Author: Khusoko

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

Jumia co-founders Jeremy Hodara and Sacha Poignonnec have stepped down from their co-CEO positions, and Francis Dufay has taken over. Until recently, Francis Dufay, the executive vice president for Jumia Africa, overseeing its entire operation on the continent, will step into the CEO role at the company. Jumia Group’s former Chief Financial Officer, Antoine Maillet-Mezeray, has been promoted as Executive Vice President, Finance & Operations for the Group. “As we look ahead to the next chapter of Jumia’s journey, we want to bring more focus to the core e-commerce business as part of a more simplified and efficient organization with…

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Evans Chebet and Sharon Lokedi of Kenya won the New York City Marathon men’s and women’s races, respectively, on Sunday. Men’s Elite 1. Evans Chebet (KEN) — 2:08:41 2. Shura Kitata (ETH) — 2:08:54 3. Abdi Nageeye (NED) — 2:10:31 4. Mohamed El Aaraby (MOR) — 2:11:00 5. Suguru Osako (JPN) — 2:11:31 6. Tetsuya Yoroizaka (JPN) — 2:12:12 7. Albert Korir (KEN) — 2:13:27 8. Daniele Meucci (ITA) — 2:13:29 9. Scott Fauble (USA) — 2:13:35 10. Reed Fischer (USA) — 2:15:23 https://twitter.com/nycmarathon/status/1589301064699985922?s=20&t=fcyacZNE4yVg0LXI_BjAZQ Women’s Elite 1. Sharon Lokedi (KEN) — 2:23:23 2. Lonah Salpeter (ISR) — 2:23:30 3. Gotytom…

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