Apr 15, 2020

What now for Jumia?

Speculation mounts as Rocket Internet sells of its stake in the company.
Apr 9, 2020

Jumia launches portal in SA for essential products

E-commerce firm partners with several brands including Reckitt Benckiser and Procter & Gamble.
Nov 19, 2019

Jumia, Facebook team up to empower Nigeria's SMEs

Companies introduce free training to local sellers.
Nov 19, 2019

Jumia bids farewell to Cameroon

Company cites challenging operating environment, as well as socio-political tension.
Aug 23, 2019

Internal fraud rocks Jumia

E-commerce platform said it is aware of incidents within its Nigeria operation.
Apr 15, 2019

Jumia raises US$196-million in landmark New York IPO

Mixed reaction from the continent's broader tech market.
Mar 14, 2019

MTN-backed Jumia eyes Africa's start-up debut on NYSE

After becoming the first African start-up unicorn in 2016, achieving a $1 billion valuation, Nigeria-based Jumia has set its sights on listing in New York.
Aug 2, 2018

Start-up funding to dip in build up to Nigeria's election: report

Deloitte foresees a slowdown in funding for start-ups in the West African economy.
Jul 31, 2018

Anger as Uganda's social media tax takes hold

The country's new social media tax will cool investor interest in its new IT sector that has wooed Facebook and Google, say industry executives.
Apr 17, 2018

Jumia losses grow in spite of sales increase

Jumia saw losses increase by 107.9% to hit EUR39.4 million.
Jan 12, 2018

Jumia reached 1bn visit landmark in 2017

Events like Black Friday have helped to secure the increase, according to the company.