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Dufay: Macro, currency stability favourable to Jumia's growth strategy (CNBC Africa)
August 11, 2025Company News
Jumia Technologies revenues for the second quarter rose 25 per cent to 45.6 million dollars with Nigeria leading regional performance with 25 per cent order growth. Group CEO, Francis Dufay, is optimistic that the macro-economic and currency stability in key markets like Nigeria, Kenya and Ghana are crucial to the sustained growth momentum of the e-commerce platform. The company expects to reach its strategic goal to break even on a Loss before Income tax basis in the fourth quarter of 2026 and achieving full-year profitability in 2027.
Read the original article on CNBC Africa
About Jumia
Jumia is a leading e-commerce platform in Africa. Our marketplace is supported by our proprietary logistics business, Jumia Logistics, and our digital payment and fintech platform, JumiaPay. Jumia Logistics enables the seamless delivery of millions of packages while JumiaPay facilitates online payments and the distribution of a broad range of digital and financial services.
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For more information about Jumia:
Abdesslam Benzitouni
[email protected]
