Jeremy Hodara and Sacha Poignonnec step down as Jumia co-CEOs

African e-commerce giant Jumia has made a change in management as co-founders Jeremy Hodara and Sacha Poignonnec step down effective today as co-CEOs, according to a statement seen by TechCrunch.
The two founders, who until today shared the chief executive role, have been at the helm of Africa’s only publicly traded company for over a decade, overseeing Jumia’s pan-African expansion across 11 countries as well as its product journey that now includes a marketplace, JumiaPay, its payment arm and a logistics platform.
Francis Dufay, who previously held the CEO role at one of Jumia’s fledgi

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