Jumia CEO sees ‘Inflection Point’ as Q3 revenue climbs 25% to $45.6 million
Jumia's revenue for Q3 2025 reached $45.6 million, a 25% increase year-over-year. Operational losses decreased to $17.4 million, down 13% from the previous year.
Ghana to introduce anti-misinformation law as digital regulation trend spreads across Africa
Ghana plans to introduce legislation to combat misinformation and disinformation. Communications Minister Samuel Nartey George will present the bill to Parliament in the upcoming session.
Bolt suspended in Tunisia over allegations of money laundering and tax evasion
Tunisian authorities suspended Bolt amid allegations of money laundering and tax evasion. Approximately 12 million Tunisian dinars were frozen in accounts related to Bolt's operations.
Why we left Tunisia and South Africa in 2024 – Jumia
Jumia ceased operations in South Africa and Tunisia in October 2024. The exit was driven by political and economic developments impacting consumer spending.
Jumia remains in the red in Q4 2024, despite years of cost cutting
Jumia reported a revenue of $45.7 million for Q4 2024, down 23% year-over-year. Operational losses grew to $17.3 million, compared to $4.5 million in the same period last year.
