Can covid growth in e-commerce be sustained?
The African digital economy is expected to continue its exponential growth trend, according to the Oxford Business group. The pandemic led to widespread growth in e-commerce in sub-Saharan Africa. This growth offering has changed consumer habits.
The coronavirus pandemic triggered an e-commerce boom in sub-Saharan Africa, alongside the rest of the world.
With a global recovery under way, questions have been raised on how this growth can be sustained.
E-commerce companies and platforms enjoyed a rise in activity and profits, while retailers that had not previously developed their online presence found themselves obliged to do so in order to survive.
A stranded ship finally freed after nearly a week of blockade. Christened as ‘’Ever Given,’’ the blockage on the Suez Canal in Egypt kept companies on their toes. With daily costs piling up, some had to reroute ships. Meaning several more days of travel time, fuel and other costs for the over 360 vessels aboard the ship. An estimated 9.6 billion dollars’ worth of goods are held up. Egypt alone lost between 12 to 15 million dollars a day. About 12 percent of global trade transit through the Suez Canal.
It has been an unexpected collateral impact of the Suez Canal blockade. With the Ever Given container ship coming to a stop, close to 400 carrier vessels, including supertankers, had to halt their journey, resulting in oil prices going on a roller coaster ride.
The five members of the collective “Black lives matter in Italian Fashion”, during a fashion show ahead of Milan Fashion Week, Milan, Italy, 17 February 2021, MIGUEL MEDINA/AFP via Getty Images February 2021 in Africa: A free expression roundup produced by IFEX’s regional editor Reyhana Masters, based on IFEX member reports and news from the region. An audio discussion relating to this piece is available here.
February – a month dedicated to romance and declarations of love in many cultures – was peppered with more setbacks than triumphs. While continental creative advocacy went global and Angola repealed the criminalisation of homosexuality, homophobia rose up the ranks in Ghana, intimate partner violence took centre stage, Nigerian journalists were kidnapped for ransom and a British journalist was expelled from Mozambique.
Le Ghana confronté à une vague d homophobie inédite lemonde.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lemonde.fr Daily Mail and Mail on Sunday newspapers.