[BUSINESS]■ STORY TIMELINE
JUMIA LANDS $50M FROM IFC, AXIAN IN EQUITY PUSH
African e-commerce platform Jumia Technologies AG raised $50 million in equity funding from the World Bank's International Finance Corporation and its largest shareholder Axian. The capital supports Jumia's path toward profitability.
Bloomberg Tech+0m
Jumia Technologies AG secured $50 million in fresh equity funding from its biggest shareholder and the World Bank’s Inte…