JUMIA – Time to Recheck and Update the Thesis – Stronger Than Ever
The first part of this story will focus on the strength of Jumia and why Citron believes a US Tech company will soon be the acquirer. The 2nd part of the story will focus on the new world order and why China might have to outbid the US to control this much-needed piece of the digital silk road.
“There are 300 million internet users in Africa who are young, mobile-first and have similar patterns to mobile youth globally. By 2030, Africa will have 800 million internet users and a third of the world’s under-35 population”
– Managing Director for Google in Africa, Nitin Gajria
Cautious Investing to All
