‘Amazon of Africa’ Jumia Fights to Rebuild Investor Trust

‘Amazon of Africa’ Jumia fights to rebuild investor trust

The pan-African ecommerce group has been cutting costs in latest push to reach profitability

AXIAN’s strategic bet on Jumia signals rising confidence in Africa’s digital economy

Africa’s digital commerce sector is entering a new chapter, one defined not by speculation but by strategic partnerships that reflect long-term confidence in the continent’s growth. One of the most significant developments in this space is AXIAN Telecom’s recent acquisition of a 9.18% stake in Jumia, the leading e-commerce platform operating across multiple African markets. According to the latest filing with the U.S. Securities and Exchange Com…

Baillie Gifford's dumping of Jumia shares, bad news for Africa ...

Jumia ramps up strategy to counter Chinese rivals Temu, Shein amid investor pressure

Africa’s e-commerce giant, Jumia, said it is reshaping its business strategy to defend market share, boost profitability, and restore investor confidence as Chinese e-commerce giants Temu and Shein intensify their presence in Africa. Jumia CEO Francis Dufay stated this in an interview with the Financial Times, where he also disclosed that the company is in […] The post Jumia ramps up strategy to counter Chinese rivals Temu, Shein amid investor p…

Why Investors Can’t Trust the System—and Should Trust Gold - Conservative Angle

(Money Metals News Service) In a wide-ranging and candid interview on the Money Metals podcast, host Mike Maharrey sat down with Axel Merk—President and CIO of Merk Investments—to explore the deepening divide between government fiscal behavior and investor interests. The conversation centered on growing sovereign debt, entitlement reform avoidance, shifting macroeconomic dynamics, and the critical role of […] The post Why Investors Can’t Trust t…

Broken Precious Metal Promises

Broken Precious Metal Promises Truth be told, the United States has reneged on its financial obligations, and its defaults always reveal its paper currency and broken promises aren’t as sound and trustworthy as silver and gold. Stuart Englert Fri, 06/13/2025