JUMIA’S CO-FOUNDERS QUIT

Two Jumia’s co-founders, Raphael Afaedor and Tunde Kehinde have bowed out of the JUMIA team to float their own business.

The two teamed up with Africa Internet Holding  (AIH ) in 2012 to start JUMIA Nigeria .

Last year, JUMIA was the first African company to win a World Retail Award as “The Best New Retail Launch of the Year”. Further to this, MTN and Millicom announced its investments into AIH.

In a press release to notify the public of the change of guard, Raphael Afeador, former Managing Director of JUMIA was quoted as saying, “JUMIA was an exciting one and a half year journey for us. We are extremely proud of JUMIA and wish all the best to the company and all the people here. E-commerce in Nigeria is growing very fast and is an exciting industry to be involved in.”

Bidding farewell to the JUMIA team, Tunde Kehinde, former Managing Director of JUMIA: “As we move on to start our own businesses, we owe a lot to every member of the team, together we made history, together we have built Nigeria’s first and biggest online retailer; a fate we never would have achieved without you. Let us urge you to continue to hold the values of looking after and satisfying every customer, supplier, and the people around you. There is no doubt we are building a great team of entrepreneurs that will leave a huge mark on this nation’s history”.