AIG Gains New Major Investor in a 75 Million Euro Funding Round

Sacha Poignonnec CEO Africa Internet Group (AIG) announced an important milestone, the investment of 75 million euro by one of the leading French telecommunications company “Orange”.

Orange is a leading telecommunication operator in many very key African markets, including Morocco, Egypt, Kenya and many more.

With Rocket Internet, MTN, Goldman Sachs and now Orange among the shareholders of AIG, this reinforces the group as the leading ecommerce platform in Africa, giving us more ways to better serve our partners and customers.

Founded in 2012 and  present in 14 African countries including online Kaymu marketplace, Jumia online retail store, Jovago online hotel booking platform, AIG is now recognized as the undisputed ecommerce platform in Africa

“We are thrilled by Orange’s investment and will continue, as we do today to focus on making our values stronger and creating more happiness for our customers and partners” – Sacha Poignonnec and Jeremy Hodara, CEO Africa Internet Group.

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