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Will Amazon’s Africa debut address the continent’s house numbering problem?

Will Amazon’s Africa debut address the continent’s house numbering problem?

AMAZON, the global e-commerce titan, has launched its operations in South Africa, marking a significant step in its strategic push into the African market. This move signals Amazon's intent to tap into the continent's growing online retail sector, where the potential for digital sales is largely untapped but rapidly expanding due to a surge in internet penetration and mobile phone use. "Building a strong relationship with South African brands and businesses is incredibly important to us. We want Amazon.co.za to be the place where they can reach millions of customers," said Robert Koen, managing director of Amazon Africa. Amazon looks…
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Amazon launches online shopping service in South Africa

Amazon launches online shopping service in South Africa

AMAZON  (AMZN.O) launched its online shopping service in South Africa, challenging a number of online retailers dominated by Naspers' (NPNJn.J) Takealot.com. Africa's most advanced economy is usually seen as a good entry point for companies to expand into the continent and Amazon could be doing the same, analysts have said in the past. The launch of its service comes at a time when South Africa has seen a sharp rise in online shopping after the pandemic created an opportunity for e-commerce to finally take hold, with retailers doubling down on investments in response. Amazon.co.za will offer same-day delivery and next-day delivery with more…
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Nigerian startup buys US tech co as credit cards go digital, in Africa

Nigerian startup buys US tech co as credit cards go digital, in Africa

CONRAD ONYANGO, BIRD AFRICA STORY AGENCY AFRICA has begun making its own virtual credit cards as fintechs push to end legacy challenges experienced in physical, traditional bank-aligned cards. As startups across the continent move to bring millions of unbanked into the financial sector using digital payment cards, they are also looking to tap into new demand for payment services created by growth in e-commerce and streaming services. Virtual cards offer shortened issuance times and lower costs when compared with traditional cards, and are speedy, cheap and convenient even for those residing in rural areas. Pan-African digital payments company MFS Africa…
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