
AXIAN Telecom Acquires 8% Stake in Jumia Technologies, Signaling Renewed Confidence in African E-commerce
AXIAN Telecom has acquired an 8% stake in Jumia Technologies, reaffirming confidence in the e-commerce platform’s fintech and logistics strengths. This strategic move aligns with AXIAN’s mission to promote digital and financial inclusion across Africa. Jumia is focused on core markets and growth verticals under new leadership, signaling a strong turnaround.