Jumia Expands Delivery Service to Nigeria
Following success in Côte d'Ivoire, Jumia Delivery launches in Nigeria with plans to enter more key markets
LAGOS, NG / ACCESS Newswire / May 13, 2025 / Jumia, the leading pan-African e-commerce platform, today announced the expansion of its logistics service, Jumia Delivery, to Nigeria. Building on its successful operations in Côte d'Ivoire, Jumia Delivery offers individuals and businesses a fast, secure, and cost-effective parcel delivery service across the country.
With one of the largest delivery fleets and a distribution network spanning over hundreds of cities, Jumia Delivery is set to revolutionize logistics and enhance shipping convenience for all. Customers can now send parcels with ease, benefiting from Jumia's reliable logistics infrastructure and extensive partnerships with third-party logistics providers.
'Africa's growing digital economy demands robust and efficient delivery services, and we are excited to introduce Jumia Delivery as a reliable solution to improve last-mile logistics. The introduction of Jumia Delivery in Nigeria, following our success in Côte d'Ivoire, is a major step forward in addressing logistics challenges and meeting the evolving needs of both individuals and businesses,' said Francis Dufay, CEO of Jumia.
Following its rollout in Nigeria, Jumia plans to expand Jumia Delivery to other key markets including Kenya, Ghana and Senegal, further extending its logistics capabilities across the continent.
With a customer-centric approach, Jumia continues to innovate and expand its logistics infrastructure, reinforcing its role as a key enabler of Africa's e-commerce ecosystem.
About Jumia
Jumia is a leading pan-African e-commerce platform, with operations across 9 African countries. Its mission is to improve the quality of everyday life in Africa by leveraging technology to deliver innovative, convenient, and affordable online services to customers, while helping businesses grow as they use Jumia's platform to better reach and serve customers.
The Jumia platform consists of a marketplace that connects thousands of sellers with customers, a vast logistics network that enables the shipment and delivery of packages, and a proprietary payment service, JumiaPay, which facilitates transactions among participants active on the Jumia platform in select markets.
Contact : Abdesslam Benzitouni - Global Head of Communications and Public Relations - [email protected]
For more information about Jumia, follow us on LinkedIn Jumia Group and Twitter @Jumia_Group
Forward Looking Statements (Jumia)
This release includes forward-looking statements. All statements other than statements of historical facts contained in this release, including statements regarding our future results of operations and financial position, industry dynamics, business strategy and plans and our objectives for future operations, are forward-looking statements. These statements represent our opinions, expectations, beliefs, intentions, estimates or strategies regarding the future, which may not be realized. In some cases, you can identify forward-looking statements by terms such as 'may,' 'will,' 'should,' 'expects,' 'plans,' 'anticipates,' 'could,' 'intends,' 'targets,' 'projects,' 'believes,' 'estimates', 'potential' or 'continue' or the negative of these terms or other similar expressions that are intended to identify forward-looking statements. Forward-looking statements are based largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements involve known and unknown risks, uncertainties, changes in circumstances that are difficult to predict and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statement, including, without limitation, the risks described under Item 3. 'Key Information-D. Risk Factors,' in our Annual Report on Form 20-F as filed with the US Securities and Exchange Commission for the year ended December 31, 2024. Moreover, new risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Considering these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We caution you therefore against relying on these forward-looking statements, and we qualify all of our forward-looking statements by these cautionary statements.
The forward-looking statements included in this release are made only as of the date hereof. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, neither we nor our advisors nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Neither we nor our advisors undertake any obligation to update any forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in our expectations, except as may be required by law. You should read this release with the understanding that our actual future results, levels of activity, performance and events and circumstances may be materially different from what we expect.
SOURCE: Jumia Technologies AG
press release
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
5 hours ago
- Business Insider
South Africa leads as 17 African companies make Forbes list of world's largest firms
For the 23rd consecutive year, Forbes has released its Global 2000 ranking, highlighting the world's largest and most influential publicly traded companies, with South Africa accounting for the majority of Africa's entries. Forbes released its 23rd Global 2000 ranking of the world's largest publicly traded companies in 2025. A total of 17 African companies are on the list, with South Africa leading the entries. South Africa dominated the African representation with firms across finance, tech, mining, chemicals, and more. In 2025, a total of 17 African companies made the Forbes Global 2000 ranking, dominated by South Africa with 14 entries, followed by Morocco with 2 and Egypt with 1. Per Forbes, the 2025 Global 2000 companies collectively account for $52.9 trillion in revenue, $4.9 trillion in profits, $242.2 trillion in assets, and a $91.3 trillion market capitalization. Notably, despite global economic challenges such as renewed U.S. trade tensions, these companies achieved record-breaking figures across all four key metrics: revenue, profit, assets, and market value; showcasing remarkable resilience. 17 African countries ranked within the global top 2,000: RANK Company Country Sector New Gains 1 FirstRand South Africa Banking $2.26 B 2 Standard Bank Group South Africa Banking $2.39 B 3 Naspers South Africa IT software & Services $3.31 B 4 Sanlam South Africa Insurance $1.21 B 5 Absa Group South Africa Banking $1.17 B 6 Attijariwafa Bank Morocco Banking $956 M 7 Nedbank South Africa Banking $926.6 M 8 Old Mutual South Africa Insurance $418.2 M 9 Gold Fields South Africa Materials $ 1.24 B 10 AngloGold Ashanti South Africa Materials $1 B 11 MTN group South Africa Telecom Services $-523.2 M 12 CAPITEC South Africa Insurance $659.1 M 13 International Commercial Bank Egypt Banking $1.1 B 14 Momentum Metropolitan Holdings South Africa Insurance $271.4 M 15 Sasol South Africa Chemicals $ -2.69 B 16 Banque Centrale Populaire Morocco Banking $416.9 M 17 Bid South Africa Hotels, Restaurants & Leisures $433.3 M Africa's representation on the Forbes Global 2000 list may be modest, but there's no doubting its economic influence is steadily growing within and beyond the continent. This is evident in the diverse range of companies featured, from established multinationals to emerging tech and financial powerhouses. South Africa has once again cemented its dominance in Africa's corporate landscape, with the majority of the continent's representatives in the 2025 Forbes Global 2000 list. Out of the 17 African firms that made the cut, 14 are based in South Africa, spanning sectors such as banking, insurance, telecommunications, mining, and chemicals. Leading South Africa's presence are FirstRand, Standard Bank, and Naspers, reflecting the country's strength in finance and tech. Morocco follows distantly with two companies, Attijariwafa Bank and Banque Centrale Populaire, while Egypt's Commercial International Bank (CIB) is the only North African entrant outside Morocco. The exclusion of Nigerian companies from the ranking is concerning. Despite hosting major oil and industrial giants, Nigeria's low number of publicly listed large-cap firms and weak presence in global financial benchmarks limit its corporate visibility, even as Africa's most populous nation.
Indianapolis Star
6 hours ago
- Indianapolis Star
New to The Street Episode #671 Airs Tonight on Bloomberg Television at 6:30 PM EST Featuring FLOKI, Arrive AI (NASDAQ: ARAI), Health In Tech (NASDAQ: HIT), Vita Bella, and NRX Pharmaceuticals (NASDAQ: NRXP)
This week's episode is sponsored by The Sustainable Green Team's Waterless Garden (OTC:SGTM) and PetVivo Holdings, Inc.'s (NASDAQ:PETV) innovative SPRYNG™ product. NEW YORK CITY, NY / ACCESS Newswire / June 14, 2025 / New to The Street, the nationally syndicated business television series known for spotlighting innovation across sectors, announces the premiere of Episode #671 airing tonight on Bloomberg Television at 6:30 PM EST. This week's broadcast features five dynamic companies making waves across blockchain, AI, health tech, wellness, and pharmaceutical sectors: FLOKI – The globally recognized crypto and blockchain brand building Web3 utility through its DeFi ecosystem. Arrive AI (NASDAQ:ARAI) – Developer of a patented smart mailbox delivery platform, leading last-mile logistics innovation with its autonomous, AI-powered systems. Health In Tech (NASDAQ:HIT) – A pioneer in digital underwriting and quote-to-card technology for health insurance, transforming how plans are built and priced. Vita Bella – A wellness brand that continues to expand its national presence through health-focused lifestyle offerings. NRX Pharmaceuticals (NASDAQ:NRXP) – A late-stage pharmaceutical company advancing treatments for CNS disorders and respiratory distress. This week's featured corporate sponsors include: The Sustainable Green Team (OTC:SGTM) and its revolutionary Waterless Garden initiative for drought-resistant, sustainable landscaping. PetVivo Holdings, Inc. (NASDAQ:PETV), showcasing continued progress with its SPRYNG™, a veterinary injectable device for treating osteoarthritis in companion animals. Upcoming Highlights: New to The Street has also wrapped filming this week with several prominent brands: GLINT Pay (Private) – A disruptive gold-as-money platform allowing real-time gold transactions. Lahontan Gold Corp. (TSX.V:LG / OTCQB:LGCXF) – Canadian gold exploration company with high-grade assets in Nevada. Greer Consulting Group – Providing strategic solutions across regulatory compliance, M&A, and executive strategy. Special Feature Segment: A culinary showcase from two of New York City's most iconic dining destinations – Black Barn and Hunt & Fish Club – blending luxury hospitality with the business of restaurant branding. Additionally, special segments fromIMG Academy, Skip Barber Racing School, and KITON will continue to roll out in the coming months as part of New to The Street's ongoing coverage of elite performance, luxury, and innovation. Quote from Vince Caruso, Creator and Executive Producer of New to The Street: 'We continue to be a destination for innovative and publicly traded companies ready to tell their story at scale. Tonight's show blends AI, healthcare, crypto, and wellness with real national TV exposure. We're proud to feature these brands and grateful to our show sponsors for helping amplify their messages.' About New to The Street Since 2009, New to The Street has become one of the most trusted platforms for public and private companies to share their stories. The show combines sponsored programming with earned media, enhanced by iconic outdoor campaigns, nationwide TV commercials, and non-deal roadshows that connect executives with top-tier investors and institutions. With weekly reach across 220 million linear TV households, a growing 2.65 million YouTube subscribers, and a robust social media presence exceeding 700,000 followers across LinkedIn, Facebook, Instagram, and X, New to The Street delivers unparalleled exposure and credibility in the business media space. For more information, visit SOURCE: New To The Street View the original press release on ACCESS Newswire
New York Post
9 hours ago
- New York Post
Why AI — not DEI — could be society's great equalizer
In companies across America, AI systems are coding software, creating marketing campaigns, and writing legal briefs — jobs that were once reserved for highly educated professionals. The college degree, long touted as the great equalizer, is losing value as algorithms master tasks that take humans years to learn. This isn't some distant scenario; it's happening now, and it will trigger the most profound workplace disruption since the Industrial Revolution. 5 AI will irrevocably change the global workforce, but hit white-collar workers harder than their blue-collar counterparts, which could benefit minorities. DC Studio – While most Americans still view today's job market struggles as temporary, major employers are quietly rebuilding their workforce strategies around AI-driven productivity increases — along with massive labor reductions. The revolution that's coming won't just change how we work, it will also upend who works at all. The data tells a stark story. McKinsey researchers project that 60%-70% of worker activities could be automated in the next three years. Goldman Sachs predicts 'significant disruption' affecting 300 million jobs in the US and Europe. The World Economic Forum estimates 85 million positions eliminated by the end of 2025. This AI revolution will also shatter the very assumptions on which diversity, equity and inclusion frameworks have been built. 5 According to the Dept. of Labor, minorities such as Latinos and African-Americans are more heavily represented in blue-collar professions such as construction, nursing and being security guards. These are jobs AI will have a far-harder time replacing. For decades, DEI operated under a prescriptive model: Expand access to elite education and professional careers seen as bastions of privilege where White people disproportionately benefit from systemic advantages. The 'knowledge economy' was framed as the promised land, and entry into white-collar strongholds — law, finance, tech, media — became the key to achieving both individual mobility and group equity for underrepresented groups. But what happens when AI targets those very professions for elimination? The evidence is clear: The occupations most vulnerable to AI displacement aren't blue-collar; they're white-collar, knowledge-economy jobs. Goldman Sachs' analysis shows that administrative support roles face 46% automation potential, legal work 44% and architecture and engineering 37%. Meanwhile, installation, maintenance and repair jobs face only 4% automation potential, and construction 6%. This creates a policy conundrum: How viable will any DEI model be when the majority of jobs lost are among 'privileged' white-collar workers? Traditional identity-based frameworks become inadequate when both Ivy League graduates and high-school-educated workers face simultaneous displacement. 5 Goldman Sachs' analysis shows that administrative support roles face 46% automation potential, legal work 44% and architecture and engineering 37%. Tierney – Paradoxically, the AI revolution may also usher in an era where blue-collar work offers more security than white-collar careers. Plumbers, electricians, HVAC technicians, and other tradespeople operate in unpredictable physical environments, precisely the conditions AI and robotics struggle to navigate. These are also fields where people of color are not underrepresented. According to Bureau of Labor Statistics data, Black workers constitute substantial portions of certain skilled trades, including nursing assistants (38%), security guards (36%) and transit drivers (33%). Similarly, BLS data finds that Hispanic workers are 'substantially overrepresented' in skilled trades like painting (59%), construction labor (51%) and carpentry (42%). As AI disrupts the economic security of college-educated professionals, it may, ironically, elevate sectors that DEI initiatives have largely overlooked. 5 Author Monica Harris says that AI challenges the value of human labor, and forces society to reconsider what makes us valuable beyond our economic output. Athena Lonsdale For the Black community, this economic shift has an important historical parallel. When enslaved Americans in Texas finally received news of their emancipation on June 19, 1865, many chose to forge pathways to economic advancement through skilled trades and entrepreneurship. Recognizing that financial independence was essential to freedom, they built sustainable livelihoods as blacksmiths, carpenters, seamstresses and business owners. Similarly, today's AI revolution may once again elevate trades and practical skills as crucial avenues of economic security for Blacks forced to pivot in a changing landscape. Today, the impact of AI challenges fundamental assumptions underlying DEI initiatives and necessitates an expanded framework for inclusion. It also invites a mandate to prepare all workers to thrive in an AI-mediated economy — not by chasing a shrinking number of office jobs, but by redefining what inclusion means in a post-white-collar era. This includes rethinking vocational education, investing in digital fluency across sectors and honoring skilled trades not as fallback options, but as integral components of a resilient and equitable workforce. 5 The workforce revolution brought about by AI may once elevate trades and practical skills as crucial avenues of economic security for African-Americans. Dearix – The coming disruption isn't just technological; it's philosophical. As AI challenges the value of human labor, it will force us to reconsider what makes us valuable beyond our economic output. This recognition of our common humanity could serve as the foundation for a new kind of inclusion, one defined by our shared vulnerability, adaptability and inherent dignity in a machine-accelerated world. We can approach the AI revolution as competing members of identity groups fighting for diminishing economic opportunities, or as a nation confronting a fundamental shift in how we define our worth and purpose. The latter path offers the possibility that in facing a common technological challenge, we might finally focus on what unites us rather than what divides us. Monica Harris is executive director of Fair For All.
