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Can Add $14.57bn To Africa’s E-Commerce’
Africa’s e-commerce market could grow by more than $14.5billion between 2025 and 2030 by increasing the number of women selling online, according to a report by the International Monetary Finance (IFC).
The report finds this can also be achieved by providing women-owned businesses with better training and financial support to help them match sales made by men.
The report, ‘Women and e-commerce in Africa’, found that Covid-19 has accelerated the growth of e-commerce and digital entrepreneurship in Africa and that more women have embraced digital business.
However, it also noted that more can be done to promote women’s entrepreneurship and help women overcome e-commerce challenges.
Women could also strengthen their businesses by taking advantage of emerging fin-tech offerings, such as in-platform loans, which women currently access at much lower rates than men.
The report leveraged data from leading e-commerce firm, Jumia, as well as from surveys of vendors in Côte d’Ivoire, Kenya and Nigeria.
The IFC’s Vice President for Middle East and Africa, Sérgio Pimenta, “E-commerce in Africa is thriving, yet we are already seeing a widening gender gap in the sector. IFC’s report not only highlights the gap, but also shows how it might be addressed so that women entrepreneurs can succeed in this important and rapidly growing marketplace”.
The Cairwoman, Jumia Nigeria and Group Head of Institutional Affairs, Juliet Anammah, said, “It is absolutely essential for women to be factored in, given the future of e-commerce. Africa is just at the start of its e-commerce growth trajectory.”
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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