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Jumia CEO Says Africa Has No Developers or Development in Interview
Jumia CEO Says Africa Has no Developers or Development in Interview
Jumia, the online Store which are now the claiming to be the first ever African Startup unicorn, opened for trading on NY York Stock exchange.
Listen how its French CEO describes Africa in His interview claiming Africa has no developers as the reason for not hiring in Africa.
The so-called ‘Amazon’ of Africa is Not An African Startup with headquarter is stationed in Europe and the company founded by 2 French nationals and incorporated in Germany Jumia is just a foreign company that happens to do business in Africa.
This past weekend has been marked by several insights that refute the announcement that Jumia is Africa’s first startup considering the corporations headquarter is stationed in Europe. Africa is just where it operates, but its key business operations and important workforce are anything but African. The issue has been dismissed as PR as Jumia had fronted itself as an African firm when it became the first Africa-based startup to hit a $1 billion valuation. To this end, let’s examine if Jumia is really an African startup using the information we gathered over the weekend.
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