JUMIA Seeks Better Infrastructure for e-Commerce in Africa

Francis Dufay, the Managing Director of JUMIA Côte d’Ivoire has called for better infrastructure to foster rapid and sustainable growth of the e-commerce sector in Africa.

He said Côte d’Ivoire “has the basics of the different types of infrastructure” needed for e-commerce and “the challenge remains to improve each of these elements.”

E-commerce is based on four key infrastructures: Internet, logistics, payment and the legal framework.

Although JUMIA managed to transcend the limitations inherent to each type of infrastructure, allowing it to route some 2,000 parcels daily, several points would benefit from qualitative evolutions; including:

Logistics with a need for; better roads, 3PL offering the highest quality of service at competitive prices and a more comprehensive addressing system.

Payment; where the widespread adoption of cashless payment methods such as mobile money for which JUMIA enjoys the expert support of MTN, should be encouraged.

The regulatory and organisational framework could benefit from more education for stakeholders for a better understanding of contractual implications.

And internet, whose penetration estimated at 8 million people in Côte d’Ivoire, remains curtailed.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

CIIN Cements Institutional Partnership with Insurance Meets Tech for 5th Edition

L-R: Registrar/CEO and Secretary to Council, Chartered Insurance Institute...

CAMCONIA: Bankole Banjo of SanlamAllianz Emerges New Chairman

The Corporate Affairs Managers Committee of the Nigerian Insurers...

‘Dangote Refinery in Kenya Will Have Positive Impact on Country, East Africa’

Being text of the remarks by Dr. Umaru Kwairanga,...

AIICO Reinforces Commitment to Human Capital Development with State-of-the-Art Learning Facility

Left to right: Mr. Gbenga Ilori, Executive Director &...

Polaris Bank Takes Customer Service to “The Extra Mile”

Polaris Bank is set to join organisations around the...

Topics

Insurance Group Seeks Market Growth via Media Support

The Chairman of the Governing Council, Insurance Industry Consultative...

NGX Group, Market Stakeholders Honour Pascal Dozie’s Enduring Impact

L-R: Idahosa Gabriel, President and Chairman of Council, LCCI;...

Wapic Insurance Unveils Innovative Travel Insurance Policy

Wapic Insurance Plc has unveiled an innovative travel insurance...

Dangote Thanks Tinubu, NNPC as Refinery Begins Production

  President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked...

Stock Market Statistics: Tuesday, 3rd January, 2017

Market Cap (N'bn)              ...

Africa Nominates Zimbabwe’s Tourism Minister, Mzembi, for UN – WTO Secretary-General

African nations have nominated a Zimbabwean, Dr. Walter Mzembi, as...

PUBLIC POSITIONING: WHY GREAT BRANDS MUST BE SEEN IN THE RIGHT PLACES

   By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

AMCON: The N1.5m Entrepreneurship Scheme for Corps Members

NYSC Director-General, Brigadier General Shuaibu Ibrahim (left) with AMCON...
spot_img

Related Articles

Popular Categories

spot_imgspot_img