Adialea, the joint venture between CFAO and Carrefour, has announced the signature of memorandum of understanding with Jumia, Africa’s leading name in e‑commerce, to sell Carrefour products through the company’s online shopping platform. The multi-channel initiative is part of the strategy developed by CFAO Retail and Carrefour to give all consumers access to quality products […]
Read MoreThe first edition of the InterswitchSPAK National Science Quiz Competition, an initiative of Interswitch Group, a leading Pan-African electronic payment and digital commerce company, is set to debut on television stations across Africa on October 27th, 2018. The Quiz competition, which is part of the InterswitchSPAK, Switch-a-Future project, will be premiered on DSTV’s Africa Magic […]
Read MoreJack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in one year to concentrate on philanthropy and education, passing on the reins to trusted lieutenant Daniel Zhang. Ma, who turned 54 on Monday, has long flagged plans to step back, insisting that Alibaba management should […]
Read MoreAlibaba Group Holding Ltd’s (BABA.N) billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being. Ma will announce the plan on his 54th birthday and the handover strategy will stretch over […]
Read MoreThe United Bank for Africa (UBA) Plc has disclosed that it had issued over three million Near Field Communication (NFC) technology enabled contactless cards to its teeming customers. The bank disclosed this in a statement yesterday, saying its introduction of the contactless payment cards which enable customers pay with ease by leveraging the NFC technology […]
Read MoreJumia Nigeria 2017 Black Friday Festival has secured an order of 320,000 in less than three weeks of its commencement and attracted more than 14 million visits. At an assessment sales meeting with select journalist in Lagos, South west Nigeria, info-graphic presentation by the Juliet Anammah, CEO of Jumia Nigeria showed that more than 60,000 […]
Read MoreA new study from Juniper Research has found that global consumer spend on digital content will reach $202bn in 2018, up by 10% on this year’s total of $184bn. The research found that SVoD (Subscription Video on Demand) services will be a key driver of growth, with major OTT (Over The Top) players such as […]
Read MoreUGANDAN start-up Qwicart is bidding to change the way people shop for groceries with a mobile app that allows people to shop from a variety of supermarkets using their phones. Launched in the middle of last year, the Qwicart team has serious pedigree. Moses Byaruhanga is the former chief executive officer (CEO) of Cheki Uganda, […]
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