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Navigating E-commerce in Nigeria.
Hello Venturer,
Forget bustling marketplaces, e-commerce has revolutionized business, connecting companies to customers across the globe. Nigeria's e-commerce scene, once nascent, is now booming. Valued at $7.63 billion in 2023, this market is projected to balloon to $13.34 billion by 2028, a staggering 11.82% annual growth rate. The rise of e-commerce has not only transformed business operations, it has also reshaped consumer behaviour.
According to Aderonke Ajose-Adeyemi, Founder and CEO, Losode. “Africa’s e-commerce is still operating at the surface level. We have not yet cracked e-commerce on the continent. There are so many problems that still need to be solved.” Read more
Despite immense potential and rapid growth, Nigeria's e-commerce industry faces various logistical, technological, and consumer-related challenges that hinder its seamless development and widespread adoption. Join us on Friday, December 15th, at Ventures Africa's Twitter Space to discuss “Navigating E-commerce in Nigeria”.
Our Speaker
Aderonke Ajose-Adeyemi is an experienced tech professional with an Electrical and Electronics Engineering background from Queen Mary University, London. As the Founder and CEO of Losode, she's transformed the platform from a UK-based fashion hub into a dynamic e-commerce solution for African vendors. Aderonke's two-decade career spans major financial services companies globally, reflecting her passion for technology and entrepreneurship. Her current focus is building a robust logistics infrastructure to redefine e-commerce in Africa.
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The New Wave of Nigeria’s Soft Power
Soft power - To attract, persuade, influence, and shape preferences through culture. Nigeria has effectively done this through entertainment. Our music, films, and content transcend borders, commanding global attention. As master storytellers, we are leveraging new technologies to amplify our cultural influence. Read our latest magazine issue to learn more.