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Jumia's share price sank more than 50% in one week after the report was published. [74] Citigroup, one of Jumia’s IPO underwriters, released a report debunking most of Citron’s allegations but noted that, “Jumia could do more to provide disclosure on some aspects of its operations, as a matter of transparency and best practice.” [75] [76]
Ron served as Senior Vice President (SVP) at Jumia Group, Africas's tech unicorn and CEO of Jumia Uganda until 2022. He was involved in Jumia's listing on the New York Stock Exchange in 2019, the first for an African tech company. Ron is often referred to as Uganda's father of e-commerce. [2] In 2021, he featured in Forbes. [3]
The Jumia Travel website operates out of 10 local offices across Africa (in Lagos (Nigeria), Accra (Ghana), Dakar (Senegal), Abidjan (Ivory Coast), Algiers (Algeria), Douala (Cameroon), Kampala (Uganda), Dar Es Salaam (Tanzania), Nairobi (Kenya) and, Addis Ababa (Ethiopia)) as well as offices in Europe, in Porto (Portugal) and Paris (France) and 3 regional headquarters in its main African ...
Since 2019, Jiji has been operating in five African countries: Nigeria, Kenya, Ghana, Uganda, and Tanzania after buying OLX Africa. [citation needed] In 2020, the company launched website and app in Ethiopia. In June 2021, Jiji has acquired an automotive company Cars45 in Nigeria, Kenya, and Ghana. [13] [14]
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Jumia Technologies AG (NYSE:JMIA), Africa’s prominent e-commerce platform, has launched a new integrated warehouse and logistics facility in Tema, Ghana. This investment reinforces Jumia’s ...
By 2015, it said it had powered 150,000 households in Kenya, Uganda, and Tanzania, with around 10,000 mobile payments made by users on its cloud platform, M-Kopanet, made on a daily basis. [1] It had over $40 million of revenue by 2015. [11] [12] In 2015, M-Kopa estimated that 80 percent of its customers lived on less than $2 a day. [13]
Anita Kyarimpa better known as Anita Fabiola is a Ugandan actress, tourism ambassador, Event host, business woman, and former beauty queen. [2] In February 2019 she was appointed as a Goodwill Tourism ambassador headlining the "Tulambule" campaign in liaison with the Uganda Tourism Board to promote tourism all over Uganda. [3]