{"id":79178,"date":"2024-06-12T00:00:00","date_gmt":"2024-06-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/06\/12\/jumia-opens-two-new-integrated-warehouses-in-morocco-and-nigeria\/"},"modified":"2024-06-12T00:00:00","modified_gmt":"2024-06-12T00:00:00","slug":"jumia-opens-two-new-integrated-warehouses-in-morocco-and-nigeria","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/06\/12\/jumia-opens-two-new-integrated-warehouses-in-morocco-and-nigeria\/","title":{"rendered":"Jumia opens two new integrated warehouses in Morocco and Nigeria"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nigerian headquartered Jumia Group has launched an integrated 5k sqm warehouse near <\/strong><strong>Casablanca and another 30k sqm integrated facility in Lagos<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/investor.jumia.com\/financial-news\/press-release\/2024\/Jumia-Opens-New-Integrated-Warehouses-in-Lagos-Nigeria-and-Casablanca-Morocco\/default.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. Both warehouses will streamline processing and strengthen the company\u2019s distribution and delivery networks, the statement notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A boon for Jumia\u2019s operations in Lagos: <\/strong>The shift towards single integrated warehouse and logistics facilities in Lagos will allow the company to scale-up its operations, enhance delivery times, and slash costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cThe centralized locations of both facilities will help streamline order processing and ensure rapid and efficient delivery in both countries, while enabling Jumia to scale its operations and be better equipped to meet the growing demand for e-commerce in Africa,\u201d Jumia CEO Francis Dufay said in the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jumia has been expanding: <\/strong>The e-commerce platform signed a long-term lease agreement last November with Egypt\u2019s Hassan Allam Utilities to launch a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b8a916d0-87ca-4a28-8726-543ac095fd3c\/today:-israel-accuses-houthis-of-seizing-british-owned-cargo-ship-in-the-red-sea-%2B-saudia-will-leave-riyadh-in-2030-as-riyadh-air-takes-charge\" style=\"\" rel=\"noopener\">new logistics space<\/a> in East Cairo. The group also closed its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2a569182-0daa-4b16-a50f-32ab590b9090\/today:-shipping-giants-temporarily-halt-red-sea-transit-amid-continued-attacks\" style=\"\" rel=\"noopener\">food delivery division<\/a> last December in a bid to trim costs to focus on its core online retail operations to turn profitables.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The group had a strong start to the year<\/strong>, seeing a 19% y-o-y growth in revenues in 1Q 2024 to USD 48.9 mn, while gross income saw a 25.2% y-o-y increase to USD 31.2 mn, according to an <a target=\"_blank\" href=\"https:\/\/s23.q4cdn.com\/836376591\/files\/doc_financials\/2024\/q1\/Jumia-EX-99-1-Q1-2024_5-7-2024.pdf\" style=\"\" rel=\"noopener\">earnings release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Jumia: <\/strong>Jumia has <a target=\"_blank\" href=\"https:\/\/group.jumia.com\/about\/locations\" style=\"\" rel=\"noopener\">operations<\/a> across Africa, including in Algeria, Egypt, Ghana, Ivory Coast, Kenya, Morocco, Nigeria, Senegal, Tunisia, and Uganda. The group also has locations in China and Portugal. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The warehouses will operate in Lagos and Bouskoura<\/p>\n","protected":false},"author":1,"featured_media":79179,"comment_status":"","ping_status":"open","sticky":false,"template":"","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":[221],"tags":[162,330,150,207,124],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-79178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-storage-warehouses","tag-e-commerce","tag-jumia","tag-morocco","tag-storage-warehouses","tag-supply-chains","wpautop","entry"],"acf":{"mongo_id":"52ed6c8a-813f-48fb-8788-4e1d96646ac3","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/1158.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Jumia opens two new integrated warehouses in Morocco and Nigeria","related_issue":[79173],"teaser":"The warehouses will operate in Lagos and Bouskoura","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.c564d087-09d4-4dfd-ba2b-fb2761eb8274.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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