Billionaire Elon Musk's satellite company, Starlink, is set to collaborate with e-commerce company Jumia Technologies AG to widen its satellite broadband services across Africa.
Jumia, alongside its partners Goldman Sachs Group Inc. and Pernod Ricard, will work to provide Starlink's satellite terminals and equipment in some selected African countries. The launch is expected to take place in Nigeria in the coming weeks. This announcement was made known by Jumia's Chief Commercial Officer, Hisham El Gabry.
Since 2012, when Jumia started, it has continued to grow, making the company Africa's leading e-commerce store. With this, the company sets itself as the perfect destination for individuals to purchase this equipment.
El Gabry Said,
- We have seen Starlink do these types of deals in Southeast Asia and South America, and now Africa will also have the opportunity to access fast-speed internet services.
- The plan is to start selling through our sites and agents in Nigeria this month, and then Kenya.
The terminals that Starlink sought to sell are capable of bonding to low-earth orbit satellites. Additionally, they have the potential to deliver a better broadband experience to continents that suffer from low internet penetration.
Read more: https://www.investingport.com/starlink-and-jumia-join-hands-to-expand-services-in-nigeria-and-kenya/