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The African Development Bank (AfDB) has approved $20 million for the facility for energy inclusion (FEI). The facility was sponsored by the bank to provide sustainable financing…
In 2022, Jumia revealed it lost $207 million in 2022 $49.2 million in Q4 alone. The company also confirmed that it reduced its staff count in Dubai by 60%, and laid off 900 people in total in 2022. More in #TCDaily.