12 Things You Didn’t Know About Africa’s First Startup Unicorn

By Peter Pedroncelli AFKI Original Published: August 10, 2017, 6:37 pm

Goldman Sachs is a Jumia Group investor. Photo: money.cnn.com

Unicorn status attracted more investment

The month after unicorn status became official with an investment of $83 million from European insurance giant AXA, Africa Internet Group (before it was changed to Jumia Group) announced that it had raised a much larger $326 million in fresh funding led by Goldman Sachs – including the $83 million in that sum.

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