Rocket Internet-Backed Jumia Raises $150M For Its African E-Commerce Business

Rocket Internet-Backed Jumia Raises $150M For Its African E-Commerce Business

Rocket Internet-backed Jumia is in the money today, after the Africa-based e-commerce company announced it has raised €120 million ($150 million) in new funding. The company confirmed that the round values it at €445 million ($555 million). Jumia sells a range of products, from clothes, to electronics, Continue reading Rocket Internet-Backed Jumia Raises $150M For Its African E-Commerce Business

New Online Store Entering the Mozambique Online Market

New Online Store Entering the Mozambique Online Market

An online shopping service, Compra.co.mz, was launched in Maputo last week. The service boasts over 12,000 original technology products and has already attracted attention by launching an affordable range of 3D-Printers and a “wearables” section for sports enthusiasts. The site is Continue reading New Online Store Entering the Mozambique Online Market

MasterCard and Visa Ditch Despised 3D Secure System

MasterCard and Visa Ditch Despised 3D Secure System

3D secure is to become a thing of the past thanks to MasterCard and Visa security updates 3D Secure has never been an overly popular security measure for many shoppers. Appearing as a way to verify a card purchase online, Continue reading MasterCard and Visa Ditch Despised 3D Secure System

Moving from Electronic-commerce to “Everywhere-commerce”

Moving from Electronic-commerce to “Everywhere-commerce”

If we think back 10 to 15 years ago, we could not have imagined shopping online or the increasing importance of online retail in today’s society. Now, we can shop for almost anything from our personal computers, smartphones and tablets; Continue reading Moving from Electronic-commerce to “Everywhere-commerce”

The Transaction of the Future – How will we carry out transactions in just a few years time?

The Transaction of the Future

Ignore the EPCOT-sounding title and think, for a moment, about how transactions in the future are actually going to play out. Will cash really disappear? How about cards, are they a thing of the past? Is mobile genuinely the future Continue reading The Transaction of the Future – How will we carry out transactions in just a few years time?

How to Shop Online in Mozambique?

E-Commerce and online transactions are booming in Mozambique due to an increase in mature online users, faster and more affordable internet and a slow but steady sophistication of a nascent developer community. LAM recently stated that online ticket sales are Continue reading How to Shop Online in Mozambique?

Opening the eCommerce gateway into Africa

Opening the eCommerce gateway into Africa

The eCommerce Africa Confex is proving to be Africa’s most influential eCommerce gathering as we bring you face to face with the key individuals in the industry. The conference agenda will cover all things eCommerce, from how to expand your Continue reading Opening the eCommerce gateway into Africa

Why These Ecommerce Front-Runners Are Building Brick and Mortar Stores

These-ecommerce-front-runners

Ecommerce, with all its convenience, was supposed to be the death of traditional retail. That’s why hearing ecommerce leaders get excited over opening brick and mortar storefronts feels a bit like having your tech-obsessed friend talk up VHS. Designer-gown rental Continue reading Why These Ecommerce Front-Runners Are Building Brick and Mortar Stores