Browsing: Online shopping in Africa

Online shopper. There are risks associated with online buying and selling which one needs to be careful about.

Online buying and selling: Your risks, responsibilities

Tech & Business

Today, being an online trader or digital shopper only requires one to have a smartphone, internet connection, a convenient social media platform and some products to sell or to buy.

One of the major hindrances to e-commerce across the world is inadequate online payment systems. In Kenya, however, mobile payment platforms have placed the East African nation at the top of other global economies. For this and many other reasons, Kenya is ranked third in Africa after Nigeria and South Africa, in terms of online shopping volumes, according to an article published in the Daily Nation last year.

All said and done, while you enjoy the convenience of online shopping, doing so comes with risks that can frustrate the modern way of shopping, leaving consumers and dealers vulnerable to the antics of online criminals.…

Breaking the Bias: Women inclusion key to unlocking profits in Africa’s e-commerce. www.theexchange.africa

Breaking the Bias: Women inclusion key to unlocking profits in Africa’s e-commerce 

Tech & Business
  • E-commerce is a key component of the fourth industrial revolution and Africa is poised to become the world’s next big online retail frontier
  • Significant players like Konga, Jumia and Takealot are putting the continent on the global map, attracting pools of investors,
  • Statistics indicate that there are about 264 e-commerce start-ups that are operational across the continent, active in at least 23 countries; with a potential to create an estimated 3 million jobs by 2025

The rapid mushrooming and proliferation of E-Commerce Startups in Africa is a distinct bellwether that the industry is steadily flourishing like a green bay tree; making for a powerful development driver in the African economy.
E-commerce is a key component of the fourth industrial revolution and Africa is poised to become the world’s next big online retail frontier; with markets swiftly moving to embrace this revolution in full throttle, looking to build on the momentum…

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Paddydigitizationimage source DW

Why the pandemic made digitization in Africa a recipe for success? 

Investing

It has never occurred in Africa for people to remain indoors, work from home and limit human interactions as much as possible to curb the spread of disease.  

Nearly 42 nations enacted partial or full lockdowns to limit the spread of the coronavirus (COVID-19), hence—this ushered rolling drums for other aspects of life to take form, particularly digitization of life. 

Africa, a continent of more than 1.3 billion people, experienced the horror of the virus as massive volumes of trade and goods ceased to interact within the economy pool, forcing some communities to adopt other means of life, including being well versed with virtual meetings, online shopping, online learning and online working. 

As Rwandan President Paul Kagame says, “…the pandemic is a test for us. The way we address it shows our level of preparedness against anything that attempts to disrupt our lives and

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