Retail

Total 13 Posts

Egyptian startup, MaxAB, has secured $40 million Series A investment

Egypt’s MaxAB is set to expand its physical footprint across the MENA region as a result of securing $40 million in Series A VC funding. The company also plans on scaling recently launched business verticals including new supply chains and embedded finance solutions.

Research reveals the top drivers of e-commerce in Africa

The world has become more digital as people have been bound home more due to the various lockdowns across the continent. This has translated into significant growth of e-commerce across Africa.

Potential of digital payments across Africa

According to the Visa COVID-19 CEMEA Impact Tracker, contactless payments and eCommerce shopping grew exponentially, with merchants and consumers showing a sustained preference for digital payments.

Please DM for price

"DM for price" is tantamount to having a supermarket with goods that are well labeled, but with no prices. You pick something, then go to the cashier to confirm the price. That is ridiculous.

Kenya is becoming the graveyard of retail businesses

Kenya is quickly becoming a deathbed for giant retailers. In a space of approximately six years, several retailers that had a national presence have met their grave.

Trends that will likely shape Nigeria’s retail sector in 2021

According to Nigeria's TradeDepot, the impact of the pandemic, rising inflation, border closures, and other issues drove significant changes in behavior for retailers, distributors, and manufacturers in 2020.

Africa's sachet economy

It appears that sachets dominate the retail industry in many parts of Africa. One of the reasons they have become popular is that they are less costly, mainly for the manufacturer, and not the consumer.