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

Stanbic IBTC Bank PMI: Strongest Growth of Output Since February 2022

September data signalled strengthening growth momentum in Nigeria's private...

Stanbic IBTC’s AAA (nga) Rating, Unbroken for a Decade, Reaffirmed by Fitch

Stanbic IBTC has been reaffirmed at 'AAA (nga)' by...

A&G Pitches 5-Point ‘Extra Mile’ CSW 2026 Strategy to Brokers Driven by Recapitalisation Strength

Alliance & General Insurance Plc has initiated a strategic...

Recapitalisation: The Road to Strong Capital Adequacy, Growth for Insurance Industry

The recent conclusion of the recapitalisation exercise in the...

AXA Mansard’s New Campaign Seeks to Deepen Insurance Penetration as Path to Economic Growth

AXA Mansard Insurance Plc has unveiled a new strategic...

Topics

Sanlam Life Donates Items to 5 Orphanages in Jos

   L-R: Odinakachi Umekwe, Executive Director, Retail Distribution, Sanlam Life...

Orange, Apigate Launch Digital Application Programming Interface (API) in Africa

Orange, one of the world’s leading telecommunications operators, and...

Almond Insurance Industry Awards 2024 Holds Nov 1 in Lagos

The stage is now set for the 2024 Almond...

Raenest Secures $11m Series A Investment in QED-Led Funding Round

Raenest, the global multi-currency accounts platform for individuals and...

IMF Cuts Global Growth Forecast over BREXIT

The International Monetary Fund cut its forecasts for global...

Continental Reinsurance Plc: Most Innovative Reinsurer Africa 2022

  Mr. Lawrence Nazare Group Managing Director/CEO Continental Reinsurance Plc The CFI.co judging...

Africans Risk Poverty, Hunger from Rising Temperature

Yesterday, the Intergovernmental Panel on Climate Change released a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img