Friday, November 8, 2024
25.4 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

Continental Re Seeks Entries for 10th Pan African Re/Insurance Journalism Awards 2025

Continental Reinsurance Plc, a leading Pan-African reinsurer, is proud...

Cloud Energy Unveils 200 Watts Street Light Bulbs, Rooftop Panel Campaign

Nigeria’s foremost indigenous Renewable Energy Company, decorated by industry...

Awele Elumelu Seeks Increased Female Leadership in Insurance Sector

L-R: Lady Margaret Moore, President, Africa Insurance Women Association...

NCDMB ES, Lagos Gov Commission Bell Oil and Gas’ Pipe Threading, Valve Assembly Plant

A multi-million-dollar pipe threading and valve assembly facility built...

Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024

Polaris Bank's commitment to digital innovation and excellence has...

Topics

ATIMS AWARDS: Kanye Tagbo-Okeke, a Nigerian Prodigy, Shines in New York

In a remarkable achievement that shines a spotlight on...

Bullish Performance Sustained on Bargain Hunting… ASI Up 53bps

The domestic equities market advanced 0.5% in yesterday’s trading...

Africa’s Reinsurers Concerned about Lower Profitability, Uncertain Economic Outlook

The mood among Africa’s reinsurance executives has become more...

Stanbic IBTC Insurance Launches Education Endowment Plan to Secure Children’s Academic Future

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings,...

Société Générale Bank in Partnership with Rugby Africa

Société Générale and Rugby Africa have agreed to join...

Glo Plans Internet Connectivity for West African Varsities

Globacom Limited has declared its willingness to provide Internet...

Reps to Visit Arik, Aero Airlines on Assessment

L-R: Mr. Aminu Ismail, Executive Director, Operations, Asset Management...

NAICOM: ‘No Insurance Firm Forced to Donate to Fight Against COVID-19’

The National Insurance Commission (NAICOM) has refuted an online...
spot_img

Related Articles

Popular Categories

spot_imgspot_img