Business

Total 125 Posts

JUMIA admits to fraud as it reports Q2 2019 earnings

Having previously denied that the company had misrepresented its financials before its IPO, JUMIA has come out saying it has uncovered fraudulent sales and orders dating as far back as 2018. This was reported in the company's second-quarter results for 2019.

Celebrating Africa’s digital potential

The next wave of global digital innovations and apps will likely come from Africa and be taken to the rest of the world. Africa’s young population could be its greatest asset in an age where many other regions in the world are aging.

Nigeria's TechAdvance secured $1 million in funding

TechAdvance, a payments application development company founded in 2009 with a strategic focus in developing and deploying niche payment companies to serve the needs of large public and private sector organisations in Nigeria, has announced that it has secured $1 million in funding.

Beginners guide to doing business on the Internet

Have you been wondering how you can get started with doing business online? Check out this introductory quick guide on some of the essentials.

South African women and the 4th Industrial Revolution

In South Africa, there has been little discussion around how women specifically may be affected by the Fourth Industrial Revolution. This is a worrying oversight.

Buhle Goslar on financial inclusion in Africa

Buhle Goslar, the newly appointed CEO for Africa at JUMO, spoke to iAfrikan about the company's future plans, financial inclusion and more. JUMO has to date raised over $100 million from investors such as Goldman Sachs and others. JUMO is Africa's largest FinTech startup.

Increased cyber risk facing all organizations

The recent increase in publicised cyber attacks on heavy industry, utilities, municipalities, government departments, transport and healthcare put the “we’re in this together” dynamic under a stark spotlight.