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Home > World Business Report > Jumia: 'Africa's Amazon' in landmark flotation
Podcast: World Business Report
Episode:

Jumia: 'Africa's Amazon' in landmark flotation

Category: Business
Duration: 00:26:27
Publish Date: 2019-04-12 10:14:00
Description: Jumia is the first African technology startup to be listed on the New York Stock Exchange. The BBC's Africa business editor Larry Madowo explains the e-commerce firm's success, and we find out more from Jumia's co-founder, Sacha Poignonnec. Meanwhile former Amazon executive Brittain Ladd tells us his former employer may be interested in buying Jumia in the future, and Tokunboh Ishmael, chair of the African Private Equity and Venture Capital Association, discusses other promising African startups. Also in the programme, the Indian airline Jet Airways has suspended all international flights. The BBC's Monica Miller explains the firm's growing financial woes. Plus our reporter asks whether in the age of music streaming, the market for heavy metal music is as solid as ever.
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