Nigerian online retailer Jumia held the first e-commerce conference in Lagos, on Friday, with technology leaders and decision makers present, to discuss the opportunities that e-commerce embraces for the Nigerian retail market.
Special guest at the event was the Minister for Communications Technology of the Federal Ministry, Mrs. Omobola Johnson who delivered the keynote address on “eCommerce and ICT in Nigeria: an Engine for Job Creation and Economic Growth”.
Other speakers at the event were DHL Nigeria MD Randy Buday, Pagatech CEO Tayo Oviosu, Interswitch Chief payment& Value added Services Officer, Titilola Shogaolu, and Ekundare Olubunmi,Country Manager, Intel West Africa.
Nigeria, one of the upcoming emerging markets in recent years continues to grow and attract foreign investors for the retail market. According to a study from the renowned institute euromonitor, Nigeria’s GDP based on purchasing power increased by 21,67% in the last 4 years. In same period, Internet users grew by 46 percent in the country.
Founded in 2012, JUMIA has grown to be the 4th most visited Nigerian website with over 500 employees. Last month, JUMIA launched the largest e-commerce campus in West Africa spanning over 10,000 square meters in Lagos, Nigeria.
JUMIA is active in five countries, including Nigeria, Morocco, Egypt, Kenya and last month launched in Ivory Coast.
Source: ventures-africa.com