The 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 MoreInsurance for Tech and Ecommerce – Your Input Needed!
Insurance for ecommerce is important and sometimes difficult to arrange. EFSA is looking at the market. Let me have your views, experiences, or advice (alastair@ecomafrica.org). There are, of course, different…
Read MoreSome Tips for Dealing with Investors
Global surveys show that, while around 30% of international trade finance goes to SMEs, banks reject some 40% of applications from such companies. Ecommerce companies suffer an even higher rejection…
Read MoreMeanwhile, at WhatsApp a Boot-camp for NGOs
Applications have opened for the Chat for Impact Accelerator, which offers social change organisations access to $500,000 in funding and additional support to scale their impact on WhatsApp. Enterprises focused…
Read MoreSnapchat Suffers from Advertising Downturn – a General Trend?
Snapchat has dropped from a company valued at $25.5bn when it was first put on the market to $17bn today, mainly due to the fall in advertising revenue over the…
Read MoreMiscellaneous
Super Wallets Take Over Mobile wallets today are a way of organizing existing financial accounts. The standard mobile wallet works as a safe, virtual storage for tokenized credit cards, debit…
Read MoreEFSA Cross Border Ecommerce Conference, 16-17 November
We will be discussing the new SARS initiative at this TCI conference in November, as well as logistics, payments, and how to market. Just to put some context behind the…
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 MoreChina in Africa
According to a new report by the Economic Intelligence Unit (EIU), China plans to continue to invest in Africa’s natural resources and may increase its expenditure on agriculture. Asia sees…
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