Jumia Selects Egypt for new Technology Center

February 7, 2021
Share this Post: 

Jumia has chosen Egypt as its headquarters for a new technology hub. The company selected Egypt because of the country’s leaps and bounds in the field of information and communication technologies. The hub will offer services for not only the Egyptian market but the continent as a whole. 

Hesham Safwat, CEO of Jumia Egypt, said:

“From the first day of laying the foundation of the technology center, Jumia has established Egypt as a center for launching and entrepreneurship in the electronic payment and digital technology fields in Africa.”

The technology center is a key part of Jumia’s Vision 2030 and Egypt is the perfect place to begin its path down the road to innovating the African sector as the country has been at the forefront of technological advancement.

The hub will also provide not only a space for innovation but job opportunities for youth through freelance digital jobs. 

Safwat explained:

“...Expertise will be shared among the rest of the surrounding countries, in addition to electronic payment methods that customers can use easily, conveniently, and safely, as Jumia works side by side with the vision and direction of the Egyptian state that maximize the importance of digital transformation and financial inclusion.”

Part of that plan is JumiaPay, which will be at the center of the hub as the company works on establishing new ways to provide digital payment services.

February 7, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Propertyguru Board Room
PropertyGuru Appoints REA Group CEO Owen Wilson to Board of Directors as a Non-Independent Director

Southeast Asian property portal operator PropertyGuru has announced the appointment to its board of REA Group CEO Owen Wilson. Wilson...

Read More
La Haus Queretaro
La Haus Growing Fast and Looking to Add Financing Products

Colombian PropTech startup La Haus has expanded to another Mexican city and is looking to increase the financial solutions it...

Read More
Rae Group Mortgages
REA Group to Consolidate Mortgage Brokerage Offering Under One Brand

Australian portal operator REA Group has announced that its mortgage brokerage business will operate under one brand. In 2017 REA...

Read More
Zillow No Sale
Zillow Pauses Homebuying Citing "Operational Capacity" Issues

Zillow has paused its home buying activities as its iBuying division works through a backlog of homes already on the...

Read More

Popular News