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Jumia, Others to Create 3 Million New Jobs by 2025, Report Says
Jumia and other Online marketplaces could create 3 million new jobs in Africa by 2025 according to a report by the Boston Consulting Group.
The report further stated that Jumia has already made some significant contributions by creating 5,000 direct jobs on the continent.
According to World Bank, “unemployed youths in Africa account for about 60% of the continent’s unemployed workforce.
“With a growing population of 1.3 billion people whose average age is 20 years and a snowballing middle class expected to reach 1.1 billion out of the 2.5 billion Africans by 2050, there’s no doubt about the importance of creating more jobs on the continent.”
A new report released recently by the Boston Consulting Group (BCG), dubbed “How Online Marketplaces Can Power Employment in Africa”, shows that online digital platforms, such as Jumia, which match buyers and providers of goods and services, could create about three million new jobs in Africa by 2025.
These online marketplaces could also boost inclusive economic growth with minimal disruption to existing businesses and workforce norms, according to the report.
In addition to job creation, online marketplaces contribute to skills development programs and are encouraging entrepreneurship.
Juliet Anammah, CEO Jumia Nigeria, said “We have observed that many Jumia alumni have started their own startup companies.
“We very much believe that we can all benefit from a strong ecosystem of startups in every country and we are proud to bring our contribution to the development of this ecosystem through our training.”
Of the 420 million Africans aged 15 through 35 years, one-third were unemployed as of 2015 according to estimates by the African Development Bank.
Around 58% of the total job gains generated by online marketplaces will be created in the consumer goods sector, while the mobility services will generate 18% and the travel and hospitality sector 9%, the report states.
“We are very excited about our impact on job creation in Nigeria. As we continue to grow the number of our sellers and customers, we will simultaneously need more talents on board to help us deliver on the company’s objectives,” said Tolulope George-Yanwah, Country Manager, Jumia Services.
Jumia’s impact on job creation already includes 5,000 direct jobs across the 14 African countries it operates in, and indirect job creations with sellers, logistic partners, commercial agents, marketing partners.
The study highlights the example of two Jumia sellers in Nairobi, Kenya, who have been able to create new jobs and increase their sales and revenues significantly.
The study finally highlights other positive economic impacts of online marketplaces in Africa: multiplying vendors’ income through increased demand for goods and services in locations currently beyond the reach of conventional retail networks, as well as bringing more women and youth – who in some countries have been excluded from the labor market – into the formal workforce.
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
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