I am the co-CEO of Jumia, Africa’s leading Internet platform. With Sacha Poignonnec, I oversaw the successful launch and expansion of ten companies in more than twenty countries across Africa, including Jumia. Before Jumia, I spent seven years working at McKinsey in France, India, and the USA, consulting clients in retail and e-commerce. I graduated from HEC Paris with a Master’s degree in Business Administration.
1. What is the concept behind Jumia?
Delivering innovative, convenient and affordable online services in Africa.
In every region there is a leading ecommerce platform, MercadoLibre in Latin America, Amazon in the US and in Europe, Alibaba in China and in Africa there is Jumia.
Our platform consists of our marketplace, which connects sellers with consumers, our logistics service, which enables the shipment and delivery of packages from sellers to consumers, and our payment service, which facilitates transactions among participants active on our platform in selected markets.
Jumia’s concept goes beyond a marketplace. It delivers innovative, convenient and affordable online services to consumers in Africa which then helps them fulfil their basic everyday needs. The platform also helps small and large businesses grow and reach new customers, which ultimately creates jobs that helps to empower a new generation in Africa
2. What was the pivotal point in your career?
Launching Jumia platform in Nigeria with Sacha Poignonnec in 2012
3. What is the most exciting thing happening at Jumia right now?
We remain focused on all aspects of the business, particularly JumiaPay, as we continue to drive the adoption of online and mobile payments in Africa and contribute to the development of online payment solutions.
4. What are you looking forward to most about attending The Retail Summit?
I’m looking forward to learning from our peers. The retail industry is rapidly evolving and entrepreneurs attending bring new concepts and ideas which are shaping the future of retail.
5. What does the future hold for Jumia?
If you compare the size of Africa with the size of India, you will see that there’s the same urban population and Africa is growing faster, the GDP per capita in the largest cities is higher in Africa, and the consumer spend in Africa is 1.5 trillion, higher than India. Africa’s growth will continue to rapidly propel us forward and help to create more jobs, more innovation and more positive impact on local communities.