Stay updated with breaking news from Jonathan Klein. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Leadership changes, accelerating monetization and reducing operating lossGross Profit increased by 29% year-over-yearOperating loss decreased by 33% year-over-yearAdjusted EBITDA loss decreased by 13%
New leaders will guide the e-commerce platform's path to profitability.
Francis Dufay has been appointed acting CEO.
The two co-founders, who share the chief executive role, have been at the helm of Africa’s only publicly traded company for over a decade.
Francis Dufay has been appointed as acting CEO by the supervisory board while the search for a permanent CEO continues