MTN has been trying to dispose of its non-core assets to minimize debt and open new markets.
The two CEOs of Jumia Group, Jeremy Hodara and Sacha Poignonnec will be taking a salary cut to support their workers amidst the Coronavirus pandemic.
Jumia Group has announced the appointment of Massimiliano Spalazzi as the new Chief Executive Officer (CEO) of Jumia Nigeria.
The company is said to be in need of money to offset its $4.8 billion worth of debts.
