News
MTN may sell shares in Jumia
MTN Group is exploring a sale of shares in African online retailer Jumia and values the company at as much as US$1-billion, according to people familiar with the matter.
Browsing: Jumia
News
Safaricom turns to bikers to boost e-commerce
Safaricom, the Kenyan mobile phone company that runs a money transfer service almost the size of the East African nation’s economy, invested in a courier service business in an effort to stimulate e-commerce and gain a foothold in growing
News
Jumia parent raises billions for growth
South African telecommunications group MTN, along with investment firm Rocket Internet and investment bank Goldman Sachs, have announced they are pumping €300m, or more than R5bn
News
Black Friday deals: online retailers gear up
Traditional retailers and online stores are gearing up for Black Friday, which is likely to give the South African retail sector a pre-Christmas boost. Black Friday originated in the US and is the Friday after the American Thanksgiving when retailers sell their merchandise
Opinion
E-commerce takes root in Nigeria
Early e-commerce market entrant in Nigeria, Naspers’s Kalahari.com, came and went, with many suggesting it was inevitable given that the number of online customers was tiny. But Rocket Internet start-up Jumia and Konga, backed by Sweden’s Kinevik and Naspers, are now estimated by those