Category: E-commerce (en)

Fintech company Bizao raises €8 million to become a leading payment hub in Africa

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PRESS RELEASE Bizao, a fintech dedicated to the African market, announces that is has recently closed its €8 million series A funding round which was led by key investors including AfricInvest, Adelie, and Seedstars Africa Ventures. Since 2019, Bizao has secured, in 10 African countries, over 30 partnerships with telco operators, banks, and mobile money service providers. This geographical coverage has enabled Bizao’s team to build, over time, a unique payment hub which allows businesses in West and Central Africa to accept credit cards payments along with mobile money and…

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Kwik Launches Kwikstore, an Easy-To-Use E-Commerce Solution to Help African Merchants Sell Online from their Smartphone

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KwikStore is a free ecommerce storefront solution that allows any African business owner, merchant, social vendor entrepreneurs and SMEs to create their own online stores LAGOS, Nigeria, July 22, 2022/APO Group/ —  Kwik (Kwik.delivery) is expanding its offer of digital services today with the launch of KwikStore –  adding yet another exciting service to the already sensational offer it brings to African business owners and social vendors. KwikStore is a free ecommerce storefront solution that allows any African business owner, merchant, social vendor entrepreneurs and SMEs to create their own…

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Dubuy.com the e-commerce platform of DP World expands Africa presence with launches in Ghana and Zambia

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DP World today announced the continued expansion of its e-commerce platform Dubuy.com in Africa, with launches in both Ghana and Zambia. The latest roll-out of the wholesale marketplace opens access to global supply chains for even more African businesses. Dubuy.com provides advanced technology and secure transactions for wholesale traders, connecting them safely and efficiently to international markets. These digital tools are underpinned by DP World’s robust physical infrastructure across Africa, such as the port at Maputo and its connections with East and South Africa. On the West Coast, DP World…

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E-COMMERCE AND Q-COMMERCE BOOM BENEFITS CONSUMERS AND COURIERS

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Imagine a future in which your new cell phone is delivered to your home by a courier who also sets up your new device for you. What about a courier who can deliver a spare part for your washing machine and install it while he is there? These were some of the scenarios explored by parcel industry experts in an absorbing panel discussion on e-commerce and the last mile at the 2022 SAPICS Conference for supply chain professionals. The COVID-19 pandemic triggered unprecedented growth in e-commerce and the courier industry.…

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DIGITALISE YOUR ORGANISATION’S PROCUREMENT OR RISK EXTINCTION, EXPERTS WARN

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The digital transformation of procurement is well underway, and any organisation that is clinging to analog procurement in today’s digital world, is in danger of extinction.  This was one of the key messages from the experts who shared their insights with IT and procurement professionals who gathered online for the third annual IT Sourcing Summit hosted by Smart Procurement World. Held under the theme “Digital Darwinism – Embracing the Technological Revolution”, the summit put the spotlight on the state-of-the-art procurement technologies, processes, tools and expertise that are driving bottom-line value…

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E-commerce: Moroccan startup Chari begins expansion in sub-Saharan Africa with the acquisition of Ivorian Diago

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Charia, the Moroccan fintech and retail e-commerce startup, which won the Africa CEO Awards, “Disrupter of the year” award this week, announced earlier that it had acquired the ivorian application that connects local stores with producers and importers of consumer goods. After setting up shop in Tunisia last year, the Moroccan startup is now setting foot in sub-Saharan Africa with this operation and taking another step towards its goal of becoming a leader in its sector in French-speaking countries in Africa.   According to a Chari press release, Diago’s founders,…

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DP WORLD LAUNCHES E-COMMERCE PLATFORM DUBUY.COM IN TANZANIA

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A part of the leading global logistics provider DP World, DUBUY.com opens a new digital trade corridor for Tanzania and the East Africa region The wholesale platform brings efficient, reliable B2B eCommerce to Tanzania, enabling market access for businesses of all sizes Uniquely, the new digital trading corridors created by DUBUY.com will be supported by the physical corridors DP World has built across the African continent, including ports, terminals, and logistics operations DP World today announces the launch of its wholesale e-commerce platform DUBUY.com in Tanzania. The online marketplace will…

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THE PERFECT IMPERFECTION OF ONLINE SHOPPING

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Humankind has come a long way since we “shopped” for goods by bartering with our neighbours. “Here’s a fish in exchange for a bunch of carrots and a cabbage” evolved into “here’s 50 cowrie shells for a chicken”. Then came the first coin in the form of the Mesopotamian shekel, and some 5 000 years later, it is the digital age, and we shop and pay not with cash but with clicks. The COVID-19 crisis fuelled unprecedented growth in e-commerce. According to a McKinsey report on “The future of work after…

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IFC INVESTS IN EGYPT’S BRIMORE TO SUPPORT THE GROWTH OF E-COMMERCE, CREATE JOBS AND MARKETS

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To support the growth of local manufacturers, create job opportunities, and develop e-commerce in Egypt, IFC today announced an equity investment in Brimore, a leading Egyptian social commerce platform that connects emerging brands with distributors and customers. IFC is co-leading Brimore’s $25 million Series A round with an investment of $5 million in the Cairo-based company, which provides small- and medium-sized manufacturers in Egypt with access to the mass market through a large network of distribution agents, most of whom are women. IFC’s investment will help Brimore grow its network…

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THE MANAGING DIRECTOR OF GAINDE 2000 EXAMINES THE SENEGAL ELECTRONIC COMMERCE CHALLENGES AND PROSPECTS

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The Managing Director of GAINDE 2000, Ibrahima Nour Eddine Diagne, participated, on December 30, 2021, in a virtual panel around the theme: “E-commerce: barriers and solutions according to ecosystem actors”. In his interventions, he analyzed the issues of electronic commerce and highlighted the challenges and perspectives of this subsector. According to the administrator of GAINDE 2000 the issue of electronic commerce revolves around three elements. First, it’s the services culture. In other words, do people have a culture of services to ensure that the products and services they want to buy come…

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