Nigeria’s Guaranty Trust Bank (GTBank) has launched SME MarketHub, an e-commerce portal for small and medium enterprises (SMEs) in Nigeria, which seeks to enable entrepreneurs to bring their businesses online and take advantage of the vast sales opportunities within the space. The bank said the portal allows it to contribute to the growth and development
South African e-commerce technology platform uAfrica has partnered with e-commerce store creator Shopify, to provide the latter’s services to the South African market. uAfrica said South Africans sell through a combination of web storefronts, online marketplaces and in-person, and the Shopify partnership helps bridge the gap and streamlines business operations and sales. HumanIPO reported last
Hamburg-based secondary research organization yStats.com has released a new report: “Global Online Payment Methods: First Half 2014“, which reveals that credit cards continue to have the largest share of global B2C E-Commerce payments and are likely to maintain that lead in the near future. However, the fastest growing alternative methods, digital wallets and mobile payments
PagBrasil has announced the availability of its new module for the leading e-commerce platform Magento. The plugin supports all major local payment methods, including domestic credit cards, Brazilian debit cards, boleto bancário and online banking transfers. “Responding to merchants’ demands, we are proud to announce the launch of the Magento module” comments Ralf Germer, CEO
Nigeria’s e-commerce sector is still in its infancy compared to those of developed countries in spite of the success of the likes of Konga and Jumia, according to Oluseye Faleye, founder of TopDownDeals. Faleye believes TopDownDeals.com.ng filling a vacuum by providing a platform for gamers in the country to purchase offerings from international providers at affordable prices.
Nigerian e-commerce platform Konga.com has been declared the winner of the Most Innovative and Impactful Retail Award by the Lagos Chamber of Commerce and Industry. Gabriel Gab-Umoden, head of marketing of Konga.com, collected the award on behalf of the company. “On behalf of Konga.com CEO Sim Shagaya and the entire team, we wish to thank
Amendments to South Africa’s Electronic Communications Act (ECA) and the Independent Communications Authority of South Africa (ICASA) Act will give the regulator greater jurisdiction over electronic transactions, and the ability to impose higher fines on offenders. President Jacob Zuma assented both the ECA and the ICASA Act on April 7, 2014, with the series of
Secondary market research publisher yStats.com has released findings in its “Africa B2C E-Commerce Report 2013” indicating that the growing Internet penetration, the spread of mobile technology and improvement of payment and delivery infrastructure are factors that can boost E-Commerce on the continent. yStats.com CEO Ycel Yelken states “E-Commerce has a high potential in Africa as
Effective Measures has released a report on e-commerce in South Africa. They surveyed over 10,000 internet users with desktop access in South Africa in order to ascertain their online shopping habits. Some of the key insights they uncovered include: 73.76% of online shoppers will use the internet to make payments, transfer money and pay utility
Naspers has confirmed its investment arm MIH is shutting down a number of its South African e-commerce sites. Last week e-commerce sites SACamera, 5rooms, Kinderelo and Style36 were taken down, showing maintenance messages, but Naspers has now confirmed the shutdowns are part of a wider policy to refocus resources on larger properties such as Kalahari.
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