Assessment Reports
E-Commerce Sub-Sector Assessment Report for Kenya (Mwencha (2016) 2016 E-Commerce Sub-Sector Assessment Report for Kenya)
ICC Africa Statement (20180412 ICC Africa Statement_v7)
Ecommerce News In Africa
The Newsletter has often stressed the need for greater vigilance against cybercrime. A new report from Kaspersky shows that over the last 18 months cybercriminals have taken advantage of digital transformation advancements and an increase in remote working to launch their assaults. Kaspersky recorded 85 million in the first half of 2021, representing a 5%…
Michelle Chivunga and I have submitted another Occasional Paper to SAIIA (https://saiia.org.za/research/why-regional-value-chains-in-africa-need-to-go-digital/). See the event (https://www.youtube.com/watch?v=RdaLZtxGUwo&t=2s) The paper points out that Africa has been dependent on foreign aid and the revenue generated by a limited export basket, comprising mainly primary goods. The continent has also been de-industrialising. The African Continental Free Trade Area (AfCFTA) provides…
Thirty-one African tech startups have been selected to take part in the Smart Cities Innovation Programme, which will help them scale up their products and services to boost urban transformation. Launched by the Rwandan Ministry of ICT and Innovation and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the 6-month Smart Cities Innovation Programme is designed…
Tech firm Andela, which matches software developers from Africa and other emerging markets with global clients, has become a unicorn after raising $200m in a Series E funding round led by Japan’s Softbank Group. With a $1.5bn valuation, the Nigerian startup joins Senegal’s Wave and Nigeria/US-based Flutterwave as the West African unicorns of 2021. The…
The Somali Central Bank introduced a central payments system in August which connects the nation’s 13 lenders, and formalises digital payments, making payments easier for people across the country. With more than two-thirds of all payments in Somalia made via mobile money platforms, the untapped market for new infrastructure, apps, payment systems, and fintech is…
Investors from Silicon Valley to China have caught the African fintech bug. Lagos is attracting the lion’s share of investments after stealing Nairobi’s crown as leader of Africa’s tech revolution. Nigeria entices investors with the world’s seventh-biggest population. But there are many inefficient processes to improve and 95% of transactions are still in cash, entailing…
PAPSS is Launched to ensure payments between the African States A way to achieve seamless intra-Africa trade under the terms of the Africa Continental Free Trade Area (AfCFTA) was strengthened by the formal roll-out of the Africa Export-Import Bank (Afreximbank) payments platform. Afreximbank is one of the continent’s trade finance institutions. The platform is called…
Last month we reported that MTN had withdrawn from the Ethiopian market having failed to get the telecom license it wanted. But Ethiopia sold only one of two full-service licenses on offer in May, citing a lower than expected price for the second one, which it now wants to offer again. A consortium led by…
EYouth, which provides online interactive educational programmes for individuals aged between 18 and 35, is targeting international growth after seeing more than 750,000 people complete its courses so far. Founded in 2016 and taken online in 2018, EYouth designs and builds its own online training courses to help young people develop their careers and ensure…