10 results
- 12 Aug 2026
World Bank Investing $25 million in Equity in Jumia Technologies
The World Bank Group is supporting the expansion of Africa's digital commerce infrastructure to help small businesses reach new markets, create jobs, and strengthen economic opportunities across the…
- 20 May 2022
Jumia Sees Growth in First Quarter 2022 Results
Jumia Technologies AG (“Jumia” or the “Company”) announced its financial results for the first quarter ended March 31, 2022. “We kicked off 2022 with very strong growth momentum, closing the first…
- 9 May 2019
Jumia Shares Plummet after Citron Calls the Firm a 'Fraud'
Jumia Technologies AG JMIA, -18.79% shares sank 14.6% in Thursday trading after Citron Research's Andrew Left, a noted short seller, announced in a report that they have the "smoking gun" that shows…
- 11 Feb 2026
Nigeria Market Powers Jumia’s Momentum as E-commerce Platform Demand Accelerates
Nigeria powered Jumia Technologies AG’s strongest growth in 2025, cementing its position as the company’s most important market as rising consumer demand, SME activity and logistics expansion boosted…
- 5 Aug 2020
MTN Seeking to Sell Stake in Jumia
MTN Group is planning to sell part or all of its $243 million interest in Jumia Technologies AG as Africa’s biggest wireless carrier looks to pay down debt and enter new markets, according to people…
- 3 Nov 2019
MTN to Sell $534m Worth of Towers
MTN Group Limited has concluded all plans set to sell its $534 million stakes in tower assets in West African and East African countries Ghana and Uganda respectively. Consistent with its plan…
- 29 Oct 2024
Google among Investors Funneling $110m into Moniepoint Nigeria
Moniepoint, a Nigerian cash-transfer startup, raised $110 million in an equity sale to expand in home market and across Africa, Tosin Eniolorunda, founder and chief executive said. The Series C…
- 21 Jul 2019
Interswitch Reignites Plans to Raise $1Bn from IPO
Interswitch, Nigeria’s leading payments processing company has reignited its plans for an initial public offering (IPO), via a dual listing on the Nigerian Stock Exchange and London Stock Exchange…
- 4 Feb 2016
AG Mobile, Africa’s Leading ODM Launches Presence in Nigeria
AG Mobile, recognised as one of the Africa’s first Original Design Manufacturer (ODM) has launched presence in Nigeria. The African mobile technology brand was the first South African brand to…
- 18 Jul 2016
Yudala Bags eCommerce Company of the Year
Another feather has been added to the cap of Africa’s pioneer composite e-commerce outfit, Yudala after the company emerged the e-commerce company of the year at the prestigious Nigerian Telecom…