Jumia, Africa's biggest online marketplace, has predicted that it will maintain a loss streak till 2026, then hit full-year profitability in 2027.
Francis Dufay, chief executive officer at Jumia, while commenting on the first quarter 2025 result, revealed that the firm's loss before income tax is
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
