Jumia draws takeover interest from Axian Telecom

Jumia draws takeover interest from Axian Telecom

African e-commerce company Jumia Technologies has drawn takeover interest from telecommunications company Axian Telecom, people familiar with the matter said. Axian, which is based in Mauritius and primarily offers telecommunications services in Africa, raised US$600-million this week to refinance its debt and help fund a possible takeover of Jumia, the people said, asking not to…

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