TechCabal Weekly Podcast: Africa sees another big exit and investors are excited about Jumia once again

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TechCabal Weekly

TechCabal

12 episodes

1 week ago

TechCabal Weekly is a roundup of the most important tech news from around Africa every week.

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TechCabal Weekly is a roundup of the most important tech news from around Africa every week.

Tech News

News

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TechCabal Weekly Podcast: Africa sees another big exit and investors are excited about Jumia once again

TechCabal Weekly

6 minutes 38 seconds

5 years ago

TechCabal Weekly Podcast: Africa sees another big exit and investors are excited about Jumia once again

"Where are the exits" is a question that gets asked often by observers of the African tech ecosystem. While funding news is not in short supply, we're finally seeing some important exits. In May, Beyonic was acquired by MFS Africa and now DPO has been acquired by Network International for $288 million.

There's also some recent excitement among investors for Jumia stock, which is now trading at around $12 after it slunk to lows of $3.95 in May 2020. What's got investors excited about Jumia? Find out in this episode!