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How ex-Jumia bosses raised Sh1b for e-commerce start-up

Enterprise

By Wainaina Wambu | Dec 07, 2022

Audio By Vocalize

**Ex-Jumia group executive vice president and Kenyan head Sam Chappatte is the brains behind Kapu.** [Wilberforce Okwiri, Standard]

Shortly after quitting pan-African e-commerce giant Jumia, Sam Chappatte had managed to raise $8 million (Sh980.8 million) and wooed his former colleagues to build an outfit fashioned from their collective experiences at the New York Stock Exchange listed firm.

The ex-Jumia group executive vice president and Kenyan head is the brains behind Kapu, a business-to-consumer (B2C) e-commerce start-up backed by some of Africa's wealthiest families, global venture capitalists and tech founders, among other serial investors.

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