After a brief period of dominance, African enterprises that specialise in eCommerce, Jumia have recently dealt a severe blow due to the general economic climate in the nations they service. Initially, business-to-consumer companies such as Jumia and Konga were the ones to enter the fray. However, as consumers’ ability to spend decreased, business-to-business companies entered … Continue reading JumiaPay records 37.8% decline in transactions, gross profit grows by 5%