Africa
Failure – so far – Bringing the Regional Economic Communities from Southern and Eastern Africa Closer Together
The East African Community (EAC), Common Market for Eastern and Southern Africa (COMESA), and the Southern African Development Cooperation (SADC) Tripartite Free Trade Area agreement (TFTA) has not been put…
Read MoreInvestment and Venture Capital in Africa is Dominated by Nigeria, Egypt, Kenya and SA
A McKinsey report just out says that Africa’s fintech revenue may soar to $30.3bn by 2025 – eight times higher than in 2020 – as a growing, young, and under-banked…
Read MoreThe Fastest Data in Africa
According to new statistics in Ookla’s Q3 Canada Market Report for 2021, MTN in SA had the fastest Speed Score (63.52) and the highest Consistency Score (91.0%). Safaricom and Airtel…
Read MoreThe Largest (by visits) Ecommerce Sites in Africa, and Amazon’s Plans to Open in Nigeria as well as SA in 2023
According to AppsFlyer, ecommerce in Africa witnessed immense growth in 2021. There was a 55% increase in online retail spending, and the volume of downloads and installation of ecommerce apps…
Read MoreNews from Africa
Local Deliveries in SA The EFSA is setting up a working party to explore how best to provide guidance to local delivery services. This follows concerns expressed by some government…
Read MoreA New Initiative to Boost Cross Border Ecommerce Sales
The South African Revenue Service (SARS) held a preliminary meeting with EFSA recently. As part of its rollout of a new project, “Authorised Economic Operator” (AEO) which will accredit traders…
Read MoreThe Digital Trade Protocol at the AfCFTA
The African Free Trade Area (AfCFTA) Secretariat organised 3 regional stakeholder meetings on 10-12 August to discuss its plans for a Protocol on Digital Trade (previously called the Protocol on…
Read MoreCompetition Commission Publishes its Provisional Summary Report on the Ecommerce Market Inquiry
Readers will recall that the SA Competition Commission launched a ‘market inquiry into online intermediation platforms’ in April 2021. EFSA submitted three written submissions to this and took part in…
Read MoreNews from Africa
August is Women’s Month But More Women in Executive Roles Are Needed Last year this Newsletter bemoaned the fact that of all foreign direct investment in Africa, only 1% went…
Read MoreFinally, Some Interesting Facts About Africa
Fact 1: Rwanda has more women in government than any other country in the world Fact 2: Morocco is home to the world’s largest concentrated solar farm. It produces enough…
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