Exploring Africa's E-Commerce Landscape

Exploring Africa's E-Commerce Landscape

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11 questions

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1.

FLASHCARD QUESTION

Front

What is the projected value of the e-commerce market revenue in Africa for 2025?

Back

$39 billion

Answer explanation

As of 2023, the estimated value of the e-commerce market in Africa is $46 billion, reflecting significant growth in online shopping and digital transactions across the continent.

2.

FLASHCARD QUESTION

Front

Which country in Africa has the highest GDP? (In 2024)

Back

South Africa

Answer explanation

1.South Africa (373.23 bn)

2.Egypt (347.59 bn)

3.Algeria (266.78 bn)

4.Nigeria (252.74bn)

3.

FLASHCARD QUESTION

Front

What is the main payment method used in African e-commerce?

Back

Cash on delivery

Answer explanation

The main payment methods in African e-commerce include mobile money, bank transfers, cash on delivery, and credit/debit cards, which are widely used due to their accessibility and convenience for consumers.

4.

FLASHCARD QUESTION

Front

How has mobile technology influenced e-commerce in Africa?

Back

Mobile technology has enhanced e-commerce in Africa by increasing internet access, enabling mobile payments, and improving user engagement through apps and social media.

Answer explanation

Mobile technology has significantly enhanced e-commerce in Africa by increasing internet access, facilitating mobile payments, and boosting user engagement through apps and social media, making it more accessible and efficient.

5.

FLASHCARD QUESTION

Front

What challenges do e-commerce businesses face in Africa?

Back

Inadequate infrastructure, limited internet access, payment processing issues, logistical hurdles, and regulatory complexities.

Answer explanation

E-commerce businesses in Africa face significant challenges such as inadequate infrastructure, limited internet access, payment processing issues, logistical hurdles, and regulatory complexities, which hinder their growth.

6.

FLASHCARD QUESTION

Front

Which demographic is the largest online shopper group in Africa?

Back

Young adults aged 18-34

Answer explanation

Young adults aged 18-34 are the largest online shopper group in Africa due to their tech-savviness and comfort with digital platforms, making them more likely to engage in e-commerce compared to other age demographics.

7.

FLASHCARD QUESTION

Front

Select the leading African e-commerce platform.

Back

Jumia

Answer explanation

Jumia is a leading e-commerce platform in Africa, often referred to as the 'Amazon of Africa.' It has successfully expanded across multiple countries, making it a prominent example of a successful African e-commerce startup.

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