Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Online toolto helpsmall businesses launched

Published by The Nation on Wed, 13 May 2020


By Daniel EssietInternational Trade Centre (ITC) and the Amsterdam University of Applied Sciences have launched the first free online tool to provide analyses of more than 630 of Africas business-to-consumer marketplaces.The Africa Marketplace Explorer addresses the lack of comprehensive information about marketplaces in more than 50 countries in Africa.This comprehensive set of data provides an important contribution for understanding how the development of e-commerce can be supported in Africa, ITCs Acting Executive Director Dorothy Tembo said during the launch of the tool at the United Nations Conference for Trade and Developments eWeek.Data and analysis on local marketplaces is hard to come by or highly incomplete, Ms. Tembo said. For entrepreneurs in Africa it is not obvious how to find information on how to sell goods online in a regional or neighbouring country, which marketplaces exist, whether they allow foreign firms and what the access requirements are, she added.Digital opportunitiesThe worlds biggest marketplaces do not have a strong presence in Africa, which means there is more opportunity for local marketplaces. ITC wanted to take advantage of this and find ways in which online marketplaces could support African businesses.Online marketplaces play a substantial role in including small and medium-sized enterprises in trade because they aggregate demand, provide safe payment solutions and facilitate logistics services. They also offer routes to market for women business owners and young entrepreneurs in Africa.For instance, Samia Ben Abdallah has been running AwA, a growing handicrafts business in Tunisia for two years. With the COVID-19 crisis, demand has fallen. But Samia has spotted the chance to go digital.To Samias surprise, she found a growing demand for handicraft gifts as the pandemic has hit. She has been using social media to test the potential of e-commerce and using cash-on-delivery as a payment method.Like Samia, small business may find that going digital is key to survivingor at least weathering the pandemic and reaching new markets. But many businesses have struggled to succeed with this due to a lack of training, finance, tools and infrastructure. Marketplaces can offer a relatively risk-free way for small businesses to test e-commerce and expand internationally.The Africa Marketplace Explorer provides data to the research community and substance to policy debates on e-commerce both at the World Trade Organisation and at the level of the African Continental Free Trade Areaas well as to entrepreneurs, Ms. Tembo said.
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs