Business

Africa Internet Group, Parent of Jumia, Secures Over € 300M of Funding from MTN, Rocket Internet, AXA & Goldman Sachs.

Africa Internet Group (“ AIG”), the parent of Jumia, the leading ecommerce platform in Africa, has secured more than Euro 300 million in funding from new and existing investors, including the previously announced funding commitment from AXA, a worldwide leader in insurance and asset management. This new round of investment is led by existing investors …