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Africa has one of the most digitally connected populations on the planet, with 400 million internet users. Sacha Poignonnec, cofounder and co-CEO of Jumia, Africa’s largest internet group, discusses why the e-commerce opportunity in Africa is so great for companies large and small in this interview with McKinsey’s Georges Desvaux. An edited transcript of his remarks follows. Africa’s big appetite for e-commerce From the outside, you look at Africa, you read the news, and you think it’s going to be very difficult—everything is going to be very difficult. We started the business in Lagos, and on the first day we had consumers buying mobile phones. IRead More →

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The COVID-19 pandemic has brought to the fore what most people in emerging economies particularly in some countries in sub-Africa have never really given a thought to – working from home. For a majority of Africans in the sub-Sahara, special dispensation is usually afforded to employees who work remotely on an exceptional basis. i.e. illness or circumstances that are extremely grave. There is no doubt that the ability to work from home has been mainly due to the widespread availability of constant electricity and the availability of consistent Internet service. Most employers and employees are however unable to access the tools to work remotely asRead More →