{"id":582413,"date":"2023-03-08T00:00:00","date_gmt":"2023-03-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/"},"modified":"2023-03-08T00:00:00","modified_gmt":"2023-03-08T00:00:00","slug":"jumia-egypt-appoints-hisham-el-gabry-as-ceo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/","title":{"rendered":"Jumia Egypt appoints Hisham El Gabry as CEO"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Jumia Egypt<\/span><span style=\"\"> has appointed <\/span><span style=\"font-weight:700\">Hisham El Gabry <\/span><span style=\"\">(<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/in\/hishamelgabry\/\" style=\"\">LinkedIn<\/a><\/span><span style=\"\">)<\/span><span style=\"\"> its new <\/span><span style=\"font-weight:700\">CEO<\/span><span style=\"\">,<\/span><span style=\"\"> the company said on <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/JUMIAEgypt\/status\/1633038684344709124?s=20\" style=\"\">Twitter<\/a><\/span><span style=\"\">. El Gabry has served as the e-commerce company\u2019s CCO since January 2022. Prior to joining Jumia, El Gabry was head of fashion at Amazon UK after spending more than a decade at Vodafone. He replaces Hesham Safwat (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/in\/heshsafwat\/\" style=\"\">LinkedIn<\/a><\/span><span style=\"font-weight:400;\">) who spent more than eight years at the helm of the company. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jumia Egypt has appointed Hisham El Gabry (LinkedIn) its new CEO, the company said on Twitter. El Gabry has served as the e-commerce company\u2019s CCO since January 2022. Prior to joining Jumia, El Gabry was head of fashion at Amazon UK after spending more than a decade at Vodafone. He replaces Hesham Safwat (LinkedIn) who [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":582414,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7231],"tags":[199,72,4060,6737,592],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-582413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-e-commerce","tag-enterpriseam","tag-hesham-safwat","tag-hisham-el-gabry","tag-jumia","wpautop","entry"],"acf":{"mongo_id":"4874fb82-268f-4903-8f09-9c77567a6e48","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[582394],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.b054415f-5137-4003-aaeb-afa03ce940a0.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Jumia Egypt appoints Hisham El Gabry as CEO - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jumia Egypt appoints Hisham El Gabry as CEO\" \/>\n<meta property=\"og:description\" content=\"Jumia Egypt has appointed Hisham El Gabry (LinkedIn) its new CEO, the company said on Twitter. El Gabry has served as the e-commerce company\u2019s CCO since January 2022. Prior to joining Jumia, El Gabry was head of fashion at Amazon UK after spending more than a decade at Vodafone. He replaces Hesham Safwat (LinkedIn) who [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-08T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Jumia Egypt appoints Hisham El Gabry as CEO\",\"datePublished\":\"2023-03-08T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/\"},\"wordCount\":74,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1\",\"keywords\":[\"e-commerce\",\"EnterpriseAM\",\"Hesham Safwat\",\"Hisham El Gabry\",\"Jumia\"],\"articleSection\":[\"Moves\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/\",\"name\":\"Jumia Egypt appoints Hisham El Gabry as CEO - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-03-08T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jumia Egypt appoints Hisham El Gabry as CEO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Jumia Egypt appoints Hisham El Gabry as CEO - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/","og_locale":"en_US","og_type":"article","og_title":"Jumia Egypt appoints Hisham El Gabry as CEO","og_description":"Jumia Egypt has appointed Hisham El Gabry (LinkedIn) its new CEO, the company said on Twitter. El Gabry has served as the e-commerce company\u2019s CCO since January 2022. Prior to joining Jumia, El Gabry was head of fashion at Amazon UK after spending more than a decade at Vodafone. He replaces Hesham Safwat (LinkedIn) who [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-03-08T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Jumia Egypt appoints Hisham El Gabry as CEO","datePublished":"2023-03-08T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/"},"wordCount":74,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1","keywords":["e-commerce","EnterpriseAM","Hesham Safwat","Hisham El Gabry","Jumia"],"articleSection":["Moves"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/","name":"Jumia Egypt appoints Hisham El Gabry as CEO - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1","datePublished":"2023-03-08T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Jumia Egypt appoints Hisham El Gabry as CEO"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":606246,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/13\/jumia-egypt-appoints-abdellatif-olama-as-ceo\/","url_meta":{"origin":582413,"position":0},"title":"Jumia Egypt appoints Abdellatif Olama as CEO","author":"enterpriseam admin","date":"13 September 2023","format":false,"excerpt":"Olama has been with the company for more than a year and has previously worked at Altibbi and Aprcot","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/894.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645149,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/shipping-companies-hike-prices-for-e-commerce-platforms-by-50-jumia\/","url_meta":{"origin":582413,"position":1},"title":"Shipping companies hike prices for e-commerce platforms by 50%-Jumia","author":"enterpriseam admin","date":"12 July 2017","format":false,"excerpt":"Express shipping companies verbally informed e-commerce platforms last week that they would be raising their prices for customer deliveries by 50% after the recent fuel prices increases, Jumia CEO Hesham Safwat tells Al Mal. Official notice should be sent in a few days\u2019 time, but Jumia will not be passing\u2026","rel":"","context":"In &quot;OTHER BUSINESS NEWS OF INTEREST&quot;","block_context":{"text":"OTHER BUSINESS NEWS OF INTEREST","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-interest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634536,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/e-commerce-platforms-embrace-regulation-in-egypt\/","url_meta":{"origin":582413,"position":2},"title":"E-commerce platforms embrace regulation in Egypt?","author":"enterpriseam admin","date":"17 January 2018","format":false,"excerpt":"E-commerce platforms embrace regulation in Egypt: Some of the largest e-commerce platforms operating in Egypt, among them Jumia and Amazon subsidiary Souq.com, have (at least publicly) expressed support for the government\u2019s drive to regulate their industry. Only 2% of Egypt's e-commerce market is regulated, with the rest being unregistered and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562977,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/jumia-flags-egypt-as-a-top-investment-destination-looking-at-everything-from-digital-payments-to-last-mile-delivery\/","url_meta":{"origin":582413,"position":3},"title":"Jumia flags Egypt as a top investment destination, looking at everything from digital payments to last-mile delivery","author":"enterpriseam admin","date":"14 June 2021","format":false,"excerpt":"Africa-focused e-commerce giant Jumia plans to invest over USD 590 mn in Egypt and other African countries over the upcoming years starting 2021, CEO Hesham Safwat told Enterprise. Safwat declined to reveal exactly what portion of the funds would be directed towards Egypt, but said that it is \u201cone of\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/180.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604460,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/04\/jumia-black-friday-sales-jump-280-in-2018-compared-to-2017\/","url_meta":{"origin":582413,"position":4},"title":"Jumia Black Friday sales jump 280% in 2018 compared to 2017","author":"enterpriseam admin","date":"4 December 2018","format":false,"excerpt":"FACT OF THE MORNING- We love e-commerce. Jumia\u2019s Black Friday sales grew 280% this year compared to 2017, helping drive 180% sales growth at the platform this year, CEO Hesham Safwat told Enterprise. Top sellers this year included mobile phones, home appliances, beauty and baby products and fast-moving consumer goods,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603045,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/jumia-egypt-hopes-ipo-boosts-confidence-and-business\/","url_meta":{"origin":582413,"position":5},"title":"Jumia Egypt hopes IPO boosts confidence and business","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"EXCLUSIVE- What Jumia\u2019s IPO means for e-commerce in Egypt: Jumia became the first African tech company to list on a major global stock exchange when it concluded a New York IPO on Friday,the company said in a statement (pdf). Jumia raised USD 196 mn after selling 13.5 mn shares at\u2026","rel":"","context":"In &quot;Spotlight&quot;","block_context":{"text":"Spotlight","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/spotlight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2805.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/582413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=582413"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/582413\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/582394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/582414"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=582413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=582413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=582413"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=582413"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=582413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}