Jumia trims workforce to 2,000 as it accelerates AI-driven operations

Jumia cuts staff to 2,000 as it adopts AI to boost efficiency and profitability. The e-commerce leader eyes breakeven by 2026.

AXIAN Telecom takes 8% stake in Jumia days after Baillie Gifford fully exits 

AXIAN Telecom takes 8% stake in Jumia after Baillie Gifford exit. This major investor reshuffle signals a strategic telecom-backed partnerships in African e-commerce.