https://www.cnbc.com/2019/04/12/the-amazon-of-africa-soars-nearly-60percent-on-its-first-day-of-trading.html

The largest e-commerce operator in Africa, Jumia Technologies, surged more than 60% on its first day of trading at the New York Stock exchange Friday. The stock is trading around $22 per share, above the opening price of $14.50. It has a market cap of just over $1 billion.

"The Amazon of Africa" is the largest e-commerce operator in Africa with 4 million active consumers as of the fourth quarter of 2018, the company said in its S-1 filing. Jumia has tapped customers in 14 African countries, spanning Ghana, Kenya, Ivory Coast, Morocco and Egypt.