On the global stage, Africa is positioning itself as an attractive continent for investment. Recent years have shown that Africa can count on a rapidly growing network of startups. Although funding levels are not yet on par with other regions of the world, the continent's potential is real, boosted by...
Ivory Coast: the government regulates the sector by imposing VAT
E-commerce in Côte d'Ivoire is booming, offering opportunities for jobs and rising incomes, despite ongoing challenges. As the Ivorian government seeks to generate more revenue, the authorities want to tap into the sector. The digital and new technology sector in Côte d'Ivoire is growing rapidly, promoting the rise of e-commerce....
E-commerce startup ANKA (Afrikrea) announces new round of funding
Despite difficult years for the development of the e-commerce market in French-speaking Africa, some players are standing out. This is the case for Afrikrea, a startup dedicated to African fashion that was renamed ANKA in 2020. After successive fundraising rounds of €1 million in 2020 and then $6.2 million in...
The Al Mada Group is set to acquire a majority stake in the Senegalese group PATISEN.
Teralys, a subsidiary of the Al Mada investment fund owned by the Moroccan royal family, has just signed a memorandum of understanding to acquire a majority stake in the Senegalese agri-food group Patisen. Founded in 1981 and led by its founder, Youssef Omaïs, Patisen is a leading company in Senegal...
Two Cameroonian entrepreneurs join forces to publish a book on 10 years of e-commerce in Africa
"Africa has been wrong about e-commerce for more than 10 years" is the title of the book published by Éditions Universitaires Européennes (EUE) by Simon Mbelek and Pierre-Lionel Ebe, two public relations and marketing specialists who have been involved in the world of commercial and financial transactions on the internet...
Ambition Africa 2023 is preparing for its fifth edition, to be held on October 17 and 18, 2023.
On October 17 and 18, 2023, Business France is organizing the Ambition Africa 2023 event, which will take place at the Ministry of Economy, Finance, and Industrial and Digital Sovereignty, in the presence of ministers, ambassadors, high-level speakers, and business delegations from across the African continent. Discover the program for...
Only a few days left to apply to Bearing Point's International Development Observatory
BearingPoint honors French companies that forge the best relationships with local ecosystems in Africa. For 14 years, BearingPoint and its partners have been interviewing business leaders about the challenges of international development. This year, to mark the 14th anniversary of the International Development Observatory, BearingPoint and its partners HEC, La...
Mobile internet access is half the price in Senegal and Cameroon compared to Côte d'Ivoire
Cable.co has just published data on the cost of mobile internet access around the world. Focusing on sub-Saharan Africa, it shows that there are significant disparities between countries: from Ghana, which has the lowest cost per gigabyte, to Togo, the difference ranges from 1 to 20. Five countries have costs...
WhatsApp is upgrading its platform for e-commerce
Numerous analyses and reports agree that e-commerce could become a real growth driver for the African continent. However, obstacles remain. Online commerce in Africa is currently subject to constraints that prevent its development and the exploitation of its potential. These include a lack of infrastructure and the development of the...
RFI–France 24 Africa App Challenge – 7th edition
Open to all Africans and start-ups on the continent, the 7th edition of the RFI - France 24 Africa App Challenge rewards digital innovations (websites, apps, etc.) that improve agricultural practices in the service of sustainable agriculture. The jury members selected three finalists from more than 800 entries received this...