Africa has made its global IPO debut. Pan-African e-commerce company Jumia—a $1 billion-valued company—began trading live on the NYSE last week. The stock offering made Jumia the first upstart operating in Africa to list on a major global exchange. This raises expectations for unicorns and IPOs to create the continent’s first wave of startup moguls. […]
In this week’s newsletter: More IPOs, Boston Dynamics dog-like robot makes its debut and Ro raises $85M.
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