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In africa, business incubators, ceo, e-commerce, economy, entrepreneurship, finance, fintech, Interswitch, jumia, kenya, Lagos, london, money, Nigeria, Private Equity, TC, Uganda, unicorn, Verve, visa
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Nigeria’s Interswitch confirms $1B valuation after Visa investment

Nigerian digital payments firm Interswitch confirmed today it has reached unicorn status after Visa acquired a minority equity stake in the firm. “The investment makes Interswitch one of the most [...]

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In africa, Andrew Left, ceo, citibank, Citron Research, e-commerce, finance, initial public offering, jumia, money, Nigeria, online retailer, Rocket Internet, stock market, TC, U.S Securities and Exchange Commission
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Revisiting Jumia’s JForce scandal and Citron’s short-sell claims

In advance of Jumia’s November financial reporting, it’s worth revisiting the company’s second quarter results, the downside of which included some negative news beyond losses. The Africa focused [...]

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