v3.26.1
Property and Equipment
 6 Months Ended
Jun. 30, 2026
Disclosure of detailed information about property, plant and equipment [abstract]  
Property and Equipment
5 Property and Equipment
Movements in the carrying amount of property and equipment were as follows:
In thousands of USDBuildingsTechnical
equipment and
machinery		Transportation
equipment,
office
equipment
and other
equipment		Right of use
assets - Office
and Warehouse		Total
Cost
Balance as of December 31, 20253,253 6,876 14,152 21,030 45,311 
Additions
853 214 679 472 2,218 
Lease modifications— — — 3,447 3,447 
Disposals— (210)(831)— (1,041)
Effect of translation(58)(76)(273)(556)(963)
Balance as of June 30, 20264,048 6,804 13,727 24,393 48,972 
Accumulated depreciation
Balance as of December 31, 2025(1,365)(3,434)(10,994)(10,355)(26,148)
Depreciation charge(302)(502)(719)(2,574)(4,097)
Accumulated depreciation on disposals— 168 764 — 932 
Lease modifications— — — 675 675 
Effect of translation26 69 213 179 487 
Balance as of June 30, 2026(1,641)(3,699)(10,736)(12,075)(28,151)
Carrying amount as of December 31, 20251,888 3,442 3,158 10,675 19,163 
Carrying amount as of June 30, 20262,407 3,105 2,991 12,318 20,821 
Set out below, are the carrying amounts of the Group’s right-of-use assets and lease liabilities and the movements during the period:
In thousands of USDRight of use assetsLease Liabilities
As of December 31, 202510,675 11,722 
Additions472 613 
Depreciation(2,574)— 
Interest expense— 1,323 
Lease modifications4,122 4,139 
Payments— (3,503)
Effect of translation(377)(367)
As of June 30, 202612,318 13,927 
During the six months ended on June 30, 2026, the Group’s main additions on Right of use assets include new lease contracts for new warehouses facilities in Nigeria and a lease renewal in Senegal. Lease modifications were mainly driven by the early termination of warehouse contract Algeria and the contract renovation of the Ivory Coast warehouse and the Portugal office.