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The Business Brief WEDNESDAY, 12 AUGUST 2026
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Jumia Wins IFC, Axian Backing in $50 Million Equity Fundraising

1 source ·1 article ·3h ago

Jumia Technologies AG secured $50 million in fresh equity funding from its biggest shareholder and the World Bank’s International Finance Corp. as the African e-commerce company pushes toward its first profit.

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Bloomberg 1

All coverage · 1 article

Bloomberg Technology ·3h ago

Jumia Wins IFC, Axian Backing in $50 Million Equity Fundraising

Jumia Technologies AG secured $50 million in fresh equity funding from its biggest shareholder and the World Bank’s International Finance Corp. as the African e-commerce company pushes toward its first profit.