38. Jumia

Company:  Jumia

Co-founders: Jeremy Hodara, Sacha Poignonnec

Website: https://group.jumia.com/

38. Jumia

About Jumia

 

Jumia is one of Africa’s most prominent technology companies and began as a startup focused on building the continent’s e-commerce infrastructure.

Founded in 2012, the company created online marketplaces, logistics networks and digital payment services across multiple African countries, including Egypt, Morocco, Algeria and Tunisia.

While Jumia has grown beyond the startup stage and is publicly listed, it remains an influential example of a technology company that emerged from the broader MENA and African ecosystem. Its success helped demonstrate that large-scale digital commerce platforms could be built in emerging markets despite logistical and payment challenges. Jumia’s growth also helped attract greater international investor interest to startups across North Africa.

Today, the company continues to operate as a major e-commerce platform while serving as a reference point for founders building marketplace, logistics and fintech businesses throughout the region.

 

MENA40

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