Jumia Cuts Q2 Loss by 28% as Revenue Hits $45.6M
The company also trimmed its after-tax loss by 28% to $16.3 million, compared to $22.5 million in the same period ...
The company also trimmed its after-tax loss by 28% to $16.3 million, compared to $22.5 million in the same period ...
With its bolstered liquidity, Jumia is thriving to improve operational efficiency and drive long-term growth
…exits to focus on nine other markets including Nigeria and Kenya
This strategic pivot, evident in the considerable 74% year-over-year reduction in Sales and Advertising expenses, amounting to $4.3 million, aligns ...
Jumia affirms it has taken this step to minimize costs and losses in line with streamlining its organizational structure and ...
New leadership appointed with a plan focused on path to profitability and e-commerce fundamentals

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.
Africa’s innovation ecosystem is evolving, but where will the funding for the next generation of startups come from?
In this edition of the Techeconomy Business Series (TBS) May 2026, industry experts explore how local capital, venture debt, and smarter investment structures are redefining startup growth and innovation across Africa.
🎙️ Featured Speakers:
* Ebunoluwa Ashley-Dejo
* Damilare Davola
* Success Ajilore (STN & Accelerated Plus)
Key conversations in this webinar include:
✔️ The future of startup financing in Africa
✔️ Venture debt and alternative funding models
✔️ The role of local investors in scaling innovation
✔️ Sustainable investment strategies for African startups
✔️ Opportunities and challenges in the African tech ecosystem
Subscribe for more conversations shaping Africa’s digital economy and innovation landscape.
#TBS2026 #AfricanInnovation #VentureDebt #StartupFinance #TechInAfrica #Techeconomy #AfricanStartups #InnovationEconomy

© 2026 TECHECONOMY.