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    Jumia

    The success of mobile money laid the blueprint for a wave of Fintech startups that sought to build upon this digital financial infrastructure. One of the most prominent success stories is SafeBoda.

    Mobile Phone @30: Uganda’s Digital Entrepreneurship Boom Powered by the Mobile Phone

    Trevor LutaloFintechsNews & AnalysisStartupsJune 27, 2025June 27, 2025

    For three decades, the mobile phone has been an evolving cornerstone of Uganda’s landscape, consistently defying obsolescence. Far from being a mere communication device, it has seamlessly integrated into the…

    Jumia’s Revenue Falls 25% in Q2 2024, Set to Raise $100m to Improve Cash Position.

    Jonathan N. LubwamaCompany NewsGlobal NewsICTIndustry & AnalysisStartupsThe Big StoryAugust 7, 2024August 7, 2024

    Jumia Technologies AG, Africa’s e-commerce giant, has reported its financial performance for the second quarter of 2024, revealing a complex interplay of challenges and strategic responses. The company’s revenue for…

    BREAKING: Jumia to close its unprofitable food delivery business this month

    Muhereza KyamuteteraNews & AnalysisThe Big StoryDecember 14, 2023December 14, 2023

    Jumia Technologies, a pan-African e-commerce platform, has announced plans to close its food delivery business, Jumia Food. In a statement, the company said that it “will continue to operate its…

    CEO East Africa Explains: The Startup Playbook. How Startups Are Built.

    Jonathan N. LubwamaFintechsICTStartupsThe Big StorySeptember 20, 2023September 20, 2023

    Building a startup is an endeavour that is as challenging as it is rewarding. It is a journey that is fraught with uncertainty, risk, and the potential for failure. The…

    Jumia Q2 2023 Report Highlights Reduced Losses amidst Challenging Economic Conditions.

    Jonathan N. LubwamaICTStartupsThe Big StoryAugust 16, 2023August 21, 2023

    In the e-commerce sector, the ability to improve operational efficiency and achieve profitability is the pulse that beats within every organization’s heart. But for most e-commerce startups, including Jumia, it…

    Jumia’s Q1 2023 Financials: Losses Fell by More Than 50% Despite a 22% Drop in Active Users.

    Jonathan N. LubwamaICTIndustry & AnalysisNews & AnalysisStartupsMay 25, 2023June 6, 2023

    Africa’s leading e-commerce platform, Jumia, recently recorded strong financial growth in the first quarter of 2023. This happened under her new leadership led by Francis Dufay who became full-time CEO…

    Jumia Uganda gets new CEO

    Nelson NambooleCompany NewsNews & AnalysisNovember 11, 2022November 11, 2022

    Jumia, Africa’s leading e-commerce platform, has announced the appointment of Vinod Goel, as Uganda’s new Chief Executive Officer. Vinod takes over the leadership mantle from former CEO, Ron Kawamara who…

    Three Ugandan Startups Named in the 100 Most Funded African Startups

    CEO ReporterNews & AnalysisNovember 4, 2022November 8, 2022

    Ugandan fintechs Chipper Cash, Tugende and Asaak have been named in the top 100 Most Funded African Startups in research compiled by Digest Africa, a Pan-African data and intelligence startup…

    E-Trade is the new normal – Minister commends e-commerce firms as they launch umbrella association

    Nelson NambooleNews & AnalysisSeptember 26, 2022September 26, 2022

      E-commerce firms in Uganda have officially launched their umbrella, E-Trade and Startup Association of Uganda, a rational initiative that helps organizations and startups unlock the potential of the trade….

    Stanbic Bank offers free delivery for customers shopping on Jumia Uganda

    CEO ReporterCompany NewsNews & AnalysisOctober 13, 2021October 13, 2021

    Jumia, a leading e-commerce firm, has announced a partnership with Stanbic Bank that will see all consumers that pay using  Stanbic Visa card get free delivery on all items purchased…

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