Tag: JUMIA

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Jumia Reduces Pretax Loss by 52% to $99m

The leading pan-African e-commerce platform. Jumia, posted a 52% year-on-year decline in pretax loss to $99 million

Jumia Plans Strategy Shift to Boost Growth, CEO Says

Mr Francis Dufay, the Chief Executive Officer (CEO), Jumia, a Pan-African e-commerce platform

Jumia Records $30.9mn Loss in Q1

Africa e-commerce giant, Jumia Technologies AG, announced today that its operating loss moderated in the first quarter of 2023

Jumia Struggles to Breakeven as Loss after tax Slides to €161mn

Africa’s e-commerce retailer, Jumia, struggles to breakeven...

Analysts Downgrade JUMIA to Sell for Taking Profit on Irrational Exuberance

Analysts Downgrade JUMIA to Sell for Taking Profit on Irrational Exuberance. Analysts at Tellimer have downgraded Jumia, a leading African focused e-commerce giant to a sell after what the emerging market investment firm accused the firm from taking profit on irrational exuberance.

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Mali Faces Major Economic Headwinds, Real GDP to Rise by 5%

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Ghana Drives Intra-African Trade Under AfCFTA

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