E-commerce

Coronavirus is triggering deep digital change in African fintech

A schoolboy walks beneath a mobile phone advertising billboard in Johannesburg. AP Photo/Denis Farrell The ongoing COVID-19 pandemic continues to wreak havoc on the global economy. This crisis has become the single biggest catalyst for a digital transformation. For organisations and business, not just in the continent, digitizing has moved from a good to have, to a survival gamechanger in what has become the new norm. Within just months, the world has been flung into ‘Digitization Unusual’ as businesses seek ways to stay above water and ensure continuity post-crisis. Rapid...

Africa’s Quiet Cashless Payments Revolution

While one might assume that a payments revolution would be a hard thing to miss, as it turns out, it can happen. It all depends on how closely the world is looking — and what exactly it expects to be looking for. Sometimes, DPO Group CEO Eran Feinstein told Karen Webster, a massive paradigmatic shift can fly under the radar, if it looks just different enough from what the world is used to seeing. Africa, and East Africa specifically, he noted, offer...

The Problems Facing eCommerce In Cameroon

Although multinational companies like Jumia, Afrimalin, and young Cameroonian entrepreneurs drive eCommerce in Cameroon, consumers encounter numerous challenges getting their goods and services properly handled and delivered. And although Cameroon is among the top ten African countries in terms of eCommerce penetration, these issues make it difficult for eCommerce to perform at the rate it could. Lack of Promotion Many Cameroonians simply don’t believe in buying online. They worry about the security risks that come with these transactions. The number of people...

The Future Of E-commerce In Africa: A Mere Illusion?

The potential for a remarkable and long lasting e-commerce growth is within Africa’s grasps. Now, it is the responsibility of everyone involved in this market to do everything in their power, so that African countries can truly enjoy and benefit from e-commerce. It is undeniable that the growth of e-commerce is still going strong around the world. The African continent has also been seduced by online sales and electronic transaction. However, if we want to see the interesting predictions about...