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Jumia secures $50 million from IFC, Axian as African e-commerce giant closes in on profitability
Jumia has secured $50 million from IFC, Axian and other investors as the African e-commerce company narrows losses and pushes towards breakeven in late 2026 and full-year profitability in 2027
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businessday.ng
Jumia’s revenue rises to $52m as e-commerce platform secures $50m capital raise - Businessday NG
Jumia’s revenue rises to $52m as e-commerce platform secures $50m capital raise.
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Jumia secures $50M to accelerate e-commerce expansion - Businessday NG
Jumia Technologies has raised $50 million in equity to scale its logistics, digital payments, and e-commerce infrastructure across Africa.
