Thursday, June 19, 2025
25.7 C
Lagos

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

Hot this week

Book Presentation: GOCOP Seeks to Sanitise Online Journalism, Set Standards

The President of the Guild of Corporate Online Publishers...

Chain Reactions Africa Clinches Top Honours as Nigeria’s Most Celebrated PR Firm at SABRE Awards

L-R: Israel Opayemi, MD/Chief Strategist, Chain Reactions Africa; Arik...

PenCom to Newspaper Owners: Clear N720m Pension Debt

From Left: The Director General of the National Pension...

Execution of Oloibiri Museum Project to Commence as Promoters Hand over Site to Julius Berger

Officials of the Nigerian Content Development and Monitoring Board...

Topics

Emirates’ Exclusive Agreement with Dom Pérignon Champagne

As the only airline with an exclusive agreement to...

Leadway Assurance: ‘Nigerians Should Buy Term Life Assurance Policy’

Ms. Adetola Adegbayi, Executive Director, Leadway Assurance Company Limited...

Flutterwave Re-brands, Looks Beyond Payments

Flutterwave, the leading technology company, has unveiled a significant...

Sub-Saharan Africa Sees International Debt Stock Reach $402.8bn 2014

At the end of 2014, the international debt of...

Microsoft, ISSAN Partner on Cyber Security Awareness

Leading ICT company, Microsoft has called on individuals and...

Verve Partners Alcineo, Unveils SoftPOS to Boost Contactless, Digital Payment

  Vincent Ogbunude Managing Director Verve International Africa’s leading payment cards and digital...

NCC, NAICOM, PenCom, SEC, NEM, Dangote, Stanbic IBTC, STI for Business Journal 15th Anniversary Lecture

The Business Journal 15th Anniversary Lecture/Awards scheduled for Friday,...

Market Statistics: Thursday, 2nd November 2017

Market Cap (N'bn)               12,763.1 Market...
spot_img

Related Articles

Popular Categories

spot_imgspot_img