Jumia’s real estate assets include those in Morocco, Tunisia, and Algeria, the company said in a statement released a few days ago. “We have a strong belief in the potential of real estate portals in Africa and have built a compelling platform across Morocco, Tunisia, and Algeria to address this opportunity. We are convinced that Mubawab will build on the success Jumia House has achieved in these markets so far”, said Sacha Poignonnec Co-Founder and Co-CEO of Jumia. Jumia House has strong market positions across the three countries in which it operates, and Mubawab is a leading real estate portal in Morocco. EMPG owns and operates bespoke property verticals in emerging markets, primarily in the Middle East, North Africa and South Asia.

Source: The North Africa Journal June 19, 2019 06:22 UTC