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...

Sovereign Trust Insurance: Advancing Extra Mile as a Lifestyle in CSW 2026

As the world marks Customer Service Week 2026, Sovereign...

Excellent Leaders Secondary School Emerges Best at Tech Spark 2026

The first-prize winning team of Excellent Leaders Secondary School,...

Excellent Leaders Secondary School Emerges Best at Tech Spark 2026

The first-prize winning team of Excellent Leaders Secondary School,...

NAIPE Confab 2026: 28 Insurance, Pension Stakeholders Show Support as Event Kickstarts 12noon on Thursday

About 28 insurance and pension regulators and operators have...

Topics

BUA Foods Hosts Minister of State for Industry, NSDC on Tour of LASUCO Sugar Company  

  BUA Foods Plc recently hosted the Hon. Minister of State for Industry,...

Equities Market Sustain Bullish Performance… ASI up 2.1%

In yesterday’s trading session, the domestic equities market maintained...

Munich Re Takes $1.8bn Pandemic Loss, Stops Business Coverage

Munich Re has stopped selling coverage to protect against...

AMCON: We Took Over Arik Due to N146bn Debt

Mr. Ahmed Kuru, Managing Director of Assets Management Corporation...

IGI Names Bayo Folayan New CEO

Industrial And General Insurance Plc (IGI) has announced the...

Apple May Launch Fifth-Generation iPad in September: Report

Apple is expected to launch the fifth-generation iPad in...

Sovereign Trust Insurance Settles N2bn Claims in H1 2024

Sovereign Trust Insurance Plc has shown its commitment to...

Emirates, Huawei Partner on Enhanced Mobile App Experience to Users

Emirates has announced a collaboration with Huawei, one of...
spot_img

Related Articles

Popular Categories

spot_imgspot_img