Pan-African e-commerce company Jumia sets US IPO price range of $13 to $16 per share, aims to raise $250M, at a valuation of $1.1B at the middle of the range (Tim Cohen/Daily Maverick)

Tim Cohen / Daily Maverick:
Pan-African e-commerce company Jumia sets US IPO price range of $13 to $16 per share, aims to raise $250M, at a valuation of $1.1B at the middle of the range  —  African online retailer Jumia has announced its listing price on the New York Stock Exchange which values the company …



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