Category Archives: Nigeria

How e-commerce leadership is driving innovative business in Nigeria

While it’s still under construction, there’s an unusual mall coming up in Nigeria. Reports say its aim is to combine the virtual and real shopping experience – retail outlets and shopping alongside with a bonded warehouse and ecommerce facilities. Nigeria’s retail opportunity has been garnering international attention; its economy surpassed South Africa’s last year to […]

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Mobile Money Is Driving Africa’s Cashless Future

This article was written for HBR a few months ago. Here are some key snippets: Three distinct factors are driving this transformation. First and foremost is the desire for financial inclusion. Africa’s unbanked majority needs access to affordable tools for savings, loans, and credit. The second is the need to lower the costs and risk […]

Also posted in Africa, African Consumer Market, Airtime, Banking, Cashless transactions, Design, Emerging Markets, Innovation Planning, Mobile platform, Platforms | Tagged , , , | Leave a comment

Nigeria pursuing deeper understanding of informal sector; now estimated at 57% of rebased GDP

From the BusinessDay article dated June 25th 2014 Nigeria’s informal sector accounts for as much as an estimated 57.9 percent of the nation’s rebased Gross Domestic Product (GDP), Daouda Toure, United Nations resident coordinator/representative of the United Nations Development Programme (UNDP) in Nigeria, disclosed on Tuesday. This, perhaps, makes the country the largest destination for […]

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