Introduction
We live in a world where the mobile phone has become our lifeline, but what does that
mean for your business? Mobile e-commerce is an exciting new channel for consumers
to shop and buy goods online. As more people adopt smartphones, the market for mobile
commerce is growing fast. In fact, it’s estimated that by 2020 there will be over 2 billion
smartphone users worldwide with Africa accounting for about 15%.
How to grow and sustain your Mobile E-Commerce business in Africa
Mobile e-commerce is a growing industry in Africa, and it’s estimated that by 2023 there
will be more than 1 billion mobile users across the continent. With this rapid growth
comes an increased need for companies to develop their mobile presence or risk losing
business to their competitors.
The importance of mobile e-commerce in Africa cannot be overstated—the growth of this
market has been exponential since 2010 with annual sales totaling $1.5 billion across
Africa’s four largest economies: South Africa ($834 million), Nigeria ($353 million), Kenya
($254 million) and Algeria/Morocco ($254 million).
Tap into the mobile e-commerce market in 2023.
Mobile e-commerce is the future of business. It’s a global phenomenon that has taken off
worldwide, and Africa is one of the most lucrative markets for mobile e-commerce.
While this may seem like an overly optimistic prediction, it's true: mobile e-commerce is
growing in Africa at an incredible pace. In fact, according to Statista research cited by
Business Insider (the second largest online retailer), “There were over 2 billion active users
accessing [mobile shopping] apps in 2018 alone… And there are now more than 1 billion
users across all platforms." That number will continue to rise as people realize how much
easier it can be to buy products from your phone than from a store or website—a huge
benefit for small businesses looking to reach customers across their networks.
XNECT-HUB Global Services aims to help African businesses and startups better reach
the mobile e-commerce market in 2023. To achieve this, we plan to onboard 2000
businesses in Nigeria, Ghana, Kenya, Rwanda, and South Africa to the Beta Platform of
our B2B Supply Chain Visibility within the First Quarter of the year. Our focus is on food
& beverage, fashion and accessories, pharmaceuticals—and related services like drop
shipping, retail branding or advertising.
Step 1: Place an order for your business needs or Showcase your offerings on our B2B
Beta Platform by filling out any of the short forms below:
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