As 2018 sets and 2019 arises, you need translators of visions into actions. For years, my Practice has worked with leading local and global firms to CREATE a future which becomes predictable.
How do you connect dots in areas which appear uncorrelated? Yes, what is the risk of that local ecommerce startup to that real estate (mall) project? With uncommon insight, the architect will redesign for a multi-purpose real estate.
Former President of Nigeria, Alhaji Shehu Shagari, has died, Premium Times reports.
A former Nigerian President, Shehu Shagari, is dead.
Mr Shagari, 93, died Friday evening at the National Hospital Abuja after a brief illness.
The death of the elder statesman was announced by his grandson, Bello Shagari, via his Twitter handle.
Mr Shagari was elected president in 1979 and led Nigeria between 1979 and 1983 on the platform of the defunct National Party of Nigeria (NPN).
He was removed from office via a military coup in December 1983
About 21 million people shopped online in Africa, in 2017, according to a new report (PDF) from United Nations Conference on Trade and Development (UNCTAD). In a continent of 1.2 billion people, that is certainly small. Nigeria, Kenya and South Africa make up 50% of the market.
The digital economy, including electronic commerce (e-commerce), is growing quickly in Africa,
creating new opportunities for entrepreneurs and businesses to expand their market access and join
value chains. Jobs are being created and new business models are emerging. At the same time, the
evolving landscape is creating new risks and challenges. The gains from e-commerce are not
automatic, and the increased use of digital technologies can result in new divides and wider income
inequalities.It is estimated that there were in 2017 at least 21 million online shoppers in Africa. While this is less
than two percent of the world total, the numbers are rising faster than in other world regions. The
extent to which people and businesses in Africa participate in e-commerce varies considerably, within
and between countries. Three countries – Nigeria, South Africa and Kenya – account for almost half of
them. UNCTAD estimates that the B2C e-commerce market in Africa was worth about $5.7 billion in
2017, which corresponds to less than 0.5% of GDP, far below the world average of over 4%.Digital entrepreneurship is growing in Africa, but at different speed in different countries. While
comprehensive data are lacking on the extent to which African businesses are selling online, anecdotal
evidence of more e-commerce activity in the enterprises sector is starting to emerge. More and more
micro, small and medium sized enterprises (MSMEs) recognize the importance of digitalization to
participate in domestic and international value chains
Yet, even with this below-par performance, Africa is the highest growing ecommerce market globally accounting for 18% surge since 2014, compared to the world average of 12%, Guardian summarizes.
“According to the 2018 version of UNCTAD’s B2C E-commerce Index, the African region lags the rest of the world in terms of e-commerce readiness. Mauritius, ranking 55th globally, is the highest ranked African country, while nine of the ten least prepared countries are in Africa,” the report noted.
Largely, looking at the report, the strategy is thus: continue to invest in offline commerce [it will pay today’s bills] even as you deepen capabilities for online which remains severely small but growing. Simply – have a hybrid commerce strategy to hedge the transition.
We received this for Zenvus, our agtech business. If you have interest, it is a good one. Skoll Foundation has been funding changemakers for years with 100% paid Oxford MBA. Yes, the Skoll Centre for Social Entrepreneurship is searching for its next cohort of Skoll Scholars to study on the Oxford MBA in 2019-20.
If you’re doing exceptional work with positive outcomes and want to accelerate your impact, then check out the Skoll Scholarship for the Oxford MBA!
The Skoll Scholarship is a fully-funded scholarship for incoming Oxford MBA students at the University of Oxford’s Saïd Business School. It gives social entrepreneurs exclusive opportunities to meet with world-renowned experts and thought-leaders, as well as the chance to learn valuable business skills with a social entrepreneurship focus.
The Skoll Centre for Social Entrepreneurship is searching for its next cohort of Skoll Scholars to study on the Oxford MBA in 2019-20. But the application deadline is fast approaching!
If you would like to be eligible for the Skoll Scholarship and to start your MBA degree in September 2019 – then you must apply by the stage three deadline on Friday, 11 January 2019.
For more information on the application process for the Skoll Scholarship, check out how to apply.
We still have an election campaign where spreading money is the message to the citizens. I continue to read this comment put by a LinkedIn user and cannot figure out how the breed of politicians spreading that money will fix the paralysis.
…However, a grave situation indeed entering in 2019 election year. Optimism about alternative revenue source like Taxes and import duties will soon fizzle out once recession ignites, shrinking business expectation sentiments, depleting effective demand and leaving the CBN to curb the ensuing exchange rate and inflation complexities by reducing access to foreign exchange and expanding the list of items banned from import.