Baillie Gifford’s dumping of Jumia shares, bad news for Africa investment ecosystem, By BOLA ODUNTAN
Baillie Gifford’s dumping of Jumia shares, bad news for Africa investment ecosystem, By BOLA ODUNTAN
The latest filing from May 5, 2025 by British long-term institutional investor, Baillie Gifford, in which it announced the final sales of its remaining shares at e-commerce giant, Jumia, at a huge loss, portends bad news for Africa. If anything, it sends a negative vibe to global investors and...