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Massimiliano Spalazzi took over from Anammah as CEO in Nigeria in January 2020 and Anammah was appointed chairwoman of Jumia Nigeria and the Head of Institutional Affairs, Africa. [15] In 2015, Jumia generated $234 million in revenue, a 265% growth from 2014. [16] In 2016, Jumia became the continent’s first unicorn being valued at over 1 ...
Jumia Travel was founded in 2013 by the E-commerce platform Africa Internet Group (now Jumia Group) and is backed by MTN, Rocket Internet, Millicom, Orange, Axa and other financial partners. [11] Operations were started in 2013 in Nigeria and Kenya by company's co-founder Marek Zmysłowski [12] and Estelle Verdier. [13]
By the age of 11, she had created her first email address, and at 16, she built her first website. Fatoumata holds a bachelor's degree from Toulouse Business School in Togo , and a masters degree in Management, Strategy, Marketing, and Finance from ESC Toulouse, France . she further attended Harvard Kennedy School , United States, for Executive ...
Nigeria is a federal republic in West Africa, bordering Benin in the west, Chad and Cameroon in the east, and Niger in the north. As of 2015 Nigeria has the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. It overtook South Africa to become Africa's ...
Nigeria Liquefied Natural Gas: Oil and gas 6,315 ... 3 MTN Nigeria: Telecommunications 3,514 536 4 Dangote Cement: Cement 2,699 721 5 Nigerian Petroleum Development: Oil and gas 2,686 219 6 Flour Mills of Nigeria: Agroindustry 2,014 67 7 Airtel Nigeria: Telecommunications 1,503 343 8 Nigerian Breweries: Agroindustry 890 19 9 Jumia: Retail 837 ...
This investment reinforces Jumia’s commitment to Ghana’s e-commerce growth and aligns with its strategy to optimize operations across Africa, following similar expansions in Nigeria, Morocco ...
In 2012, Travelstart Nigeria was launched. [11] and later Travelstart Egypt, which was located in Maadi district of Greater Cairo. In December 2019, Travelstart acquired competitor Jumia Travel from Jumia. [12] Under the purchase agreement, Travelstart took control of Jumia Travel's online book websites. [13]
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