Tag: e-commerce

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Jumia posts $818.6 million merchandise sales in 2025

Jumia records $818.6 million in 2025 merchandise sales, boosting revenue and narrowing losses as Africa’s top e-commerce platform grows.

Omokolade Ajayi Omokolade Ajayi
PayPal commits $100 million to expand digital services and support entrepreneurs in Africa and the Middle East.
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PayPal invests $100 million to grow digital reach in Middle East  and Africa

At a Glance PayPal Holdings is expanding its footprint across the Middle East and Africa with a $100 million investment aimed at driving digital innovation, supporting entrepreneurs, and widening access to online commerce.  The move highlights the company’s growing focus on regions experiencing rapid growth in digital payments and e-commerce. The investment will be deployed through a mix of minority…

Oluwatosin Alao Oluwatosin Alao