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Africa’s e-commerce giant, Jumia Technologies AG, has secured $50 million through a capital raise anchored by a $25 million investment from the International Finance Corporation (IFC), a member of the World Bank Group. The post Jumia raises $50 million led by IFC as Q2 revenue rises 14% appeared first on Nairametrics .
We haven't written up this one. Nairametrics has the full story — the link below goes straight to it.
US consumer prices fall more moderately in July - but there is no all-clear for the Fed. Meanwhile, however, technology stocks are holding up.
The Ukrainian forces have reportedly suspended drone attacks on oil tankers at the port of Novorossiysk following a request by U.S.
President Donald Trump claimed the US had “total control over the Hormuz Strait,” saying “We own it” and that Iran's actions will be met with force.
BNY’s Geoff Yu reports that sovereign bonds from commodity-based EM economies have seen accelerated selling after the Fed decision, despite a weaker Dollar and lower U.S. real yields.
It faced higher net fair value losses on investment properties and a share of losses from associated companies
Western Botanicals is a Utah-based company specializing in the manufacture of herbal supplements. The post Riverside-backed Western Botanicals invests in dietary supplement developer Yellow Emperor…