A Platform to Strengthen Venture Capital Ecosystems in Africa
The IFC’s new US$225m platform aims to strengthen the regions’ nascent venture capital markets, which have demonstrated early growth potential but face challenging global economic conditions. IFC will make equity…
Read MoreJumia Drops Fast Delivery Promise in Some Countries
Jumia reported $50.5m in revenue for this year’s third quarter with declining operating losses (33%) and increasing gross profit (29%) compared to last year, while active customers and the value…
Read MoreUNCTAD Urges Civil Society to Ensure Safety of Consumer Goods and EFSA’s Support for GS1
Consumers have the right to safe products but this right is constantly under threat. In the EU alone, unsafe products cause accidents and losses estimated at $34.4bn per year, according…
Read MoreAfrican LDCs account for only 1.3% of Global Manufacturing
Despite comprising 15% of total land area and nearly 14% of the world population, the Least Developed Countries (LDCs) in Africa account for only 1.3% of global Gross Domestic Product (GDP), 1.2% of industry value added…
Read MoreThe Results of the African Industrialisation Summit, 20 November
The lack of industry infrastructure and the inadequate development capital needed by countries to position themselves to compete with others in the global value chains requires a multi-faceted, coordinated and…
Read MoreCOMESA Reduces Admin Costs
The Common Market for Eastern and Southern Africa (COMESA) has made major strides in simplifying administrative processes under its Free Trade Area agreement to deepen intra-regional trade which stood at US$90bn as of 2020.…
Read MoreThe Trade and Customs Conference, 7 – 9 Nov. and the Transport Forum, 24 Nov
EFA spoke at the African Trade and Customs conference, moderating a session on the future needs of the ecommerce sector in order to enjoy the benefits of greater intra-African trade.…
Read MoreAUC to hold 1st Exporters Conference in Nairobi During the Week of 12 Dec
The African Union is holding a conference on exporting in Africa in mid-December. EFA will be attending and will take the opportunity to promote the formation of a “Ecommerce Forum…
Read MoreNews From Africa
Will SA be influenced by India’s New Bill on Data Privacy? And a Reminder About The PAIA/POPIA Requirements The Indian government has presented a new Bill to Parliament on ‘Digital…
Read MoreDigital Advertising: changes, challenges and ways forward
EFSA gave a presentation to the Digital Marketing conference on 23-24 November. While doing my research, I came across some USA based research on the changes seen recently in the…
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