The Baobab Network

10/26 Baobab Network Report_ Jumia’s wobbly IPO



Articles on Shares of Africa-focused e-commerce company Jumia has fallen by approximately 50% after the lockup period expired for its April IPO on the New York Stock Exchange, Nigerian FinTech start-up Lydia has announced its launch into Poland and the Czech Republic, VentureBuilder provides early-stage capital and business development services to off-grid solar companies in Africa by receiving supports of big players such as Facebook and USAID, and UK gorverment has announced a plan to invest Kenyan FinTech start-ups through the Catalyst Fund are introduced.

The news report is filled with exciting local African information. Please enjoy!


(The Baobab Network report 10/26)