• Nigeria’s FoodCo joins the online supermarket rush

    Nigerian supermarket chain FoodCo has joined the Covid-19-inspired rush into sub-Saharan e-commerce. Rather than using a third-party, the chain has also launched its own delivery service, promising delivery in Ibadan and the Lagos suburb of Lekki within two hours. Founded in Ibadan, the capital of Oyo State in the southwest of the country, during the

    Categories: SagaRetail News - Retail - Nigeria

  • Jumia sees surge in demand due to Covid-19 but grapples with logistical issues

    According to pan-African internet retailer Jumia, Covid-19 has led to a surge in demand, particularly for FMCG, while also posing supply-chain challenges. It also revealed that its two co-founders and co-CEOs, Jeremy Hodara and Sacha Poignonnec, have taken a temporary 25% pay cut for the duration of the crisis. In a letter to shareholders, Jumia

    Categories: Foodservice - SagaRetail News - Retail - Supermarkets - Consumer - Sagaci Insights

  • Jumia crowds out smaller rivals in West African e-commerce

    Yaatoo and Afrimarket have both thrown in the towel, reinforcing Jumia’s dominance of this nascent market. Côte d’Ivoire-based retailer Groupe Prosuma pulled the plug on Yaatoo, its  e-commerce division. Doungnan Coulibaly, who led Yaatoo, told local media that Prosuma’s shareholders were not prepared to provide additional funding for the venture. Launched in 2016, Yaatoo has

    Categories: SagaRetail News - Retail - Cote d'Ivoire

  • Glovo and Delivery Hero fall foul of Egyptian regulators

    The efforts of delivery services Delivery Hero and Glovo to carve up African markets between them are not going down well with some local regulators. In June, Barcelona-based Glovo abruptly reversed its April decision to leave the Egyptian market, which it had entered the previous year. This had left Berlin-based market leader Delivery Hero in

    Categories: Egypt - Retail & Shopping Malls

  • Zara’s one-size-fits-all approach to African e-commerce

    On November 7th, Spanish fast-fashion retailer Zara announced that it was to commence online sales in 106 new markets, including many African ones, the next day. The African countries covered by this initiative include Angola, Côte d’Ivoire, Ghana and Senegal. All of these countries will be covered by a single global website that is available

    Categories: SagaRetail News - Retail & Shopping Malls - Ghana - Angola - Cote d'Ivoire - Senegal

  • e-commerce in Egypt

    This publication presents a detailed description of the e-commerce market in Egypt, including its most distinctive characteristics, current size and prospects for development. It supplies key insights into the landscape and players in the e-commerce sector, including rankings of largest players in the market and forecasts of growth till 2016 in each product and service

    Categories: Consumer - Egypt - Retail & Shopping Malls - Telecom

  • Egyptian e-commerce: A ~76 M USD market in 2012

    Sagaci Research has released a report on the Egyptian e-commerce sector, estimating its revenues at 76 million US dollars by the end of 2012 and with potential to grow 10 fold in the next years. The report aims at shedding new light into a sector where information is sparse. Our analysts have interviewed personally the main market

    Categories: Egypt