Jumia welcomes AXIAN Telecom as a new investor post-MTN era
Five years after MTN sold its stake, Jumia has attracted AXIAN Telecom as a new strategic partner with an 8% stake, indicating renewed trust in the e-commerce platform's turnaround efforts and future prospects.
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AXIAN Telecom gets $100m to boost connectivity
The investment will be used to expand 4G coverage in Madagascar and Tanzania, as well as to support the rollout of 5G sites.
