Technology
Why the World Bank is putting $25 million behind Jumia’s next chapter across Africa
Originally published on TechTrends KE
The World Bank Group is backing the expansion of digital commerce across Africa through a $25 million equity investment in Jumia Technologies AG, with the funding expected to increase opportunities for small businesses, create jobs and strengthen the continent’s digital trade infrastructure. The investment, made through the International Finance Corporation (IFC), the World Bank Group’s … The post Why the World Bank is putting $25 million behind Jumia’s next chapter across Africa appeared first on TechTrendsKE .
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