Jumia and Spiro Launch Electric Bike Delivery in Uganda to Reduce CO2 Emissions
Rhea-AI Summary
Jumia (NYSE:JMIA), a leading African e-commerce platform, has partnered with Spiro to launch electric bike deliveries in Kampala, Uganda. The initiative aims to replace nearly half of Jumia's existing fuel-based delivery fleet with eco-friendly e-bikes.
The e-bikes, featuring four-hour charging time and full-day operation capability, will help reduce carbon emissions while lowering operational costs. Riders will benefit from reduced fuel and maintenance expenses, while customers can expect more affordable delivery fees. Spiro will provide favorable rates to Jumia's logistics partners to encourage adoption of these sustainable transport solutions.
This partnership aligns with Jumia's ESG strategy and demonstrates its commitment to sustainable e-commerce practices across its operations in 9 African countries, where it connects approximately 70,000 sellers with customers through its marketplace platform.
Positive
- Initiative will reduce carbon emissions and operational costs
- Nearly 50% of delivery fleet to be converted to e-bikes
- Cost savings will lead to more affordable delivery fees for customers
- Riders will benefit from reduced fuel and maintenance expenses
- E-bikes can operate full day on single 4-hour charge
Negative
- Initial rollout limited to Kampala region only
- Requires significant infrastructure investment for charging stations
News Market Reaction 14 Alerts
On the day this news was published, JMIA declined 2.61%, reflecting a moderate negative market reaction. Argus tracked a trough of -7.1% from its starting point during tracking. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $38M from the company's valuation, bringing the market cap to $1.41B at that time.
Data tracked by StockTitan Argus on the day of publication.
Partnership aligns with Jumia's push for ecofriendly deliveries and sustainable e-commerce
KAMPALA, UG / ACCESS Newswire / September 25, 2025 / Jumia (NYSE:JMIA), a leading e-commerce platform in Africa, has partnered with Spiro to launch a fleet of electric bikes (e-bikes) to power deliveries in Uganda, within Kampala. This initiative marks a significant step in Jumia's ongoing Environmental, Social, and Governance (ESG) strategy to reduce carbon emissions and promote sustainable business practices.
The pilot program introduces e-bikes into Jumia's logistics operations, replacing part of its existing fuel-based fleet. With hundreds of deliveries made daily across the city, this transition is expected to cut emissions, lower operational costs, and support greener urban mobility.
"At Jumia, we are committed to leveraging technology and innovation to create long-term value for our stakeholders and the communities we serve. This partnership with Spiro is more than just about deliveries - it is about building a cleaner, more sustainable future for Kampala. Almost half of our fleet will be e-bikes. By introducing electric bikes into our fleet, we are demonstrating that e-commerce can be both convenient and climate-conscious," said Steven Lamony, Managing Director, Jumia Uganda.
By adopting e-bikes, riders will benefit from reduced fuel and maintenance expenses, ultimately leading to improved earnings. Customers will also enjoy more affordable delivery fees as cost efficiencies are passed along.
"Our e-bikes are designed to deliver performance, efficiency, and reliability, and we are excited to see them powering Jumia's logistics fleet. This partnership demonstrates how technology can transform the delivery ecosystem while reducing emissions and operating costs. Kampala is just the beginning - we see this as the future of mobility across Africa," said Bruce Mucunguzi, Managing Director, Spiro.
Spiro will also provide favorable rates for Jumia's logistics partners to encourage greater adoption of eco-friendly transport solutions. The e-bikes are equipped with powerful electric motors and long-lasting batteries, ensuring it can run an entire day of deliveries after a four-hour charge.
This collaboration underlines Jumia's commitment to reducing its carbon footprint while enhancing efficiency and affordability in online shopping.
About Jumia
Jumia is a leading pan-African e-commerce platform, with operations across 9 African countries. Its mission is to improve the quality of everyday life in Africa by leveraging technology to deliver innovative, convenient and affordable online services to customers, while helping businesses grow as they use Jumia's platform to better reach and serve customers.
The Jumia platform consists of a marketplace, which connects approximately 70,000 sellers with customers, a vast logistics network, which enables the shipment and delivery of packages, and a proprietary payment service, JumiaPay, which facilitates transactions among participants active on the Jumia platform in select markets.
Media Contact
Abdesslam Benzitouni- Global Head of Public Relation and Public Affairs, abdesslam.benzitouni@jumia.com
About Spiro
Spiro is a pioneering electric vehicle company dedicated to accelerating the transition to sustainable mobility in Africa. With a focus on innovative technology and customer-centric solutions, Spiro aims to make electric bikes accessible to all, contributing to the global effort to combat climate change. Through its unique battery swapping model and strategic partnerships, Spiro is leading the way in creating a cleaner, greener, and more connected world.
SOURCE: Jumia Technologies AG
View the original press release on ACCESS Newswire
FAQ
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