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Africa Internet Group secures over EUR 300 mln for expansion

Thursday 3 March 2016 | 09:13 CET | News
Africa Internet Group (AIG), the parent of Jumia, the e-commerce platform in Africa, has secured more than EUR 300 million in funding from new and existing investors, including the commitment from insurer Axa that has already been announced. The new round is led by existing investors including MTN and Rocket Internet, as well as new investor Goldman Sachs.

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Categories: Internet
Companies: Jumia / MTN / Rocket Internet
Countries: Africa
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