JMIA needs to be Halted…Citron’s final word on why Jumia is a worthless FRAUD
One of the most influential tech minds in Africa validates Citron thesis. Price target $0.
While none of the bankers or analysts have probably spent any time in Africa examining Jumia’s operations, Rebecca Enonchong knows more than anyone who owns or has written on this stock and is proof why JMIA should be halted for investigation. We would also like to apologize to the Nigerian people who while in the midst of a nationwide battle against corruption have had to endure a European management exploiting the African name to perpetrate a fraud on the investing public. More about this can be read on Twitter at #JumialsNotAfrican.
Rebecca Enonchong, named by Forbes as one of the top 10 female tech founders to watch in Africa and featured by the World Bank only two months ago as “a Heavyweight in African Tech”, was named a Global Leader for Tomorrow by the World Economic Forum of Davos, Switzerland. NewAfrican magazine has listed her as one of the most influential Africans in 2014, 2016 and 2017. Jeune Afrique magazine has also named her as one of Africa’s 50 most influential women of 2017 and as one of the world’s most influential Africans in 2018 and 2019.
Enonchong is easily one of the most powerful tech founders in Africa today and this is what she thinks of Jumia…