MAY 26·tennesseedaily.com▲
Jumia Shareholders Elect New Supervisory Board, Deepening African Expertise as Company Targets 2027 Profitability
Jumia Technologies AG said shareholders elected and re-elected five members to its Supervisory Board at its May 15, 2026 AGM: Jonathan D. Klein and Anne Ooga Eriksson (re-elected), plus Hassanein Hiridjee, Benjamin T. Faw, and Dr. Akinwumi Ayodeji Adesina (new). The company cited improving momentum—2025 GMV US$818.6m, Q1 2026 GMV +31% to US$212.2m, revenue +39% to US$50.6m—and targets adjusted EBITDA breakeven and positive cash flow in Q4 2026, profitability and positive cash flow in 2027.
MAY 26·californiatelegraph.com▲
Jumia Shareholders Elect New Supervisory Board, Deepening African Expertise as Company Targets 2027 Profitability
Jumia Technologies AG said shareholders elected and re-elected five members to its Supervisory Board at the May 15, 2026 AGM, including new member Dr. Akinwumi Ayodeji Adesina and Benjamin T. Faw, and re-elections of Jonathan D. Klein and Anne Ooga Eriksson, plus Hassanein Hiridjee. The company reported 2025 GMV of $818.6m, Q1 2026 GMV up 31% to $212.2m, and Q1 revenue up 39% to $50.6m, targeting Adjusted EBITDA breakeven and positive cash flow in Q4 2026 and profitability in 2027.