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In brief Internet South Africa

AIG secures over €300m in funding

Africa Internet Group (AIG), the parent of Jumia and Jovago, has secured more than €300m in funding from new and existing investors, including the previously announced funding commitment from AXA, a worldwide leader in insurance and asset management.

This new round of investment is led by existing investors including MTN and Rocket Internet as well as a new investor, Goldman Sachs.

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