Expanding Your Horizons
Jumia is a pan-African e-commerce and technology company founded in 2012 by Jeremy Hodara and Sacha Poignonnec, initially backed by Rocket Internet. The company operates an online marketplace connecting buyers and sellers, Jumia Logistics (last-mile delivery network), and JumiaPay (digital payments). Jumia launched in Nigeria in 2012 and expanded across Africa to Egypt, Morocco, Kenya, Ivory Coast, and South Africa. The company completed a NYSE IPO in April 2019, making it the first African tech startup to list on a major US exchange.
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