PROJECT

Projects

Summary of Investment Information

Project Number

52971

Company Name

JUMIA TECHNOLOGIES AG

Date SPI Disclosed

Aug 12, 2026

Country

Cote D'Ivoire

Region

Africa

Projected Board Date

Jul 1, 2026

Environmental Category

B - Limited

Status

Pending Disbursement

Last Updated Date

Aug 12, 2026

Department

CPVVC - Equity Portfolio Management/Venture Capital & Fintechs

Industry

other

Sector

other

Project Description

The proposed Project is an equity investment of up to US$25 million in Jumia Technologies AG (“Jumia” or the “Company”), Africa’s leading e-commerce platform and the first African technology company to list on a major global exchange, namely the New York Stock Exchange (NYSE). The proposed project aims at accelerating Jumia’s growth across its core markets. 

Associated Advisory Engagement

IFC and Jumia are jointly exploring advisory services to (i) increase shareholder engagement, (ii) implement E&S actions outlined in the Environmental and Social Action Plan (ESAP), (iii) expand small and medium enterprise (SME) training and capacity building, and (iv) provide financing opportunities to SMEs on the platform.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation