Jumia

E-Commerce Giant Jumia Secures $50m To Speed Up Profit Drive

African online retailer Jumia has secured 50 million dollars in fresh cash to keep its business growing. The World Bank's private sector unit, IFC, put up half the funds while telecom group Axian backed the rest. The financial...

Mobile Phones Sale Surges In Nigeria’s Rural Regions In 2022 – Jumia

A leading e-commerce company, Jumia has reported that mobile phones demand significantly increased in Nigeria’s rural areas in 2023, representing the most ordered items by rural dwellers. The company, in its just published yearly insight report tagged “E-commerce in Rural...
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