Wednesday, 12 August 2026 · World
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EUROS The World Financial Report
Nº 32 Wednesday, 12 August 2026 · World Edition
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Emerging Markets

Jumia raises $50 million led by IFC, Q2 revenue rises 14%

Nairametrics · 1h ago · 🇳🇬 Nigeria
Jumia raises $50 million led by IFC, Q2 revenue rises 14%

Africa’s e-commerce giant, Jumia Technologies AG, has secured $50 million through a capital raise anchored by a $25 million investment from the International Finance Corporation (IFC), a member of the World Bank Group. The post Jumia raises $50 million led by IFC, Q2 revenue rises 14% appeared first on Nairametrics .

Read the full story at Nairametrics →