Jumia Uganda

Jumia Uganda is a leading e-commerce platform in Africa, offering convenient and affordable online services to consumers. Founded in 2012, Jumia believes that technology has the potential to transform everyday life in Africa. It was listed on the New York Stock Exchange (NYSE) in 2019 and operates in 11 countries, solidifying its position as the leading e-commerce company in the continent. The Jumia platform consists of a marketplace connecting sellers with consumers, a logistic service for shipment and delivery, and JumiaPay for safe and easy online payment transactions. The company covers a broad range of categories, including electronics, home appliances, fast-moving consumer goods, fashion, and beauty, generating over USD 1 billion in Gross Merchandise Value in 2022. With over eight million customers, Jumia has shown rapid growth and potential. The recent grant investment received on 17th April 2023 from Jobtech Innovation Lab further solidifies its position and potential in the e-commerce and retail industries. Jumia's innovative approach and strong market presence make it a promising investment opportunity in the African e-commerce landscape.