E-commerce Revolution in Africa

E-commerce has realized a significant growth in Africa over the past couple of years, as it
contributes 1.1% on average to the continent’s GDP, according to a recent report by Mckinsey
Global Institute. The report alsohighlightsthate-commerceisprojectedtomakeup10%intotal
retail sales in Africa’s major markets translating to $75 billion in annual revenue. The sector is
expected to have an annual growth of 40% in the next decade.More

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