Tag: pan African

Pan-African e-commerce platform, Jumia has announced a number of measures to support different African governments in the fight against the coronavirus outbreak. Juliet Anammah, Chairwoman of Jumia Nigeria and Head Institutional Affairs at Jumia Group joins CNBC Africa for more.

Last month it was announced that Jumia was suspending their food delivery services here in Rwanda, the news came amidst reports that the Pan-African e-commerce company had already shut down operations in several other African countries, including Cameroon and Tanzania, but to customers here in Kigali, the news was still quite surprising. The service had become a mainstay in many city dwellers' lunch and dinner plans and the outcry was heard on Twitter. Enter, Vuba Vuba – a new company by former Jumia Rwanda Managing Director, Albert Munyabugingo, plans to pick up where Jumia Food left off. He joins CNBC Africa for more.

News arrived this week that Pan-African e-commerce company, Jumia – best known here in Kigali for its restaurant delivery service, is suspending operations in Rwanda. This comes after the company already shut down in Cameroon and Tanzania. Back in April the company, which many compared to Amazon, showed immense promise with a very high valuation and a New York listing, now with the new setbacks, what does this mean for them and the generation of African start-ups behind them that were looking to follow in their footsteps? Kenneth Agutamba, Analyst and Chief Strategist at Impact Communication Strategies joins CNBC Africa for more.

Pan-African e-commerce giant Jumia has suspended its Marketplace business in Cameroon. Jumia did not publicly announce its imminent closure in the country and the move took many customers and local staff by surprise – CNBC Africa's Arnold Kwizera spoke to Tech entrepreneur, Rebecca Enonchong on the latest move by Jumia.

Shelter Afrique is a Pan-African finance institution dealing with providing affordable housing finance and advisory solutions on the continent. CNBC Africa’s Chris Bishop spoke to Shelter Afrique’s MD and CEO, Andrew Chimphondah at the Africa Investment Forum about their quest for partners, impact investment and ‘smart cities’ among other things.

Africa-focused health tech genomic startup 54Gene recently raised $4.5 million in seed capital and plans to build a DNA biobank in Africa. Abasi Ene-Obong CEO of 54gene joins CNBC Africa for more.

Mercer and Alexander Forbes have joined forces to create a Pan African benefits solution called Arrive, which spans across solutions to health, wealth and career. The collaboration is its first of its kind between two companies which is providing the most comprehensive benefit services across Africa. Craig Bentley, Managing Executive of Coverage at Alexander Forbes joins CNBC Africa for more.

Last year telecommunications company Orange and MTN launched Mowali, pan-African mobile money interoperability, to scale up mobile financial services across Africa. Elisabeth Medou Badang, spokesperson for Orange Middle-East and Africa joins CNBC Africa to speak on challenges and opportunities of digital transformation.