Jumia

Jumia is Africa’s first unicorn and leading e-commerce platform. Founded in 2012 by Sacha Poignonnec, Jeremy Hodara, Tunde Kehinde, and Raphael Afaedor, Jumia operates in over 11 African countries, including Nigeria, Kenya, and Egypt. Often referred to as the “Amazon of Africa,” Jumia offers a wide range of products, from electronics to groceries, alongside services like food delivery and travel bookings.

Jumia’s innovative logistics network enables sellers to reach customers efficiently, overcoming challenges posed by Africa’s fragmented infrastructure. The platform also offers JumiaPay, a secure payment solution that facilitates online transactions.

Listed on the New York Stock Exchange in 2019, Jumia became the first African tech company to go public in the U.S. Despite facing profitability challenges, the company continues to grow, serving millions of users and playing a vital role in advancing e-commerce across the continent.