerce firms. The South African telecommunications giant, said

Jumia
Ecommerce Jumia Konga

Coincidence? After Announcing Jumia Brand Festival, Konga Follows With ‘Konga Bulk’

Nigeria’s eCommerce space is dominated by two players-Jumia and Konga. Although they are competitors, Jumia apparently appears to have a

Rocket Internet
Africa Business Ecommerce Investment

Rocket Internet Finally Divests From Jumia, Sells 11% Stake in eCommerce Firm

Rocket Internet, the German tech investor has disclosed that it has sold its stake in African eCommerce company Jumia, which

ThankUCash
Accelerator Africa Entrepreneurship

Nigeria’s Connected Analytics (ThankUCash) to Participate in 26th Cohort of 500 Startups

Connected Analytics (ThankUCash) has been selected for the 26th Cohort of 500 Startups Accelerator Programme. This makes Connected Analytics (ThankUCash)

Jumia
Africa Appointment Ecommerce

Massimiliano Spalazzi Appointed as Jumia Nigeria CEO

Massimiliano Spalazzi has been appointed as CEO of Jumia Nigeria replacing Juliet Anammah who is now the of chairwoman of

Trove
Business Digital Fintech

ARM Buys Stake in Trove to Boost Investment Portfolio

Asset and Resource Management (ARM) has announced that it is buying a stake in fintech startup, Trove to boost its