openPR Logo
Press release

Africa Set to Reinvent Retail in the Age of Digital Transformation in October Online Summit

09-27-2021 02:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Magenta Global Pte Ltd

Emerging Africa E-Commerce & Last Mile Logistics Virtual Summit 2021

Emerging Africa E-Commerce & Last Mile Logistics Virtual Summit 2021

The last 18 months marked the most dynamic period for the world including Africa with the outbreak of COVID 19 pandemic.

E-commerce in Africa has experienced exceptional growth with the number of online shoppers having increased by 18% annually since 2014, compared to the global average of 12% (UNCTAD 2018). Statista predicts that between 2020 and 2025, African e-commerce will increase at a compound annual growth rate of 15.5%. If growth is to continue at the same rate through 2030, the total market size in Africa will reach $84 billion (Statista 2020).

As home to the world’s youngest population and the fastest growing mobile telecommunications market, Africa has rapidly embraced mobile technologies and the digital economy. Nigeria, Ghana, South Africa, Egypt, Kenya, Rwanda and Morocco have seen competitive growth in e-commerce, and many e-commerce start-ups have made significant inroads and begun to establish their foothold in selected markets.

Magenta Global will be hosting the inaugural Emerging Africa E-Commerce & Last Mile Logistics Virtual Summit 2021 on October 26-27. The online conference will bring together the top minds in e-commerce, and present best practices for sellers, merchants, retailers and marketplaces as they pivot to build market share, generate revenue, and optimize profitability across the rapidly-developing African continent.

The Virtual Summit will deep dive into the "E-Commerce Market Readiness in Africa – Navigating the Evolving Landscape, Growth Opportunities and Challenges"; "Realities of the African Retail Ecosystem – The ‘New Next’ for Retail"; "Best Practices in Building a Sustainable E-Commerce Business in Africa"; "Innovations in Cross-Border Digital Payments Platforms – Building Trust and Keeping Customers Safe"; "Emerging Mobile Apps Trends"; "Overcoming Challenges in E-Commerce Logistics and Innovations in Last Mile Fulfilment"; "Accelerating MSME e-commerce", and much more.

Thought leaders and industry professionals sharing their insights include Georges V Houngbonon, Digital Economist, International Finance Corporation; Paul Asinor, Executive Director, eCommerce Association of Ghana; Scott D Williams, Vice President Asia & Africa, TOJOY Shared Capital Holdings (China); Akinwunmi Ogunnusi, Vice President Fulfillment, Omnibiz Africa (Nigeria); Ruhi Sittarwala, Founder & CEO, Emmerce Ltd (Kenya); Mahesh Narayan, Global Product Lead – Mobile Money & E-Commerce, Standard Chartered Bank; Pierre-Guy Cadet, Senior Partnerships Lead, what3words (UK); among others.

Maggie Tan, CEO of the conference-organizing company, Magenta Global (Singapore), said: “The African retail landscape is rapidly evolving. The acceleration in e-commerce has given opportunities to many retailers, start-ups, and fintechs – both big and small. Of critical importance is getting the fundamentals right. We are very thrilled to host this summit. Attendance is free for all Retailers, Merchants and Brands.”

Industry Partners of the Virtual Summit include the e-Commerce Association of Ghana (e-CAG), the Kenya Private Sector Alliance (KEPSA), Payments Association of Zambia (PAYZ), and e-commerce logistics community Parcel Monitor.

Enquiries on the Virtual Summit and how to register can be addressed to organizers at jose@magenta-global.com.sg.

Magenta Global Pte Ltd
Block 53 Sims Place, #01-150, Singapore 380053
Jose Carpio
+65 68462366
jose@magenta-global.com.sg

Magenta Global Pte Ltd is a premier independent business media company that provides pragmatic and relevant information to government & business executives and professionals worldwide. The organization provides the opportunity to share thought-provoking insights, exchange ideas on the latest industry trends and technological developments with thought leaders and business peers. With a strong focus in emerging economies especially in Africa, Middle East & Central Asia, Magenta Global works in partnership with both the public and private sectors. www.magenta-global.com.sg.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Africa Set to Reinvent Retail in the Age of Digital Transformation in October Online Summit here

News-ID: 2407674 • Views:

More Releases from Magenta Global Pte Ltd

Enterprise iLembe, KZN Department of Agriculture & Rural Development & KZN Durban Convention Bureau to Co-Host 5th Urban Agri World Summit in Durban
Enterprise iLembe, KZN Department of Agriculture & Rural Development & KZN Durba …
More than 20 industry experts will be taking the stage to drive agricultural transformation in accelerating the transition to climate-smart food systems and smart farming projects to help boost food security at the 5th Urban Agri World Summit (UAW 2024). Ms Hlengiwe Hakata, Enterprise ILembe Acting Chief Executive Officer said: "Enterprise iLembe is pleased to announce its role as host for the 5th Urban Agri World Summit dedicated to empowering farmers
Urban Agri World Summit to be Hosted in Durban, South Africa
Urban Agri World Summit to be Hosted in Durban, South Africa
The Urban Agri World Summit (UAW) returns to South Africa on September 18 to 20 at The Capital Zimbali Resort in Durban. Picking-up from last year's successful event and recognising the critical impact of urbanisation and climate change on food security, this 5th Edition of the international agriculture conference will bring together growers, producers, investors, academics, policy makers, technology and system integrators, and Controlled Environmental Agriculture (CEA) business owners to
Shopping has Changed Forever – Who will be Tomorrow’s Winners?
Shopping has Changed Forever – Who will be Tomorrow’s Winners?
Magenta Global will be hosting the 3rd Emerging Asia E-Commerce & Last Mile Logistics Virtual Summit on July 27-28. Since 2020, the world has seen a boom in e-commerce, increasing customer engagements and a surge in innovations in the e-commerce space. Multi-channel distribution and marketplaces are the new retailing models. It is forecasted that 50% of the world will shop online in 2021. This Summit, bringing together the
Urgent Investment in Transport Infrastructure Needed to Spur Africa Growth
Urgent Investment in Transport Infrastructure Needed to Spur Africa Growth
Regional and international stakeholders for East and Central Africa's transport infrastructure sector will be gathering once again at the 10th East & Central Africa Roads & Rail Infrastructure Summit 2020 to be held on 4-5 August in Dar es Salaam, Tanzania. This Summit is particularly timely and relevant as it will tackle the COVID-19 impact on economic development in Africa and investments in the transport sector given that China

All 5 Releases


More Releases for Africa

Buildexpo Africa – Largest building and construction exhibition returns to Eas …
Buildexpo Africa is the only show with the widest range of the latest technology in building material, mining machines, construction machinery and heavy equipment. At the latest edition of Buildexpo, East Africa's largest building and construction fair, we bring you exhibitors from over 40 countries who are the finest in infrastructure development. Find what suits you best from about 14.3 million business prospects during the three-day event, with over 10,000 products,
South Africa Agriculture Market, South Africa Agriculture Industry, South Africa …
The South Africa has a market-oriented agricultural economy, which is much diversified and includes the production of all the key grains (except rice), deciduous, oilseeds, and subtropical fruits, sugar, wine, citrus, and most vegetables. Livestock production includes sheep, cattle, dairy, and a well-developed poultry & egg industry. Value-added activities in the agriculture sector include processing & preserving of fruit and vegetables, crushing of oilseeds, chocolate, slaughtering, processing & preserving of
Smart Africa Launches Africa Wide Coordinated Response to the Coronavirus Pandem …
Smart Africa, a bold and innovative commitment from African Heads of State and Government to accelerate sustainable socioeconomic development , has launched a continent-wide technology based coordinated impact response to the coronavirus (COVID-19) pandemic for Africa. Kigali,Rwanda., April 22, 2020 - Smart Africa has launched a continent-wide technology based coordinated impact response to the coronavirus (COVID-19) pandemic for Africa. This response is aimed at bringing together the 30 member states under
Wellness Tourism Market 2019 Future Growth with Worldwide Players: Africawellnes …
Wellness Tourism Market 2019 Industry Research Report provides a detailed Global Wellness Tourism Industry overview along with the analysis of industry’s favorable growth opportunities, the advent of flexible packaging is likely to dampen the market’s growth to an extent. Nevertheless, the increasing number of manufacturers, high demand for management applications, growth of residential & commercial sector and superior strength & corrosion resistance property. Get Sample Copy of this Report -https://www.orianresearch.com/request-sample/904685 Market Overview:
Vizocom Selects iSAT Africa as Its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, March 02, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and
Vizocom Selects iSAT Africa as its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, February 29, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and