jumia

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You are reading Factsheet, our series of specific guides on experiencing and using technology platforms in Africa. Whether you are looking for knowledge on getting your African film on Netflix, raising a seed round or finishing an online design course, we are covering all that. — OPay’s payments product is supposedly growing. It has been […]

Jumia has lost $120m so far in 2019, admits it has a fraud problem

Jumia’s new aggressive drive towards profitability over growth has a new casualty: its hotel and flight services vertical Jumia Travel will be offloaded, effective immediately.  “We have decided to enter into a partnership with our partner, Travelstart. While we will continue to promote the Travel category, Travelstart will be responsible for the operational side of […]


Jumia shuts down operations in Tanzania as it pursues profitability
Business, ecosystem, FinTech, Government, long reads, News, Policy, startups, Technology
28th November 2019

Jumia has shut down its e-commerce business in Tanzania. Users in the country will no longer be able to buy and sell goods from the retailer’s website, Jumia.tz. In a statement to TechCabal, Jumia said its Tanzanian exit is “part of ongoing portfolio optimization efforts.” “While Tanzania has strong potential and we’re proud of the […]


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