Frankfurt Stock Exchange (FWB) News

Jumia

Rocket Internet-Backed Jumia Raises $150M For Its African E-Commerce Business

Rocket Internet-backed Jumia is in the money today, after the Africa-based e-commerce company announced it has raised €120 million ($150 million) in new funding.

Stock Market Data

African Stock Exchange (AFSX) partners with Deutsche Börse ahead of launch

The first pan-African exchange plans to use the technology and support services of Deutsche Börse’s Xetra trading venue when it goes live next year.

Rocket Internet

German tech incubator Rocket Internet, one of the parent companies of Africa Internet Group (AIG), plans 2014 IPO

Rocket Internet is planning an initial public offering that could value the technology incubator at around €5 billion, or roughly $6.5 billion.