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Mauritius · MauritiusJumia made headlines as the “Amazon of Africa” for much of the last decade, becoming Africa’s first tech unicorn and going public at USD 14.00 a share in 2019 before soaring past USD 50.00. But in 2025, it’s a complicated tale, exiting markets, shedding services, early backers pulling out, and its stock under USD 5.00. Today, a surprising player is in the wings, plotting a takeover of Africa’s biggest e-commerce company, reports suggest. The sui…See the Story
Why Jumia Technologies Stock Sank Today @themotleyfool #stocks $JMIA $^GSPC $^IXIC
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FinanceWave Mobile Money, a mobile financial service that offers affordable solutions for saving, transferring, and borrowing money across Africa, has secured $137 million in debt financing to expand operations across existing and new markets. The funding led by Rand Merchant Bank (RMB) and backed by global development finance institutions, including British International Investment (BII), Finnfund, […] The post Wave Secures $137M Debt Funding to Expan…See the Story
African Fintech Wave Secures $137M Debt Funding to Expand Mobile Money Footprint
Knife Capital celebrates 15 years with Series A investments in Sticitt and Optique - Innovation Village | Technology, Product Reviews, Business
Ghana’s Liquify Raises $1.5M to Digitize Trade Finance for African Exporters
Kenya's BuuPass Secures Funding From Yango Ventures To Expand Intercity Transport
Better Auth, an authentication tool by a self-taught Ethiopian dev, raises $5M from Peak XV, YC
100% Center coverage: 1 sources