In a remarkable contrast to the $22.2 million spent on advertising during Q2 2022, Jumia's advertising expenditure plummeted to just $5.8 million in Q2 2023.
The Africa Startup Ecosystem Builders Summit and Awards (ASEB) has announced the extension of the dateline for nominations to its 2nd annual summit to September 15, 2023. The three-day event
d.light, a prominent global provider of affordable household products and financial services for low-income households, has secured a significant financial boost. The company announced a $30 million securitization facility