Browsing: e-commerce in Africa

• E-commerce in Africa has received a timely boost with digital payment giants Pesawise and Cross Switch have teaming up to accelerate the segment’s growth.
• Their collaboration aims at addressing persistent challenges of fragmented payment systems, high transaction fees, and slow settlements.
• The firms say their partnership is poised to deliver tailored, regulatory-compliant solutions that ensure speed, security, and affordability.

Global payments innovator Cross Switch has teamed up with Kenya’s homegrown fintech Pesawise, creating an alliance that seeks to accelerate the growth of e-commerce in Africa and deepen mobile money adoption across the continent.

Launched during the sidelines of increasing demand for agile, secure, and affordable digital payments, this partnership promises to revolutionize how African businesses—especially small and medium-sized enterprises—accept and process payments. The collaboration also addresses key challenges that have long hindered scalable commerce in Africa: fragmented payment systems, high transaction fees, and slow settlements.

The potential of e-commerce in …

• One of the most important ways a fintech can listen to its customers is to gauge how they engage with its products.
• Having a deep understanding of customer needs results in innovative solutions.

All around the world businesses are pulling out the stops to achieve growth in what can best be described as challenging economic conditions. Africa is no exception. The continent has long been recognised for its immense potential, and as such businesses across sectors are investing heavily into the continent.

Advancements in technology make serving the unbanked and underserved populations in Africa more viable than ever before. However, that does not mean growth comes easily. It is a hyper competitive and complex environment where genuinely understanding your customer is key to growth.

Even with this textbook understanding, there is a strong urge to take the “build it and they will come” approach because we can get caught up …

• Kenya’s online retailer, Sky.Garden has relaunched operations following a $1.6 million buyout by Lipa Later Group. 
• This move has propelled Sky.Garden will revamp its platform, aiming to onboard 100,000 merchants in 2024.
• The revamped platform introduces a suite of new products, including Sky.Tickets, Sky.Logistics, Sky.Commerce, and Sky.Wallet.

Sky.Garden, one of Kenya’s online retail platforms, has relaunched operations in East Africa’s most advanced economy following a $1.6 million buyout by the Lipa Later Group.

This strategic move has propelled Sky.Garden will revamp its platform, introducing innovative features and diversified product offerings, to onboard 100,000 merchants by 2024.

During the launch event, Juliet Wanjiru, the Head of e-commerce at Sky.Garden shared the company’s visionary strides, highlighting the platform’s evolution into a comprehensive e-commerce ecosystem transcending conventional online retail. Wanjiru emphasized.

Sky.Garden unveils a new suite of platforms.

“Today marks a significant milestone in the evolution of Sky. As we embark on a …

The age of robots is here and in full throttle Africa is embracing this technology, pertinently in the rapidly evolving warehousing and logistics sector. Industrial robots are set to take over this lucrative field, performing various tasks and automating warehouse and storage processes. The global industrial robots market size is set to grow at a compound annual growth rate (CAGR) of 14.7% to $6.18B in 2023 from $5.39 of 2022. At breakneck speed Africa is drawing deeper into the whirlpool of the fourth industrial revolution (4IR); marked the rapid proliferation of robotics and Artificial Intelligence (AI) startups in the continent. In light of this, the Uniccon Group based in Nigeria made an indelible mark in November 2022, by building Africa’s first humanoid robot, a 6-foot-tall multilingual human-like robot called Omeife, launched by Vice President Yemi Osinbajo.

The need for industrial robots in the warehousing and storage market, has been prompted …