Daily Archives: March 3, 2016

Africa Internet Group, société mère de Jumia, le premier site de e-commerce en Afrique ainsi que de hellofood, Lamudi et Kaymu, sécurise plus de 300 millions d’euros auprès de MTN, Rocket Internet, AXA et Goldman Sachs

Casablanca, le 3 mars 2016 – Africa Internet Group (« AIG »), société mère de Jumia, Lamudi, hellofood et Kaymu, a annoncé aujourd’hui avoir sécurisé plus de 300 millions d’euros. Cette levée de fonds inclut le précédent investissement d’AXA, un leader mondial de l’assurance et de la gestion d’actifs. Ce tour de financement est mené par deux investisseurs existants, MTN et Rocket Internet, ainsi qu’un nouvel investisseur, Goldman Sachs. Le capital supplémentaire viendra renforcer le bilan d’AIG pour permettre au groupe de tirer profit de la croissance considérable de Jumia et de capitaliser sur les opportunités de développement en Afrique. read more

Posted in French, Morocco News | Leave a comment

African tyre markets buckle under Chinese pressure

With Tyrexpo Africa 2016 scheduled to be held in Johannesburg from March 8-10, the focus is once again on the tyre industry in Africa. Over the past few years, the African continent has emerged as one of the fastest growing markets for the global tyre industry. The reason is simple: the rapid growth of the middle-class in many African countries has pushed demand for automobiles to an all-time high – in turn creating a growing market for all kinds of tyres, including passenger car tyres, off-the-road tyres, industrial tyres, agricultural tyres, truck, bus and trailer tyres as well as motorcycle and bicycle tyres. read more

Posted in African News, South Africa News | Leave a comment

Former Castle Museum in the Capital of Ethiopia

It’s not hyperbole to say that Ethiopia is home to many of ancient and best museums in the world. Among those the beautiful Haile Selassie’s former palace tops the list.  It’s the first university museum of the country. The history of this museum takes back to the early days of 1950. From the glamorous graders to fountains of the now Addis Ababa University’s main campus is the fascinating royal museum. A time at this finest museums in Africa will take your breath away. read more

Posted in African News, Ethiopia News, Travel | Leave a comment