The internet is already changing the way business is done in Africa. E-commerce and e-business platforms are born everyday in the continent, attracting eye balls from the biggest companies of the industry. A research from the McKinsey’s Global Institute estimated that our consumer spending will be greater than $1.4 trillion by 2020 and online sales are expected to be around the $75 billions by 2025.
In the middle of so many investment opportunities, this time it is eBay who is expanding its operations in our continent through a partnership with MallforAfrica.
MallforAfrica is an african e-commerce startup which plans to revolutionize the retailing sector all over the continent.
Through a partnership between eBay and MallforAfrica, buyers from Kenya and Nigeria will be able to purchase inventory from all eBay U.S individual and business sellers, said Fernando Saiz, eBay Business Development Director.
According to its CEO Chris Folayan, the sales provenient from this partnership will begin in Nigeria, then Kenya and Ghana, all within this year.
This partnership creates the missing bridge between african consumers and international companies. Therefore we will have greater purchasing options and a great variety of products accessible within only some clicks.
What do you think will be the greatest benefits of this partnership?
Share with me in the comments section below!