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How Covid-19 accelerated retailer investment in tech

Approximately 58% of retail professionals say the pandemic accelerated new technology-related product launches at their company, according to the new report...

6 Jul 2021

Tana Africa Capital acquires stake in African drinks business KDV Holdings
Tana Africa Capital acquires stake in African drinks business KDV Holdings

Private equity firm Tana Africa Capital has purchased a stake in Kensington Distillers & Vintners, an African premium drinks business focused on beverage manufacturing and distribution...

2 Jul 2021

Credit: Karolina via Pexels
'Buy now pay later' spend predicted to reach $995bn in 2026

This 274% growth will be fuelled by a greater appetite from users for credit to spread costs, particularly in the wake of the pandemic, which has put extreme pressure on user finances...

14 Jun 2021

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SA, Nigeria and Kenya driving e-commerce volumes in Sub-Saharan Africa

A new Visa report states that the top market contributors to e-commerce in Sub-Saharan Africa over the last three years were South Africa, Nigeria and Kenya, with Ghana also showing growth...

9 Jun 2021

POS transaction values predicted to exceed $17.3tn globally by 2026
POS transaction values predicted to exceed $17.3tn globally by 2026

The total value of transactions processed by POS terminals will exceed $17.3tn in 2026, from $14.8tn in 2021, according to a new study by Juniper Research...

18 May 2021

Afrikrea launches SaaS platform to simplify global selling for African merchants
Afrikrea launches SaaS platform to simplify global selling for African merchants

Afrikrea has partnered with DHL and Visa to launch Anka, a platform that provides African micro retailers and small businesses with e-commerce, payments and global shipping services...

30 Apr 2021

Network International to acquire DPO in landmark pan-African payments deal
Network International to acquire DPO in landmark pan-African payments deal

DPO Group will support the expansion of Network International's presence across Africa, one of the most under-penetrated and fast-growing payments markets in the world...

29 Jul 2020

Image credit: Retha Ferguson from Pexels
Covid-19 impact on consumption patterns in Africa's key markets

Prior to the pandemic, Africa was identified as one of the fastest-growing consumer markets in the world, with household consumption growing even faster than GDP...

23 Jul 2020

Clement Chinaka
Slow Covid-19 economic recovery compels African companies to adapt

The World Economic Forum (WEF) reported this week that the pandemic has hit global trade and investment at an "unprecedented speed and scale" and revealed the fragility of the modern supply chain...

By Clement Chinaka 21 May 2020

Global e-retail transaction values to exceed $4tn by 2024
Global e-retail transaction values to exceed $4tn by 2024

E-retail transaction values will reach $4.8tn by 2024, up from $3.3 trillion in 2020, according to a new report from Juniper Research...

24 Mar 2020

SA's 2Engage plans for further growth in Africa and abroad
SA's 2Engage plans for further growth in Africa and abroad

South African fintech and customer engagement business, 2Engage, is pursuing international growth opportunities...

12 Feb 2020

Innervation acquires loyalty business from Tritech Media
Innervation acquires loyalty business from Tritech Media

Innervation Pan African Payment Solutions has acquired African loyalty business, The Loyalty Box, from Tritech Media for an undisclosed amount...

4 Feb 2020

#BizTrends2020: Disrupting legacy African payments - going digital
#BizTrends2020: Disrupting legacy African payments - going digital

A country's payments system is probably not the first thing we think of when we think about the challenge of economic development. But payments are key to the bottom-up economic growth urgently needed...

By Murray Gardiner 17 Jan 2020

#BizTrends2020: Africa's double-edged consumer demand
#BizTrends2020: Africa's double-edged consumer demand

Africa's consumer landscape is fragmented and polarised, characterised by the double-edged demand of a diverse base of consumers...

By Ailsa Wingfield 6 Jan 2020

Annual digital commerce spend to climb to $19tn by 2024
Annual digital commerce spend to climb to $19tn by 2024

A new study by Juniper Research reveals that global spending on digital commerce will reach $18.7 trillion by 2024, up from $11.2 trillion in 2019...

20 Nov 2019

#AfricaCom: "Every consumer today behaves like a millennial, your business needs to catch up!"
#AfricaCom: "Every consumer today behaves like a millennial, your business needs to catch up!"

Dion Jerling, co-founder of Connect Earth was chair of the third and final day of AfricaCom 2019's keynote sessions. He said there had been closer to 17,000 attendees than predicted 15,000 and convened a panel discussion on getting user experience (UX) right...

By Leigh Andrews 15 Nov 2019

Pieter de Villiers, co-founder and CEO, Clickatell
#AfricaCom: Chat commerce leapfrogs in Africa

Chat commerce and chat banking have revolutionised the way companies are serving their customers. Without having to invest in new architecture, companies are able to meet and engage with their clients on the platforms of their choice...

13 Nov 2019

Know your business inside out with a Biz Office
Know your business inside out with a Biz Office

New expectations of transparency and authenticity in business means things like organisational purpose, brand stories, how your company does things, what it believes in and what it stands for, can all play a part in how your company sees itself and how it is seen by others...

Issued by Bizcommunity.com 2 Oct 2019

Image credit: Hello Paisa.
Hello Paisa consumers can now transact on WhatsApp

Hello Paisa recently introduced banking features for its consumers on WhatsApp...

25 Sep 2019

Standard Bank targets informal retail economy with $4m Nomanini investment
Standard Bank targets informal retail economy with $4m Nomanini investment

Standard Bank has gained a stake in Nomanini following an investment of $4m. The bank will be able to use Nomanini's fintech platform to uncover data on the informal retail economy...

28 Aug 2019



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