How fintechs are making Africa a leading global Innovation Hub

By Josephine Wawira In a continent where over 60% of the adult population is unbanked and the financial sector is considerably underdeveloped, fintech has been a welcomed revolution that is seen to be boosting Africa’s financial infrastructure.  With a growing population, an increasing rate of mobile and internet penetration, combined with a substantial need for... Continue Reading →

How Black Friday is giving Africa's economy a lift

By Josephine Wawira It is quite phenomenal how in recent years, both ecommerce players and retailers have used Black Friday to sweep thrifty shoppers off their feet. So much that the shopping event is no longer restricted to a single-day shopping spree but has rather taken over the entire month to become Black November. If... Continue Reading →

Logistics challenges facing eCommerce in Africa

By Josephine Wawira A truck stuck in mud in Buikwe, Uganda - Adam Jan Figel According to Euromonitor, the world’s fastest growing economies by 2030 will be in Africa. This consequently makes the continent the next big e-commerce market. And as this positive narrative continues to place Africa as a top investment destination, the need... Continue Reading →

Can e-commerce be Africa’s economic goldmine?

By Josephine Wawira Digital economy in Africa is snowballing, and in the process it’s creating new jobs and opportunities for digital entrepreneurs to explore a larger web market. Though e-commerce represents only 0.6% of all the transactions done in Africa, as compared to 12% in the USA and 20% in China; the budding nature of... Continue Reading →

Africa set to be the next big mobile market

Africa is judiciously positioned to be the next big mobile market, enviously eyed by global investors for her enormous growth opportunities. 2019 is undeniably the year to prioritize investments in Africa’s mobile market, to leverage this monetary opportunity. According to a Mobile Report for Africa released by Jumia, Africa’s leading e-commerce platform, the continent’s real... Continue Reading →

Jumia and Xiaomi partner to drive smartphone penetration in Africa

This partnership marks the official launch of Xiaomi in Sub Saharan Africa with Jumia, giving unique access to Xiaomi products to millions of customers  Romain Christodoulou (left), Senior Vice President, Jumia GroupWang Xiang, Senior Vice President, Xiaomi Corporation Jumia, Africa’s leading e-commerce platform, has today signed an important partnership with technology leader Xiaomi at the... Continue Reading →

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