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Jumia records losses in Q2

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African e-commerce giant Jumia today has its second-quarter financial performance, showing continued losses.  The company recorded a decline in operating losses and adjusted EBITDA in...

MTN Group makes over US$142 million from Jumia stake sale

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MTN Group has announced the sale of its stake in Jumia, one of Africa’s largest eCommerce firms, making slightly over US$142 million for the...

MTN to sell stake in Jumia, IHS Towers

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The MTN Group, one of Africa’s largest telecom providers, is reportedly taking steps to offload some assets with plans to sell its stake in...
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