Jumia’s stock soars amidst economic challenges as CEO Francis Dufay leads turnaround efforts

On Monday, June 10, the stock price of Jumia, the prominent e-commerce platform in Africa, experienced a significant surge, reaching $8.67. This uptick is part of a surprising upward trend that began following the market’s favorable reception to the company’s financial outcomes for the first quarter of 2024. This price point marks the highest level … Continue reading Jumia’s stock soars amidst economic challenges as CEO Francis Dufay leads turnaround efforts