The online retail in South Africa more than doubled in just two years, due to the explosion in demand for home deliveries brought about by the Covid-19 pandemic, according to new research findings.
Moulaye Taboure is the CEO/Co-founder of Afrikrea, an Africa focused e-commerce platform operating out of Côte d’Ivoire.
The partnership aims to support the vision of the DRC Government, which under the leadership of President Felix Tshisekedi has an ambitious digitization programme.
Trade enabler DP World has launched DUBUY.com, a global wholesale e-commerce platform. DUBUY.com is available first in Rwanda with plans to expand across Africa and around the world.
The expansion comes along with improvements to existing functionalities, for example, the integration of a “save and edit” option and new services such as myDHLi Reports.
Lino G. Tokpo is the founder and CEO of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through product distribution.
Nigerian social and video commerce platform Rabawa has raised US$163,000 in funding from US-based VC firm Aptive Capital to help it scale its operations.
Lino G.Tokpo est le fondateur et PDG de GENIEUP Group, une jeune entreprise Béninoise qui intervient essentiellement dans l’accompagnement des entreprises locales à travers d’une distribution des produits.
Jumia has announced the launch of a Jumia Prime campaign that will see new customers sign up for a one-month trial and receive free deliveries on orders placed on the company’s platform.
As the world went into pandemic lockdown in 2020, consumers in Africa shifted their spending habits to embrace contactless tap-and-go payments and online shopping.
Research from Mastercard shows that the adoption of new payment technologies is rising, and consumer appetite for new, fast and flexible digital experiences continues to grow.
For millions of people who have limited access to banking services, rural communities, families living in pandemic-related isolation and vulnerable members of society in particular, digital financial services have been a critical lifeline.
George-Yanwah has been appointed as chief executive officer Ghana for e-commerce company Jumia,.
Mastercard has today announced a new investment in Rwandan female-focused eCommerce platform Kasha to ensure women across emerging markets have essential access to health and personal care product
According to the Visa COVID-19 CEMEA Impact Tracker, contactless payments and eCommerce shopping grew exponentially, with merchants and consumers showing sustained preference for digital payments.
Jumia, the leading e-commerce platform in Egypt, launched a new initiative at the beginning of the Holy month of Ramadan under the theme of “Support Them … Buy Their Products.”
Afrikrea, the e-commerce platform for all things made of Africa, is launching ANKA - an all-in one SaaS solution to provide a seamless ecommerce, payments and global shipping online service for micro retailers and businesses on the continent.
iMile’s recent expansion into Egypt is part of its commitment to continue supporting efficient cross-border ecommerce across the region.
Getachew will lead the commercial growth and expansion of Twiga’s business in Kenya and across the borders into the wider East Africa market, in line with the strategic goals of the company.
Global ecommerce platform Wish has announced a strategic partnership with South Africa Post Office (SAPO) to strengthen its logistics capabilities and customer experience for South African consumers.
Tap to Phone aims to make traditional expensive location centric devices like physical POS devices and terminals, obsolete.
In South Africa and Nigeria, FIS is offering domestic payment processing services through its previously announced agreement with payments technology company Flutterwave.
A first in South Africa, the solution will enable merchants to send an invoice requesting a payment from any customer seamlessly through WhatsApp.
In a private placement Zeepay and Mangwee agreed to a sale of 51 percent of Mangwee shares to Zeepay. The deal makes Zeepay Ghana the majority shareholder of the entity.
After the release of its plugins for Shopify and Magento, Kwik Delivery has released its plugin for Prestashop.
Digital payments stimulate domestic production and consumption. If 50% of temporary workers in Senegal received payments digitally, 45 billion CFA francs would be added to GDP per year.
[Kenya] Logistics startup Amitruck and Sky.Garden announce last mile goods pick-up and deliveries partnership
Logistics platform Amitruck and e-commerce platform Sky.Garden have announced a partnership aiming to form an end-to-end digital chain for goods pick-up and deliveries to the last mile.
The partnership, the first of its kind in Africa, will enable merchants to accurately identify legitimate buyers from fraudsters, resulting in increased transaction approvals and reduced friction in the purchasing experience.
[South Africa] Retailers need to meet online shoppers with an exceptional experience, Immersion Group
Consumers are embracing the e-commerce experience in growing numbers and corporate South Africa is taking serious notice, according to Geoff Hardy, Head of Digital, Immersion Group.
Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, has announced that it will be waiving all fees for new businesses wishing to benefit from its services in Egypt.
Today, any Kenyan entrepreneur with an Internet connection can promote their business, engage with customers, transact digitally, and leverage connected technologies to improve their operations.
The partnership will allow LuLushoppers to benefit from valU’s affordable and convenient financing plans, powered by PayTabs Egypt’s payment gateway.
[Africa Tech Review] Duncan Mochama: Africans are increasingly using eCommerce in response to COVID-19 restrictions
Ten countries are responsible for 94% of all online business in Africa. South Africa, Egypt, Nigeria, Algeria, and Kenya together account for 78% of total marketplace traffic.
Ivorian based in Ghana, Charlette N’Guessan is a tech entrepreneur who collaborates with various organizations that strongly advocate for gender balance in the tech ecosystem.
Uber’s long-term partnership with Mastercard continues to grow with a new strategic initiative focusing on digital payments and advancing financial inclusions which will be facilitated by Mastercard across the Middle East and Africa.
Online payment processing platform SeerBit has announced it is partnering with Wix, a global SaaS platform to create, manage and grow an online presence, to empower and scale eCommerce businesses in Africa.
Network International, an enabler of digital commerce across the Middle East and Africa (MEA), has appointed Egyptian national Hany Fekry as the Regional President for Northern and sub-Saharan Africa.
Rwandan' products are set to gain extended access to UAE and global markets following the first launch in Rwanda of Dubuy.com, an e-commerce platform.
The Mastercard Foundation and logistics market leader DHL, have partnered to roll out the most comprehensive, pan-African e-Commerce platform, Ananse Africa, to support creative entrepreneurs like fashion designers and artists.
United Capital Bank, UCB, is planning to launch more Visa products for a growing customer base; Sudanese banks attracted about $500 million dollars following the recent decision on the exchange rate.
Pan-African fintech leader MFS Africa has announced that it now reaches over 320 million mobile money wallets,enabling a range of banks, telcos, money transfer operators, and other financial institutions interoperability at scale in Africa through a single integration point.
To develop the potential of startups driving the internet economy, Telecel Group has opened applications for the ASIP Accelerator Program powered by Startupbootcamp AfriTech.
Newly launched "click and collect" service reinvents shopping experiences in Egypt to offer customers more convenience and choice.
GSMA has published its annual 'State of the Industry Report on Mobile Money'. It reveals a dramatic acceleration in mobile transactions during the COVID-19 pandemic as lockdown restrictions limited access to cash and financial institutions.
The United States government, through the U.S. Agency for International Development (USAID), is collaborating with Google to train and mentor hundreds of Egyptian women and youth business owners, as well as business advisors, in 2021.
UnionPay International (UPI) announced that with significant progress in Latin America, UnionPay acceptance network has now extended to 180 countries and regions, over half of which accept UnionPay mobile payments.
Esinam Yevu is Co-Founder and Communications Lead at Ghanaian fintech startup, PayBox.
On-demand delivery startup Glovo has launched its operations in Kenya. Glovo entered Africa in 2018 and is currently present in four countries.
E-commerce platform Jumia has launched a Food Festival Campaign to support local restaurants. The campaign will run from 19th March to 4th April.
Meanwhile, shopper habits have changed considerably, and this means small businesses must continue to adapt and grow with the direction of the wind.
Nigeria’s payment tech company Flutterwave, has announced a new collaboration with global payment company PayPal to enable PayPal customers globally to pay African merchants in the continent through Flutterwave’s platform.
In a bid to boost e-commerce among the micro and small enterprises in Africa, Mastercard Foundation in partnership with Catalyst Fund, MEST and BFA Global have created Catalyst Fund Inclusive Digital Commerce program.
Epos Now, a global software and payments technology company, has launched its cloud point of sale (POS) solution in Nigeria, making its first entry into the African market.
Ukheshe Technologies and Infobip collaborate to create South Africa’s first WhatsApp payment gateway
Digital fintech enablement provider, Ukheshe Technologies, together with Infobip have developed South Africa's very first WhatsApp payment gateway for use by Telkom, one of the country's largest mobile operators.
IFC announced an investment in the Savannah Fund, a technology seed fund in Africa, to increase lending to startups across sub-Saharan Africa with a focus on supporting women entrepreneurs and disruptive companies in high-growth sectors.
Global investment bank Citi has announced the launch of a new service for its institutional clients that speeds up the processing of their cross-border payments through the digitization of supporting documents.
Wego, the online travel marketplace across the MENA region, announced the launch of ShopCash, an online shopping cashback and deal discovery app for Middle East consumers.
IBM, EGYPTAIR Tourism and Duty Free Co. announced a new agreement in which the airline will leverage IBM Cloud to scale and modernize EGYPTAIR Duty Free back-end operations and host its SAP Travel Retail System.
Nium, an advanced global payments platform, has announced that its clients are now able to send funds to their business partners located in Ghana, Kenya, South Africa and Tanzania, with more countries in the pipeline.
On-demand delivery is gaining a lot of popularity as a result of the current business and economic challenges and many businesses are expanding their operations by jumping on the digital bandwagon.
According to the World Bank, Africa is the only continent where female entrepreneurs outnumber their male counterparts. In Kenya, 48% of micro, small, and medium businesses are female-owned.
Vancouver Bullion & Currency Exchange (VBCE), a foreign exchange and payment services provider in Canada, has partnered with global financial settlement network EMQ, to provide near real-time cross-border payments and a broader international reach.
Kwik Delivery has announced today that it is expanding its app-based breakthrough delivery service to 4-wheels delivery vehicles.
Customers in Singapore and across the world will now have easy access to some of Rwanda’s traditional products following a move by the country’s leading online supermarket, RedMart, to trade them online.
Union Bank, one of Nigeria’s foremost financial institutions, has unveiled the 2021 UnionX Innovation Challenge, as part of efforts to support young startups and boost innovation in the startup ecosystem.
Imperial Logistics announced it acquired 60% of e-Commerce logistics business, ParcelNinja. ParcelNinja offers an outsourced warehousing and fulfilment business to South African online shops.
In 2020, eCommerce spending grew at the fastest rate in five years, while usage of cash for in-store payments fell sharply, as global consumers made increasing use of mobile wallets.
The U.S. International Development Finance Corporation (DFC), disbursed a $1 million equity investment in Kasha Global, an e-commerce company that provides women’s health and personal care products to customers in Rwanda and Kenya.
Jumia Food has partnered with Africa’s airline caterers, NAS Servair, to provide healthy and affordable meals to consumers in Nairobi.
The National Post Office (Iposita) has adopted a codified addressing system that will make it possible for them to deliver packages and mails to the exact locations by use of grid code technology.
Mastercard and MTN have announced a strategic partnership to enable millions of consumers in 16 countries across Africa to make global e-commerce payments safely and securely.
As more of Africa’s 526 million Internet users are opting to buy goods at the click of a button, Kenyan e-commerce revenue is projected to hit $1.5 billion in 2021.
It has been two years since Gozem started operations in Lomé. Recently, the uber-like company expanded its offer to Tsévié, a city located 35 km north of Lomé.
Nigeria’s internet retailer and stock administration Salescabal system has rebranded to Bumpa. The company has also unveiled a new logo and website, a move it says is part of its extensive rebranding initiative.
Nigerian last-mile delivery startup Kwik Delivery announced it has released its Kwik Delivery plugin for Shopify, allowing Nigeria-based Shopify merchants to seamlessly integrating Kwik’s groundbreaking last-mile delivery service.
A Mastercard study on consumer spending* has revealed that nearly four out of five (79%) surveyed consumers in Kenya are shopping more online since the onset of the COVID 19 pandemic.
Visa Inc. has announced VisaNet +AI, a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers.
Digital technology is a critical part of the continent’s response to the ongoing upheaval caused by the Covid-19 pandemic. Adapting to these continuing challenges will shape the continent’s digital trends further in the months ahead. Here are some of the developments we can expect in 2021:
Ecommerce giant Jumia has launched a new program in Mt.Kenya region to empower local businesses by boosting their revenue and providing better services to the consumers.
Carrefour Kenya has launched a new mobile app that will now let users shop online and have their goods delivered to them.
Global digital payments provider Visa and TransferWise have announced a global partnership and the first use of Visa Cloud Connect, a new way for fintechs and partners to securely connect Visa’s global processing network, VisaNet, through the cloud.
Mastercard is furthering its commitment to create a more sustainable and inclusive digital economy, with a pledge to reach net zero emissions by 2050.
The innovation targets schools, landlords, utilities and other businesses with repeat payments, offering a platform where they can present and receive pending payments from customers, and issue electronic receipts.
Wari, a global platform offering digital financial services, and Lycaremit, a world player in remittance and part of the multinational Lyca Group, have signed a strategic partnership that will strengthen and expand their global networks to provide access to money transfer services worldwide.
Bango, the data-driven commerce company, and Tpay Mobile, the full-service digital payments platform for the Middle East, Africa, and Turkey, have formed a strategic partnership to increase access to digital commerce.
Africa claims top three spots in Mastercard Index for highest concentration of women businesses owners in the world
The 2020 Mastercard Index of Women Entrepreneurs (MIWE) has once again ranked Uganda (39.6%), Botswana (38.5%) and Ghana (36.5%) as the world’s three leading economies having the most women business owners.
[Malawi] NBS Bank launches e-commerce platform and online payment gateway with Network International
NBS Bank, a commercial bank in Malawi, launched its state of the art e-commerce platform, powered by Network International, an enabler of digital commerce across Africa and the Middle East.
The rise of the digital age has resulted in an information overload and often a lot of this information is made up of unqualified opinions and regurgitated statements according to Jay Mawji, Managing Director of INFINOX.
[Column] Francis Wainaina: Growing Kenyan entrepreneurship – the digital programmes and projects that are shaping the future
With the rise of Kenya’s digitally enabled start-ups, developing local entrepreneurship is pivotal to the success of an inclusive digital transformation journey.
Mastercard pioneers cloud tap on phone, the first pilot of cloud point of sale acceptance technology
Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with Computer Engineering Group (CEG), a Napa, Calif.-based independent IT Services provider.
The covid-19 pandemic altered the usual way of doing things and we should therefore expect a number of innovations on new emerging technologies to adapt to this new normal, mostly from African tech startups.
Amazon e-commerce management company Albert Scott is partnering with the United States Agency for International Development (USAID), through its Southern Africa Trade and Investment Hub, to help manufacturers in Southern Africa promote their products on Amazon.com.
Cybersecurity and data privacy are concerns for e-commerce platforms but also an opportunity to rebuild trust, KPMG
Rapid growth of users and the strain on companies to quickly develop and expand the capabilities of their online platform also come with cybersecurity and data privacy risks.
Gone are the days of dealing with the stock trader on the floor during the Wall Street boom era. Today, trading is accessible to anyone with disposable income, young or old.
Mastercard signs partnership with Carticard to spur digital economy and drive financial inclusion in Egypt
Mastercard has announced a partnership with Carticard, egabi FSI’s strategic partner, to offer Carticard customers improved digital payment solutions while incorporating more people into the digital economy.
LG Electronics has launched its second e-Showroom in the Kenyan market located at the Cedar Mall in Nanyuki Town.
Co-operative Bank of Kenya has partnered with Thunes, a cross-border payment provider, to launch an alternative global money transfer solution: Co-opRemit©.
WorldRemit, a cross-border digital payments service, has launched a service for customers in Nigeria to receive international transfers in their bank accounts in USD.
HexGn, a consulting firm known for fast-tracking entrepreneurship and upcoming technologies globally, has joined hands with the Africa Islamic Economic Foundation (AFRIEF), to launch its flagship startup program, HexGn Startup Explore, in Africa.
Mastercard Center for Inclusive Growth partners with Nedbank to help 9,000 South Africa micro-entrepreneurs grow their businesses
Informal micro-enterprises are among those whose businesses have been significantly impacted by COVID-19, with nearly two thirds of these businesses stating that they are not performing well after lockdown, according to a recent Ipsos South Africa survey.