One of tech’s biggest titans, Jeff Bezos, the founder of e-commerce giant Amazon, has stepped down as CEO, ending a 26-year era.
While Amazon’s penetration in Africa has been much lower than in markets such as the US and Europe where Amazon Prime is a way of life, the company’s influence has been profound nonetheless. Nigeria’s e-commerce player, Jumia, the first African start-up to reach a $1bn (R14.97bn) valuation, is widely considered to be “Africa’s Amazon”...
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