The e-commerce boom is still afoot in Africa, Jumia’s earnings indicate

Jumia, the pan-African e-commerce company and sole tech company based on the continent listed on the NYSE, released its first-quarter financial performance today. The company’s results included consistent growth, but lapses in some areas compared with Jumia’s previous quarter. 
As always, the first page of every Jumia report highlights its year-over-year wins. The first quarter of 2022 was no different.
What did the company highlight in its wins section? Compared to the first quarter of 2021, Jumia recorded double digits growth in orders, GMV and revenue. Orders grew by 40% year-o

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