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EFA - Protecting your rights as an ecommerce business and expressing your needs to the relevant government departments and opinion formers

Posts by Alastair Tempest

Opportunities

The Annual Africa Investment Forum is designed to help structure projects and broker deals and has established itself. The Forum is a deal-making platform in the truest sense of the word, with a digital platform to view projects and financing opportunities. During the summit, projects are presented and transactions are structured with an eye for…

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More News from Africa

Jack Ma launches the Africa Netpreneur Prize Initiative (ANPI) Award TheJack Ma Foundation offers $1 million worth of prizes to 10 African entrepreneurs winners. First prize this year went to Life Bank, a technology logistics company based in Lagos which was set up to tackle the problem of blood shortage in Nigeria. As at January 2017,…

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India’s Payments System

Three years since the launch of UPI (Unified Payments Interface), the system is dealing with nearly 1 bn transactions per month. In September UPI clocked 955 million transactions, amounting to 1.61 trillion rupees (INR), demonstrating the extent to which Indian consumers have welcomed real-time payments. The continued success of UPI has required a collaborative effort,…

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Good News For Credit/Debit Card Users.

Bank Zero, a new mutual bank being set up in SA has announced that it has patented advanced security features for bank cards that will minimise the negative impact of card data theft and card skimming for its customers. In modern bank cards the card number is encoded in 3 different places which are visibly…

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International Debate on the Safety and Quality of Products

According to the World Trade Organisation (WTO) this month its members started discussions on how to develop coherent ways to test, measure and demonstrate the safety and quality of products. This “quality infrastructure” helps build trust in exports, enhances competitiveness and thereby facilitates trade. The talks concentrate on the 4 main pillars of “quality infrastructure”:…

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Changes to SEO

SEO is one of the most important ecommerce marketing tools. Correctly applied SEO has a powerful impact for an e-shop long-term, but now SEO is changing. Last year, Moz and SparkToro noted that 61.4% of tested Google mobile queries in September 2018 did not result in a click. In many of these cases, Google simply…

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The role of ecommerce in 4IR

I moderated a session at the recent SAIIA conference on 4IR, with two SAIIA papers and interventions from CSIR and SADAC. This leads to SAIIA deciding to do a paper on ecommerce as a key element in the digital economy. As we all know, ecommerce in Africa is well underway, but it has potential to…

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The 3 biggest problems doing business in Africa, according to an economist

At the International Federation of Freight Forwarders Associations (FIATA) conference in Cape Town RMB’s economist, Celeste Fauconnier pointed out that the 3 biggest hurdles hampering business in Africa are liquidity, infrastructure and corruption. Readers of this Newsletter will recall that it is estimated that Africa needs infrastructure investment of between $130bn (R1.9trn) and $170bn (R2.4trn)…

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Huge Export, Trade Opportunities For Africa

Africa can capitalise on international trade wars by stepping up its export capabilities. African countries have a lot to gain from a US-China trade war, with opportunities for the Continent to step up their services and product export capabilities. This is according to Francois Fouche, advisor at Trade Research Advisory, part of the North-West University,…

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When Africans are Charged More Than 3.5 Times The “Affordable” Rate For Mobile Data, South Africa Suffers More Than Most

According to a new report by the Alliance for Affordable Internet (A4AI), Africans are charged on average 7.1% of their monthly salary for a gigabyte of mobile data, more than 3.5 times the threshold considered “affordable” (2% of monthly income). The report finds that progress towards competition is stalling across low- and middle-income countries amid…

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