Jumia Technologies AG – ADR (NYSE:JMIA) shares traded higher Tuesday after Benchmark analyst Fawne Jiang initiated coverage on the stock with a Buy rating and a $14 price target. The DetailsThe Benchmark analyst saw the African e-commerce company poised to benefit from multi-year and potentially multi-decade e-commerce growth in the region and noted Africa’s booming population which is expected to reach 2.5 billion by 2050, accounting for 26% of the world’s population. Jiang highlighted the proliferation of smartphones and mobile internet services and the growing infrastructure investment from…