Jumia Raises $50 Million Led by IFC as Revenue Climbs 14%

Nigeria · TECHNOLOGY Key Facts —Capital raise: Jumia raised $50.0 million in gross proceeds through a new equity round priced on 11 August 2026. —Lead investor: The International Finance Corporation, the private-sector arm of the World Bank Group, anchored the round with a $25 million commitment. —Pricing details: Jumia will issue 9.1 million American Depositary […] The post Jumia Raises $50 Million Led by IFC as Revenue Climbs 14% appeared first on The Rio Times .