Africa: Jumia Raises $50m From IFC, Axian in Profitability Push

Дата публикации: 13-08-2026 20:57:37

[Daba Finance] Jumia has priced a $50 million equity raise led by the International Finance Corporation as the e-commerce company adds cash while working toward break-even. IFC will invest $25 million, with Axian and other investors providing the rest. The investors will buy about 9.1 million American depositary shares at $5.52 each.

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