Jumia CEOs Sacha Poignonnec & Jeremy Hodara Step Down Over Company’s Persistent Losses

The founders and co-Chief Executive Officers(CEO) of Jumia Technologies, Sacha Poignonnec, and Jeremy Hodara, have both stepped down from their positions over persistent losses. Truetells Nigeria reports that the move, which was with immediate effect, saw Francis Dufay, who has since 2014 held various leadership roles at the company assume the role of the acting CEO. According to…