2022: Africa's e-commerce market reaches $40B, up 38% from 2021, requiring infrastructure investments for further growth.
6 years after the AfCFTA's inception, Africa's e-commerce market is growing rapidly, reaching $40B in 2022 from $29B in 2021, a 38% increase. However, to fully realize the potential of e-commerce in creating a seamless continental market, significant investments in infrastructure are needed. This includes improvements in transportation, logistics, and digital connectivity.
April 09, 2024
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