Baillie Gifford Exits Jumia, Selling Entire Stake After Six Years

Baillie Gifford Exits Jumia, Selling Entire Stake After Six Years

Jumia Technologies AG has officially lost its largest institutional investor, Baillie Gifford, which has sold 100% of its shares, marking the end of a six-year investment in the African e-commerce platform. This follows previous exits by major backers like Rocket Internet and MTN Group.

Schneider Electric appoints Canninah Dladla as the first female Cluster President for English-speaking Africa, enhancing leadership in sustainable energy solutions

Schneider Electric names Dladla first female leader

Schneider Electric has named Canninah Dladla as the new Cluster President for English-speaking Africa, with her appointment taking effect on 1 June 2025. This milestone marks the first time a woman will lead the region for the company. Dladla will take over from Devan Pillay, who has focused on advancing digital transformation and sustainable energy […]

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