Tag: Rocket Internet

AIG Nigeria Raises another $225 Million from Goldman Sachs, MTN, Rocket Internet

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian e-commerce firm, Africa Internet Group (AIG), said on Thursday it has raised further funding worth a total of 225 million euros ($245 million) from investors including Goldman Sachs, South African telecoms group MTN and Germany’s Rocket Internet, according to a Reuters report. The report says that […]

Jumia Partners AXA to Insure African Customers

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Jumia, Africa’s leading online shopping firm said on Tuesday it partnering world’s insurance and asset management firm, the AXA Group to provide insurance products and services to African customers, according to a statement from African Press Organisation (APO). Jumia says AXA will become the exclusive […]