They're drivers for 'Africa's Amazon' – and it's a rough day at the office

2019-09-20 19:02

Faulty payment systems, patchy phone-network coverage, parking woes and unreliable customers: Just a day in the life of a typical delivery driver for Jumia Technologies in Lagos.

Jumia surges on US debut as Africa's Amazon goes public

2019-04-14 06:00

Jumia Technologies AG shares soared by 75% on their first day of trading in New York, as investors rushed to buy into the company’s plans to extend online shopping services across Africa.

How to raise a unicorn

2018-10-30 06:02

Apart from being a mythical creature, a unicorn is also a privately owned startup valued at over a billion dollars. There's a trick to finding that rare beast, says Mikael Samuelsson.

 

'Africa's Amazon' Jumia finds wrongdoing in Nigeria sales force as loss widens

2019-08-23 11:26

Jumia Technologies AG has identified improper transactions at the Africa-focused online retailer’s Nigeria business that amounted to as much as 4% of first-quarter sales.

MTN said to prepare share sale of African unicorn Jumia

2019-02-09 12:23

African online retailer Jumia is planning an initial public offering in New York this year that could value the business at about $1.5bn, according to people familiar with the matter.

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