Online Retail Sales in South Africa jumps to USD2.12 Billion in 2020
Online retail in South Africa more than doubled in just two years, thanks to the explosion in demand for home deliveries brought about by...
Jumia’s Sales & Advertising Expense Dipped By 9% to €8.1M in Q1 2020
Jumia, the e-commerce company, recorded a drop in its Sales & Advertising expense by 9% from €8.9 million in the first quarter of 2020...
Jumia: Gross Profit increased by 11% €20.4 million in Q1 2021
Lagos, May 11, 2021 – Jumia Technologies AG (Jumia) announced today its financial results for the first quarter ended March 31, 2021.
Results highlights for...
Access Bank shoots down FCMB, Zenith as Bank Wars goes live
Visitors to the Tech Experience Centre, Africa’s cutting-edge technology and lifestyle hub on Saturday, May 8, 2021, were treated to exciting, high-scoring matches on...
Rabawa, Africa’s first social and video commerce platform raises $163,000
Africa’s first social and video commerce platform, Rabawa, has raised $163,000 from Aptive Capital, a VC firm in the USA that is focused on supporting...
Marketsquare Expands Footprint In Nigeria, Opens 16th Outlet In Benin City
Marketsquare, a supermarket brand of Sundry Markets Limited, the foremost indigenous retail chain of supermarkets, rapidly expanding across the country has expanded its footprint...
E-Commerce: How Konga saved my family during the peak of COVID-19
Nigeria has fared fairly well with the COVID-19 pandemic, especially when compared with its counterparts in other parts of the world and against the...
Apple Devices Now Available To Shoppers On Konga
Konga, Nigeria’s leading composite e-Commerce giant, is now a prime destination for the best deals in the market on all Apple products.
The development comes...
Nigeria Emerges As Paxful’s Biggest Market Hits $1.5 Billion In Volume With Over 1.5...
Lagos, 27th April 2021: Paxful, the leading global peer-to-peer fintech, has disclosed that Nigeria is its biggest market with an impressive volume which currently...
eCommerce Losses to Online Payment Fraud to Exceed $20Bn Annually in 2021
eCommerce Losses to Online Payment Fraud to Exceed $20Bn Annually in 2021
26th April 2021: A new study from Juniper Research has found that the value of...
Amazon Set To Open African Headquarters In South Africa
Just as Twitter opened its headquarters in Ghana, Amazon is also tolling that path with concluded plans to open its African headquarters in South...
SKLD Launches New Campaign to Reward Retail & Wholesale Customers
More than N1m to be won at skit stores & online platform
Over N5m worth of early bird discount on School Uniforms
The SKLD...
