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Blog E-Commerce in Africa
In this Blog, Davies Guttmann shows, why there is potential in African E-Commerce. Financial Fairplay AG investors have the unique chance to profit directly from this development.
African online retailer Jumia preps US IPO
Jumia, an E-Commerce company operating in 14 countries across Africa (see my Blog entry from December 2018), has filed to go public on the NYSE under the symbol JMIA. A Bloomberg report from last month indicated an offering would value the company at about $1.5...
Is Africa the next European Union?
This question is ponderd by “visualcapitalist” including an impressive infographic. Visualizing Africa’s Free Trade Ambitions A united African continent working towards common goals would be a major force on the global economic stage. To this end, nations in the...
E-commerce is thriving in Africa despite hurdles to the “last mile” says “Quartz Africa”.
The latest business to consumer (B2C) e-commerce index by United Nations Conference on Trade and Development (UNCTAD) ranks 151 countries globally, including 44 African nations by measuring their readiness for online shopping. The index is based on four indicators:...
Attracted by a vast potential customer base, e-commerce startups such as Jumia Group are setting up shop in Africa
The continent’s potential customer base of more than 1 billion, combined with an emerging middle class, has attracted investors to African retail. Presently it is often difficult for African customers to buy branded, western consumer goods. Customs and import regimes,...
Huge potential for Africa to grow its GDP by expanding its internet in general and its E-Commerce activities.
McKinsey published a report end of 2013 claiming that there is huge potential for Africa to grow its GDP by expanding its internet in general and its E-Commerce activities in particular. Following a decade of rapid urbanization and strong economic growth, Africa is...