poisar

Stocks · News reference

Jumia Announces $50M Offering Of 9.1M ADSs At $5.52 Per ADS To Investors Including The IFC

Benzinga Newsdesk

On August 11, 2026, Jumia priced a capital raise anchored by a $25 million investment from the International Finance Corporation, a member of the World Bank Group, and including investments by Axian, one of our largest

More stocks newsConnected markets

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

JMIA
Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Eric Volkman

    Why Jumia Technologies Stock Blasted Almost 16% Higher Last Month

    Jumia Technologies stock surged nearly 16% in August following strong Q2 earnings that showed 14% revenue growth to $52 million and 20% GMV growth to $207 million. The company secured $50 million in fresh capital, including a $25 million investment from the World Bank's International Finance Corporation. Despite continued net losses, management targets breakeven on adjusted EBITDA by Q4, with strong momentum particularly in Nigeria.

    JMIA