Friday, July 21, 2017

Why e-Commerce Matters To Africa

E-commerce is growing across the continent. EPA
The business world is watching with interest as e-commerce giant Jack Ma tours East Africa on a mission to inspire young entrepreneurs.
BBC Africa Live report continues:
China's richest man Mr Ma made his fortune through online retailer Alibaba which is reported to account for 11% of all Chinese retail sales.
Many companies are trying to make it in Africa's small but growing e-commerce market. In Kenya, online retailers Jumia and Kilimall are currently among the biggest players.
But in a country like Kenya, were most people don't have addresses, delivering consumer goods bought online remains a challenge.
Consumers are also somewhat wary of buying online, however this worry hasn't stopped them purchasing competitively-priced televisions and smartphones in increasing numbers.
Away from the large website and warehousing model, another emerging distribution trend is that of small businesses advertising online and striking deals with motorcycle riders to make their deliveries.

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