Jumia
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Funding
Jendaya Raises Funding to Scale its Africa-Focused Luxury e-Commerce Platform
On many e-commerce platforms, fashion items are among the most — if not the most — sought-after. In Africa, for…
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Funding
Kenyan Social Commerce Startup Kapu, Raises $8M
Kapu, a new social commerce startup founded by a former Jumia executive, has emerged from stealth mode with $8 million…
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People
Jumia co-founders Sacha Poignonnec, Jeremy Hodara Step Down as Co-CEOs
The Co-founders of Jumia Group, Sacha Poignonnec and Jeremy Hodara, have stepped down as Co-CEOs of the e-commerce firm. According to…
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News
Meet The New CEO Of Jumia Express Logistics: Larbi Alaoui Belrhiti
Larbi Alaoui Belrhiti has been appointed as the CEO of Jumia group (Jumia Express Logistics) About Larbi Larbi’s business journey…
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E-commerce marketplace, Jumia, joins forces with valU to provide new online payment channels
Jumia, the leading e-commerce platform in Egypt, JumiaPay the fintech electronic payments platform, and valU the leading Buy-Now Pay-Later (BNPL)…
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Fintech
Senegal-based fintech, Wave, Becomes Francophone Africa 1st Unicorn After Secures $200mn Funding
The U.S and Senegal-based mobile money startup, Wave, have become the first unicorn in francophone Africa after raising $200 million…
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Egyptian Auto Parts Startup, Odiggo, baggs $2.2mn Seed Round
Odiggo, an Egyptian auto-tech app based in Dubai, has secured a record-breaking round of funding from three of the world’s…
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Kenyan Food Tech Startup, Kune, Bags $1mn
Nairobi-based food tech startup, Kune, has announced that it has secured a $1mn pre-seed round to launch its food-on-demand service…
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Jumia secures $400mn for operational expansion
Jumia, Africa’s first unicorn, and largest e-commerce company are selling 9 million American depositary shares (ADS) in a move to raise more…
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Why Lagos has become Africa’s most attractive tech hub for investors
Last week, a $170 million venture investment in Lagos-based Flutterwave, a payments processing startup, set the Nigerian tech ecosystem alight…
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