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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

Ghana Concentrates on the Digital Economy

By Dikonketso | Sep 1, 2021 |

The past year has been a year of forward-looking initiatives for Ghana’s digital infrastructure. The use of mobile money, door-to-door delivery via courier services, and internet usage for business operations have increased significantly with about 77% of businesses increasing their use of digital marketing. The Government has adopted digitization as a key policy objective and…

Ghana plans Digital Currency (CBDC), while Nigeria Continues to be Africa’s Largest User of Crypto-currencies

By Dikonketso | Sep 1, 2021 |

On 11 August, the Bank of Ghana announced that it had partnered with Giesecke+Devrient to pilot a retail CBDC in Ghana. The Bank of Ghana confirmed that the digital currency – the e-cedi – is intended to complement and serve as a digital alternative to physical cash. During the pilot phase, the e-cedi will be…

Nigeria Contemplates New Restrictions on the Digital Economy

By Dikonketso | Sep 1, 2021 |

This Newsletter has previously reported on Nigeria’s sudden bans on cryptocurrency trading and Twitter. Now according to Techcrunch, a new bill to reform the country’s technology regulator is concerning the digital economy. The 26-page draft document seeks to amend a 2007 law, in order to address opportunities and threats posed by recent digital technologies. Startup…

Electronic IDs – New Proposal from BankServ Africa

By Dikonketso | Sep 1, 2021 |

SA’s BankServ is developing a new electronic ID (eID) system which is intended to provide South Africans with an independent, secure system. Secure electronic eIDs can make digital transactions, both in-person and online, more efficient, secure, and convenient. EFSA is in touch with BankServ on their initiative which would assist ecommerce among other sectors and…

Survey on The Opportunities and Challenges for Women in the AfCFTA

By Dikonketso | Sep 1, 2021 |

UN Women, in partnership with the AfCFTA Secretariat and UNDP, is undertaking a survey to understand the challenges and opportunities that women and women-led businesses face around the establishment of the African Continental Free Trade Area. This survey aims to (i) determine the constraints and bottlenecks hindering women’s participation in trade and (ii) to identify…

News From Africa

By Dikonketso | Sep 1, 2021 |

AfCFTA Starts to Draft the Protocol on Investment EFA has been invited to the group of experts called by the AfCFTA Secretariat to draft the Investment Protocol. This is intended to guide member states and prevent non-tariff barriers to investment within the free trade area. The meeting will be from 6-9 September. More in our…

New Ecommerce Users Increased by 5% in Sub-Saharan Africa in 2020

By Dikonketso | Sep 1, 2021 |

VISA has issued the ‘Ecommerce developments across Sub-Saharan Africa’ report which points out that the pandemic has driven customers to ecommerce and digital payments. The report also points out that economic shocks that followed COVID have reduced spending power across the world. VISA forecasts that ecommerce sales will grow to US$7 trillion across the globe…

Smart Cities

By Alastair Tempest | Aug 4, 2021 |

We haven’t written anything about Smart Cities for some time, but the developments in Mauritius’s Beau Plan smart city caught our eye.  Touted as “Africa’s first integrated, international hub for the media and creative industries,” the MediaCity project was conceived as a hub of creativity, innovation, and learning on the continent with both the infrastructure…

Another Fintech Success

By Alastair Tempest | Aug 4, 2021 |

Kenyan startup Jamborow is a fintech platform that provides white label solutions to enable savings and credit cooperatives societies, or Saccos, to serve their members and scale operations while at it.  Jamborow brings together all players in the financial ecosystem, including lenders, borrowers, and intermediaries. Its system digitises KYC data, automates and digitises operations, creates…

Tanzania Taxes Mobile Transactions

By Alastair Tempest | Aug 4, 2021 |

A new so-called “patriotism levy” imposed on mobile money transfers in Tanzania has come into effect. The tax, which was approved last month by the country’s parliament, will impose additional charges every time payments are sent or received via phones. Tanzania’s telecommunication companies are running adverts in the local press displaying their new charges to…