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

Universal Insurance Paid N1.2bn Claims in 5 Years

Mr. Ben Ujoatuonu Managing Director/CEO Universal Insurance Plc Universal Insurance Plc paid...

Addressing Financial and Non-Financial Signals of Business Decline

  By Kazeem Olayemi Odeyeyiwa, FCA Every corporate organisation cherishes impressive...

Red Star Express Restates Education Strategy, Awards Scholarships

Red Star Express Plc has restated the strategic importance of primary and grassroots education as a catalyst for overall economic growth and long term improvement of life. The Managing Director of Red Star Express, Mr. Sule Bichi made the comment at the scholarship Awards presentation ceremony at Unity Grammar School and Mafoluku Grammar School, as part of its Corporate Social Responsibility (CSR) in Lagos.

TeamApt CEO says Financial Inclusion is Dependent on Reliable Payment Ecosystem

L-R: Mr. Chike Onwuegbuchi, Chairman, Nigeria Information Technology Reporters’...

Cancer Care: Polaris Bank Celebrates with C.O.P.E on 30 Years of Hope, Impact, Partnership

L-R: Bukola Oluyadi, GH, Customer Expweience & Value management,...

How Fortune Ran Out for Nigeria’s Goodluck Jonathan

Nigerian President Goodluck Jonathan makes a declaration in front of supporters at a ceremony in Abuja on November 11, 2014. Goodluck Jonathan’s rise to the top of the pile in Nigeria’s ruthless political world has been described as accidental -- a matter of good luck. But the amazing run of coincidence and chance that brought the son of a canoe-maker to the Presidential Villa in the capital, Abuja, seems to have come to an end.

Abbey Mortgage Bank Records N76m Profit in Q1 2021

L-R: Mobolaji Adewumi, Executive Director, Finance and Admin; Lolita...

Business Journal Named in Top 20 Nigeria Business Blogs Ranking

The Business Journal online (www.businessjournalng.com) platform has been named...
spot_img

Related Articles

Popular Categories

spot_imgspot_img