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Tag: warehouse

  • Jumia Nigeria opens new warehouse, 600 more Jobs

    Jumia Nigeria opens new warehouse, 600 more Jobs

    Jumia, a prominent e-commerce platform in Nigeria, officially inaugurated its new integrated warehouse and logistics network facility in Lagos.

    Sunil Natraj, CEO of Jumia Nigeria, thanked the Nigerian people—especially their partners, suppliers, and advertisers—during his welcome address. Nigeria was hailed as Jumia’s “home” and “main bedroom” as he emphasised the country’s potential.

    Read also: Jumia Nigeria to expand, consolidate-warehouses into one depot

    Why Jumia’s launch is impressive

    According to Natraj, Jumia invests heavily in its supply chain to make it more agile, quick, and proactive. Thanks to the new warehouse in Isolo, Lagos, which spans over 30,000 square metres and has 17,000 square metres of covered storage, Jumia will be able to expand its operations and provide every Nigerian with a broader selection of affordable products.

    Mrs Folashade Ambrose-Medebem, the Commissioner for Commerce, Cooperatives, Trade and Investment, commended Jumia’s journey and impact on Nigeria’s e-commerce industry on behalf of Governor Babajide Olusola Sanwo-Olu of Lagos State. She reaffirmed Lagos’ commitment to supporting businesses and growth.

    According to her, this is a daring economic move towards the goal of faster, more reliable, and cheaper delivery of goods, which is essential for the expanding needs of the e-commerce industry. Initiatives like these, which boost the economy and create jobs for our people, have their proud supporters. Our local workforce will be even more robust thanks to the warehouse’s ability to generate many jobs and opportunities for skill development.

    How Jumia remains applicable to Nigerian

    During the ribbon-cutting ceremony, Natraj reaffirmed Jumia’s commitment to providing Nigerians with authentic, reasonably priced goods without hidden fees. He reassured them that Jumia’s supplier screening process is thorough.

    According to Natraj, competition is good for Jumia because it increases the company’s credibility and gives customers more options to compare and choose from. Jumia is well-prepared to handle the demands of the booming e-commerce sector in Nigeria thanks to its investments in the supply chain and expansion plans.

    The new facility will improve Jumia’s supply chain capabilities, allowing the company to serve more customers across Nigeria faster and scale operations up quickly. First-mile transportation between different sorting centres and warehouses will no longer be necessary, dramatically reducing carbon emissions.

    Read also: E-commerce Copia to shut down due to unprofitability

    According to Sunil Raj, CEO of Jumia Nigeria, the company has revolutionised online shopping in Nigeria by bringing together customers and brands. People in outlying places who didn’t have many options when shopping online now have more options.

    Jumia will be able to fulfil its mission of being the go-to online shopping destination for Nigerians thanks to the investments made in its supply chain through the new warehouse.

    Customers can rest assured that the products sold on Jumia are of high quality and originality because the platform upholds good standards and projects an increase in job opportunities between 400 and 600.

  • Kenya police raids Worldcoin warehouse, confiscates equipments

    Kenya police raids Worldcoin warehouse, confiscates equipments

    During the course of an ongoing investigation into its business activities and data gathering procedures, Kenyan law enforcement officials conducted a search warrant at a warehouse in Nairobi that belonged to Worldcoin and seized some equipment.

    Kenyan law enforcement agents entered a warehouse on Mombasa Road in Nairobi and seized several machines that they believed had data obtained by Worldcoin. The warehouse was located in Nairobi. According to a media outlet, the group drove this gear to the offices of the Directorate of Criminal Investigations so that it could be examined in further detail there.

    This comes after the Kenyan government placed a halt on Worldcoin’s business operations and launched an investigation into the company. In exchange for 25 World tokens, the cryptocurrency company Worldcoin had been scanning the irises of Kenyan residents. However, after hearing concerns voiced by privacy experts that sensitive data obtained by scanning a person’s iris would fall into the wrong hands, the Interior Cabinet Secretary Kithure Kindiki decided to put a halt to the activities of the company. Additionally, as a result of this, the government began to scrutinise the corporation even more.

    Read also: OpenAI plans premium, paid version of ChatGPT for businesses

    More details

    The Worldcoin (WLD) token got its name from the Worldcoin project, which inspired its development. Iris scans will be used to authenticate the identities of users who use financial services as part of this initiative, which will focus on the development of an ecosystem for World ID. By utilising World ID, users of these services are guaranteed to be real people and not just some kind of automated programme.  

    The initiative to create Worldcoin was taken on by a group that goes by the name “Tools for Humanity.” Sam Altman, who is well known as the founder of Open AI, was a co-founder of this organisation. Notably, the initiative has been successful in luring investments from well-known venture capital firms, one of which being the cryptocurrency part of Andreessen Horowitz known as a16z.

    Altman, the founder of Open AI, the company that produced the chat bot ChatGPT, says he believes the programme will assist in determining whether or not someone is a human or a robot.  According to Worldcoin, the company decided to launch the platform in Kenya as the first African country because the country’s technology sector is already thriving and more than four million Kenyans are currently trading in cryptocurrencies.

    According to the article, Immaculate Kassait, the Data Commissioner of the Data protection office, which had previously registered Worldcoin’s parent firm (Tools for Humanity) as a data processor, stated that Tools for Humanity neglected to disclose its genuine goals during registration. This information was provided by the Data protection office.

    About Worldcoin

    The San Francisco and Berlin offices of Tools for Humanity have collaborated on the development of a biometric cryptocurrency project called Worldcoin. It was established in 2019 by OpenAI chief executive Sam Altman, along with Max Novendstern and Alex Blania. Andreessen Horowitz is one of the company’s investors.

    Worldcoin’s goal is to combat bots and phoney virtual identities made possible by artificial intelligence by developing a trustworthy method for authenticating humans online. This method will be referred to as World ID. Using a distribution system for its cryptocurrency that is comparable to that of UBI, Worldcoin tries to incentivise people to join its network by having them have their iris scanned using Worldcoin’s orb-shaped iris scanner. This is done so that Worldcoin can verify that the user is who they say they are.