Jumia — the "Amazon of Africa" — is a publicly traded company listed on the New York Stock Exchange (ticker JMIA). It was founded in Lagos in 2012 with backing from the German venture builder Rocket Internet, and its founders were the French pair Jérémy Hodara and Sacha Poignonnec alongside Nigerians Tunde Kehinde and Raphael Afaedor 1. It listed on the NYSE in April 2019 2, and Rocket Internet later sold down its stake.
Today ownership sits with public shareholders through the New York listing — institutional and retail investors worldwide — not with an African parent 1.
Jumia is a useful case because it complicates the question. It operates across a dozen-plus African markets and is African in every operational sense, but it was foreign-conceived, foreign-financed at birth and is foreign-listed. "African tech champion" and "African-owned" are not the same thing — a distinction our ownership tracker exists to hold.