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Jumia

Jumia is shutting down in parts of Africa in portfolio review

Online retailer Jumia Technologies has announced the shutting down of its portfolio in Tanzania. The company announced this decision weeks after shutting its office and...

Jumia share price plunges 18% after critical report

Jumia, the e-commerce firm with it's headquarters in Nigeria is facing major challenges on the New York Exchange (NYSE). Its share price has plunged by...

Jumia’s African identity questioned

Last week Jumia was celebrated globally for listing on the New York Stock Exchange. It was a novelty for African startups which Jumia is...

Africa’s Jumia lists on New York Stock Exchange

African e-commerce start-up Jumia has finally debuted on the New York Stock Exchange. Jumia listed 17.6% of its shares at $14.50 a share as it...

Tech start-up Jumia to list on New York Stock Exchange

African e-commerce start-up Jumia has filed papers for an initial public offering on the New York Stock Exchange on the 30th anniversary of the...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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