Exclusive: Inside Francis Dufay’s urgent plans to rescue Jumia, the struggling Amazon of Africa
Francis Dufay, the CEO of Jumia Group, is facing his most challenging task yet. In November 2022, inherited a company that loses $167 for every $100 it earns; in Q2 2023, the company’s cash balance was down to $62 million. Despite this, Dufay is determined to ‘bring Jumia back.’
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