The Nation Newspaper

Category: e-Business

  • Mobile subscriptions estimation will reach 8.9bn by 2024- Ericsson

    Telecommunications network company, Ericsson, on Wednesday said there would be 8.9 billion mobile subscriptions by the end of 2024 globally.

    Ms Nora Wahby, the Head of Ericsson West Africa, made this known during an online conference with newsmen to discuss Ericsson global mobility report for the third quarter of 2018.

    Wahby noted that mobile broadband subscriptions would reach 8.4 billion, accounting for close to 95 per cent of all mobile subscriptions.

    According to her, the number of unique mobile subscribers was also estimated to reach 6.2 billion by the end of the forecast period.

    She said that mobile broadband would complement fixed broadband in some segments and would be the dominant mode of access in others.

    Wahby said that according to the forecast, the subscription for PCs and tablets with mobile capabilities were expected to show moderate growth reaching 330 million in 2024.

    She also said that smart phone penetration continues to rise , driven by the increasing affordability of devices.

    “The report forecasts that the number of smart phone subscriptions would reach 7.2 billion in 2024 and almost all would be for mobile broadband, ” Wahby said.

    She explained that the Middle East and Africa, which comprises of over 70 countries, at the end of 2018, would have more than 20 per cent mobile subscriptions for Long Term Evolution (LTE).

    “The sub-Saharan Africa will account for more than seven  per cent LTE subscriptions,” she said.

    Wahby said that the region was anticipated to evolve over the forecast period while 90 per cent of subscriptions and were expected to be for mobile broadband by 2024.

    According to her, the driving force behind the shift include a young and growing population with increasing digital skills as well as more affordable smart phones.

    Wahby said that in the Middle East and North Africa, significant 5G subscription volumes were expected in 2021 and in Sub-Saharan Africa in 2022.

    She noted that in the Middle East and Africa, the total mobile data traffic was expected to grow nine times during forecast period which was 2024, representing the highest rate globally.

    “Smartphone subscriptions are projected to double, increasing penetration from 45 per cent to 70 per cent.

    “In 2024, total monthly mobile data traffic is projected to 17 Exabyte, ” Wahby said.

  • Wepay: Nigeria’s e-commerce space untapped

    A new e-commerce platform, Wepay, at the weekend in Lagos, said Nigeria’s e-commerce potentials are yet to be fully tapped. The firm said the entire continent still has a lot of space for the money spinning trade called e-commerce.

    Its Managing Consultant, Akin Kehinde, who spoke with The Nation in Lagos, said there is a new e-commerce wave blowing across the continent which cannot be ignored, adding that as one of the leading adopters of Information Technology (IT), Nigeria cannot be pushed aside.

    He said: “The recent upturn in e-commerce enterprises across Africa is revolutionising not just the retail market but also businesses in general. The growth potential of this niche, as demonstrated by several e-commerce firms underscores the enormous opportunity untapped in this space. As one of the Africa’s leading IT market, Nigeria has seen a rapid surge in the development of e-commerce businesses. Wepay with our USP (unique selling proposition) will further drive these initiatives.

    “Wepay as a platform that offers a wide range of products including the latest mobile devices available at cash or credit term payment option driven by a robust credit check technology. We are focused on driving the best customer experience leveraging after sales and support as our expertise in the industry.”

    According to Kehinde, the Wepay platform was designed to deliver to Nigerians the same world-class services their counterparts in the developed countries of the world enjoy in the area of online shopping. “We have benchmarked our services in line with the likes of Amazon as a world class leader in the e-commerce space. We pride ourselves as a platform that offers a widest range of products including the latest of the mobile devices available at cash or credit term payment option driven by a robust credit check technology. It is our focus on driving the best customer experience that informed our leverage in the after sales end of the business Wepay offer both brand new and certified pre owned devices on the platform, this differentiates us from other existing ecommerce platform,” Kehinde said.

    Also speaking, its Chief Client Services Manager, Martina Medac, assured that the platform had done its homework to ensure that both the backend and logistics speak to each other for smooth operation.

    According to Medac, Wepay platform has created a number of various pickup locations or the option to and have these devices delivered to them at their various locations nationwide within the shortest time possible.

    “We have a robust customer care system driven majorly by the best technology ensuring timely resolutions and effective tracking of results and customer feedback. Wepay will be available nationwide. We are working on that. Wepay is an initiative of BODC Trading and investment Company Limited, our focus is empowering digitalisation in Nigeria with special focus on financial inclusion through flexible payment solutions.

    General Manager, Operations, Abayomi Fashe, said the firm’s USP is driven by its slogan: “Smarter way to Shop”. He said the platform offers the customers extended warranties of three to six months beyond the manufacturer’s warranty, screen protection insurance, opportunities for device upgrade as well as trade- in programmes and much more.

    “Extended warranties and after care services that come with the Wepay e- commerce platform to include repairs and maintenance of customers’ devices, free accessories like battery chargers, Bluetooth earpieces, hands-free cords, beautiful device casings, external speakers, pouches, table holders etc.

    “Our platform will offer the customers extended warranties of three to six months beyond the manufacturer’s warranty, screen protection insurance, opportunities for device upgrade as well as trade-in programmes

    “The recent upturn in e-commerce enterprises across Africa is revolutionising not just the retail market but also business in general. The growth potential of this niche, as demonstrated by several e-commerce firms showcases the enormous opportunity under tapped. As one of the continent’s leading IT market, Nigeria has seen a rapid surge in the development of e-commerce businesses. Wepay with our USP, will further drive these initiatives,” Fashe said.

     

     

  • 9mobile rewards CodeLagos Hackathon winners

    Innovative telecoms firm, 9mobile, has rewarded winners of the first CodeLagos Hackathon. This  is an initiative of the Lagos State government aimed at encouraging Lagos residents to innovate with tech-driven ideas and solutions that solve local problems.

    As a CodeLagos partner, 9mobile supported the initiative by awarding high-end devices to winners in the junior category, a competition designed to source best tech-driven ideas and solutions from among Lagos residents with the theme: Towards a Smarter Lagos.

    The junior category comprised students at the secondary school level between the ages of 14 and 17 years, while the other category for the competition – senior category, comprised interested members of the public and participants of the CodeLagos Out-of-School programme between the ages of 18 and 30 years.

    The winners were presented with fantastic prizes including tablets and smart phones at the CodeLagos Hackathon (Demo Day) event in Lagos.

    In the junior category, Badagry Senior Grammar School came first to emerge the category winner; Technical College, Agidingbi, Ikeja was the first runner-up while Childville Senior Secondary School emerged the second runner-up. For the senior category, Sharkbytes was the first prize winner; CodeDivas was the first runner-up while Secured Wellness Challenged (SWC) emerged the second runner-up.

    Commenting on the initiative, Ag. Director, Regulatory & Corporate Affairs, 9mobile, Oluseyi Osunsedo, said the telco was proud to partner with Lagos State Government on this initiative, and appreciative of the opportunity to empower more Nigerians by upscaling their skill-sets and providing them the leverage to be able to take up the jobs of the future which technology is enabling.

    “9mobile is passionate about enabling a prosperous future for Nigeria and the youth segment is the main anchor of that future; technology is the driver. Our commitment to promoting initiatives that empower and enable the youth to fulfil that role is dear to us. Therefore, we have supported CodeLagos project since inception two years ago, because it aligned with our vision that the future is a society where anybody, every child in every school, regardless of socio-economic status is given access to the knowledge and skills to compete in a technology-driven world”, she stated.

     

     

  • Rat race for 5G revolution

    TO promote investment in Nigeria and other parts of Africa, availability of spectrum in a timely manner is a  major task for telecoms sector regulators.

    This is so because it will enable innovation and competition, as well as ensure the fifth generation (5G) services benefit consumers, businesses and industries.

    A report jointly published by Ericsson and the Council for Scientific and Industrial Research (CSIR), titled: Making 5G a Reality for Africa, underscored the important position of timely availability of spectrum.

    The report said: “Regulators will have to determine the process they’ll follow to ensure mobile data growth and early 5G deployment is not hampered by spectrum requirements.”

    The fifth-generation technology is expected to set new standards for high-speed, wide bandwidth, low latency wireless connections. Mobile operators in South Africa are preparing for the rollout of 5G, but have for some time been saying 5G will not be possible without additional spectrum being allocated.

    Ericsson sees massive mobile growth in sub-Saharan Africa over the next five years, with mobile subscriptions likely to exceed 900 million, total mobile data traffic growing by 11 times compared to today, and 75 million cellular Internet of things (IoT) devices being connected by 2023. This will be aided by the growth of 4G/long term evolution (LTE) and 5G deployments if more spectrum is allocated.

    “Decisions on where, when and how operators deploy 5G are not only driven by commercial considerations but also on the availability of spectrum, network equipment and devices,” the report said.

    The authors said modern mobile networks need a variety of spectrum, with different frequencies providing different key components.

    Low frequency spectrum tends to offer better coverage, travelling distances and giving in-building coverage, at the expense of data rates (that is, speed). High frequency spectrum offers shorter coverage distances but substantially higher data rates.

    The report expected that 5G will need a mix of low, medium and high frequency spectrum, some of which will be ‘new’ spectrum and some ‘re-farmed’ spectrum, previously used by other services or even shared with existing services.

    As the use of spectrum is a global phenomenon, the spectrum bands available in Africa should not be different from that of other administrations, the report says, “as it would be expensive to use without the economies of scale for network equipment and device manufacturers that come from harmonised bands”.

    Ericsson believes governments in Africa should support 700megahertz (MHz), 800MHz, 2.6gigahertz (GHz), 3.5GHz, 26GHz and 40GHz as 5G pioneer bands.

    “The spectrum available for 5G will vary from market to market, according to whether it is already in use and the timing of auctions and licensing processes. Each spectrum band has different physical characteristics, which means there are trade-offs between capacity, coverage and latency, as well as reliability and spectral efficiency.”

    Ericsson said these trade-offs needed to be taken into consideration when planning 5G deployments, especially with regard to the mobile network operators’ (MNOs’) service focus, whether this is enhanced mobile broadband, massive IoT, critical IoT or fixed wireless access.

    Last month, the Independent Communications Authority of South Africa (ICASA) confirmed plans to license high-demand radio frequency spectrum by the end of March 2019, which will likely be used first for 4G, and it’s still unclear as to when higher bands will be released with 5G in mind.

    Although the report said 5G will need the release of new spectrum, it highlighted that it will also require the re-farming and/or re-use of current spectrum.

    The report urged regulators to issue licences that are technology-neutral or unified licences, where MNOs can move one technology from a spectrum band and deploy a different technology, in that same band.

    But the Vice President/Head of Networks for Ericsson Middle East and Africa (MEA), Chafic Traboulsi, said spectrum should not be linked to specific technology.

    “In some countries, unfortunately, they link the frequencies to a specific technology. We believe it’s very important not to do this because it puts a barrier up right in the beginning,” Traboulsi said.

    The Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof Garb Dambatta, said spectrum licences in Nigeria are technology-neutral. This explains whhy telcos have been able to re-farm their previous spectrum for newer technologies such as LTE.

    While the Chairman, Association of Licensed Telecoms Companies of Nigeria (ALTON), Engr Gbenga Adebayo, has advised the regulator to revisit its technology-neutral licensing, the regulator appears not in a hurry to do so. Dambatta believes other African countries should adopt  the model that makes spectrum not to be tied to a particular technology.

    The report added: “With the adoption of 5G, MNOs will require an increased amount of spectrum and therefore it is important that a country develop spectrum policies that will enable the fast adoption of innovative technologies and sustainable development of the mobile industry. This will help to realise maximum benefit for its citizens, particularly those that are unconnected.”

  • FUTA urges NCC to ensure better service, accurate data

    The Nigerian Communications Commission (NCC) has been urged to compel global service for mobile (GSM) communication service providers to improve the quality of service (QoS) on their networks so that subscribers could get the full value for the money spent on buying airtime.

    The Commission was also advised to keep data about the industry so that should the need arise, its regulator would be a ready data repertoire that other organisations could fall back upon.

    Speaking in Lagos during the Roundtable with Academia, Industry and other Stakeholders in the Southwest Regions organised by the NCC at the University of Lagos, the Ag, Head, Computer Engineering Department, School of Engineering Technology, Federal University of Technology Akure (FUTA), Ondo State, Dr, Folasade M. Dahunsi, lamented that efforts to get data about the industry from the regulator was to no avail.

    She said in the absence of data from the regulator, what the university community did was to develop an application which was deployed to gauge the QoS of the telcos within the community.

    According to her, the data collated from the app showed that telecoms subscribers were far from enjoying the minimal acceptable service quality required.

    She also urged the regulator to urgently address the issue of local roaming of subscriber identity module (SIM) card so that whenever a subscriber gets to an environment that is not fully covered by a carrier, such a customer could roam so that he or she would not be completely shut out of the global world of information communications technology.

    Responding, one of the panelists,  Head, Regulatory Affairs at ntel, Olatunbosun Hambolu, said part of the challenges facing the telcos was access to foreign exchange to procure the requisite equipment to expand network capacity.

    He said all the equipment needed in the industry are sourced offshore, lamenting that when the naira/dollar exchange rate is put into consideration, then, it is plenty of problem for the telcos.

     

  • Samsung unveils QLED TV in Nigeria

    Samsung Electronics West Africa has launched its newest and smartest televsion into the Nigerian market.

    According to the company, the QLED TV 2018 features impeccable picture quality, inspiring style, and ingenious ways for users to find content; removing anything that distracts, detracts, or delays from the experience.

    Speaking at the unveiling of the television in Ikoyi, Lagos,  Key Account Manager, Samsung Electronics West Africa, Olumide Olakotan, said the firm had put in a lot of thought into creating a device that would not only serve as an entertainment tool but also add to the glamour and panache that Samsung products brings to the home.

    “At Samsung, we are focused on leaving a legacy of perfection for our consumers and that is why all our products are carefully crafted to meet the very specific needs of our growing dynamic and stylish customers,” he said.

    Another novel addition to the QLED TV 2018 is the ambient mode feature which is also a first in the QLED series, providing useful information throughout the day – even when consumers aren’t actively watching the TV. Most interesting about this feature is the fact that the QLED can double as a piece of art in the living room or blend into the wall. “The QLED when wall-mounted and on Ambient Mode can mimic the pattern on the wall behind the TV to create an astonishing visual effect in which the TV blends seamlessly into the wall. QLED TVs can hide in plain sight. If you are not watching TV, you won’t see a TV,” Olakotan added.

    Users can experience the truly connected life through the SmartThings app which connects the TV to a broad range of smart devices and appliances, from the fridge to your smartphone, etc.

    With the OneRemote feature, users can say good bye to juggling remotes to control the different connected devices as it automatically detects, identifies and controls connected devices and content. Users never have to take their eyes off the TV to operate any internet connected device in their homes – hence the slogan, See Nothing Else.

    “The QLED 2018 is voice operated and can be easily synched with any device in the home powered by internet connectivity. With this feature, users can dim the light, turn off the washing machine and regulate the AC all from the comfort of their couch,” Mr. Olakotan concluded.

    Don’t feel like mounting your QLED 2018 on the wall? That’s okay. Samsung Electronics anticipated that and created a Gravity and Studio stand specially designed to aesthetically enhance any room.

    With the QLED 2018, Samsung Electronics offers a next generation experience giving consumers the best possible picture quality, infinite design and the closest human eye view any device has to offer. The TV comes in 55, 65 and 75 inches with a curved screen option and is now available at Samsung outlets throughout West Africa.

     

  • NCC seeks academia’s collaboration to develop ICT sector

    The Nigerian Communications Commission (NCC) is seeking the collaboration of the academia to grow the industry and impact positively, not only the subscribers but also the environment.

    Its Executive Vice Chairman/CEO, Prof Garba Dambatta, who spoke during the roundtable with the academia in Lagos, said the advancement of technology across several spheres of human endeavour has created new industries, opportunities, new knowledge areas and challenges. This, he said, has increased the speed at which alignment between the different stakeholders in the economy needed to take place to ensure no aspect of development is left lagging.

    He said: “Traditionally, as we all know, regulation lags innovation. Thus, in the fast moving technology ecosystem, the need for regulators to raise their game to ensure regulations are relevant to existing realities is pertinent. This will ensure that the maximum benefit in innovation can be harnessed, and the potential risks mitigated on a timely basis.

    “In general, the academia is a key driver of innovation in all spheres of human endeavours. But in specific terms, the ideas, inventions and improvements that emanate from the academia are required by industry for improved efficiencies and productivity. With these in mind, the regulator as a critical component of any ecosystem aims to ensure all stakeholders are protected and the industry nurtured for maximum benefit to business and society.”

    According to Dambatta, the growth of new technologies such as internet of things (loT), Artificial Intelligence (Al), Cloud Computing, increased delivery of speed by various broadband technologies such as 4G and 5G technologies, advancement in processor and other electronics technologies have led to huge opportunities and risks. This, he said, has led to “the need for collaboration between academia, industry and regulators to ensure these technologies can be properly harnessed and standards built in such a way that is beneficial to all stakeholders”.

     

     

    The potential opportunities and important aspects that should be considered by all stakeholders are critical aspects that academia are invited to research and proffer pragmatic solutions, he added.

    “The future is something we should be ready for, and adapt to, or we should see the future as something which we can create. I want to look at three areas which are fundamental to the future.

    Firstly, I want to briefly look at innovation in terms of new ideas in ICT. Secondly, I want to look at industry growth in terms of building capabilities and stronger industry systems through a collaborative, academia-industry-led approach. I will also want to look at sustainability. For technology to be sustainable, it should imply that using it does not have any long-term adverse effect on the environment. And thirdly, perhaps the most important for this forum, I want to look at the role of the regulator in promoting synergy between the academia and the industry,” he said.

    According to him, innovation is seen as a way to breaking away from the old and embracing new technologies. “Innovate or Die” is a slogan used by many business enterprises. In perspective, innovation to the telcos can be a linear machine to deliver what they deliver best.  Every telecom provider will aspire to transform into that new agile future -looking telecom firm. “Recognising this increasing phenomenon, the Commission has, among other things, directed funds to encourage innovation by boosting research and development (R&D) in universities across the country. I am glad to say that our universities are making good progress in ICT R&D,’ he said.

    He said the NCC strives to ensure the engagement of all stakeholders to improve efficiency and impact consumers positively.

    The telecoms industry for example has enormous potential for enabling environmental, social and economic benefits through broadband connectivity, he posited, adding that as it continues to experience exponential traffic growth, network energy consumption is emerging as a critical issue.

    “In the last two decades, telecoms has emerged as a key driver of economic and social development in an increasingly knowledge intensive global scenario. It is said that “The greatest threat to our planet is the belief that someone else will save it”. To sustain the standard of living of an ever increasing Nigerian population, a strategy for continual development in telecoms technology needs to be given attention and timely research in that area be conducted by the academia that will result in minimal impact on the environment. ICT can bring about social benefit as well as economic development. Research contributes towards industry and sustainable technological development should not occur exclusively by means of efforts developed in labs or publication of papers.

    “We need to collaborate with an emphasis on determination on development of prototypes that meet the standards required by the industry.

    Academia is challenged to study the impact of various practices and issues peculiar to Nigerian operating environment on the operational efficiency and service delivery capability and performance by telecoms industry players for example to subscribers. It will surely be an interesting read to see the new insights this may provide,” Dambatta said.

     

     

  • MainOne powers MEST Incubator

    West Africa’s leading connectivity and data centre services provider, MainOne, has partnered with the Meltwater Entrepreneurial School of Technology (MEST) to provide high-speed internet access to the MEST Incubator in Ikoyi, Lagos. MEST is a not-for-profit organisation which provides technology training, seed investment and mentorship for the next generation of globally successful African software entrepreneurs.

    This partnership will leverage MainOne’s fiber connectivity, as well as MEST’s seed fund and incubator to foster the growth and success of entrepreneurs by providing work space, high-speed internet, hands-on support, resources and a vibrant community to help start-ups succeed.

    According to MainOne Chief Executive Officer, Funke Opeke, MainOne remains committed to powering up the startup and technology ecosystem in Nigeria which remains underdeveloped and  to foster socio-economic development of Africa through the creation of sustainable businesses and enterprises.

    “We will continue to support initiatives like the MEST with investments in fibre-optics infrastructure to deepen broadband penetration and create enabling environment for these companies”, she said.

    “Our expansion into Lagos was in response to the vast amount of talent present combined with the surge in the development on technology in the country. Our pan-African network of incubators is aimed at discovering the best tech talent on the continent and providing our existing entrepreneurs the support they need as they expand into new markets across the continent”, said Neku Atawodi-Edun, Director of Investor Relations at MEST.

    Speaking on the partnership she applauded MainOne’s support in enabling the hub with the capacity to meet the requirements of entrepreneurs who just need the space to focus and work on their big ideas. “The MEST Incubator is a hub where different tech and digital start-ups, are availed seed funds and resources essential to the success of their business.

     

     

  • Huawei: Cloud service’ll unleash Africa’s latent capacity

    Chinese technology giant, Huawei Technologies, says its Cloud service would unleash the continent’s latent capacities and transform it.

    President of Huawei Southern Africa Region, Li Peng, who spoke during the unveiling of Huawei Cloud South Africa, said:  ”Huawei has been operating in Africa for 20 years, contributing to social and economic development and enriching African people’s lives with its ICT solutions and services. We have in-depth understanding of African market and are capable of better meeting customers’ current and potential needs.

    “South Africa is one of the most diverse and promising emerging markets globally with tremendous potential. With cloud services, we are aiming to unleash the latent capacity by introducing cloud computing, one of key engines  that drive the growth in this era.”

    He spoke during the AfricaCom 2018.

    The unveiling of the service makes the firm the world’s first cloud service provider that operates a local data centre to provide cloud services in Africa.

    Huawei Cloud South Africa region will start providing cloud services at the end of this year, allowing organisations operating inside South Africa and its neighbouring countries to access lower-latency, reliable, and secure cloud services, such as Elastic Cloud Server (ECS), Elastic Volume Service (EVS), and Object Storage Service (OBS). Huawei Cloud also indicated a plan to unveil more new regions in Africa.

    Director-General, National Department of Telecommunications and Postal Services, South Africa Mr. Robert Nkuna said Huawei has been a great technology partner to South Africa and has regularly brought cutting edge technologies to the country.

    “The launch of the Huawei Cloud Service is taking place in an exciting period in our country. For an example we are investing in skills development with numerous partners. We’ll engage Huawei to transfer cloud technology skills to South Africa and the continent. We are convinced that we can fast track our development if we work in partnership with other stakeholders.”

    Vice President of Huawei Cloud Business Unit, Edward Deng,  said with over 30 years of technical accumulation in ICT infrastructure and products, Huawei provides reliable, secure, and sustainable cloud services to customers worldwide. “Looking forward, Huawei Cloud’s innovative technologies and services, such as cloud computing and artificial intelligence, will help African governments, carriers, and enterprises in a variety of industries such as finance, energy, agriculture, to leapfrog to a fully-connected, intelligent era,” he said.

    At the event, Huawei Cloud released the Africa Partnership Programme with local channel partners, such as Altron, ATOS, BCX, Datacentrix, EOH, Gijima, StorTech, TCM, Tech Mahindra, T-systems and  XON.

    In additional, Huawei also launched InTouch Aggregator, a PaaS platform powered on Huawei Cloud, which helps connect carriers, open up telecom capabilities, enable over the top (OTT), and build up the cloud ecosystem.

    With over 30 years of technical accumulation in ICT infrastructure and products, Huawei provides reliable, secure, and sustainable cloud services to customers worldwide. Huawei Cloud and its partners’ global reach cover Southeast Asia, Europe, Latin America, Russia, Africa, and China, with 22 regions and 37 availability zones. A growing number of organisations, such as Groupe PSA, Santander Bank, European Organisation for Nuclear Research (CERN), Falabella, and Andreani, have chosen Huawei Cloud and partners, thanks to their cutting-edge technologies and professional local technical support.

     

  • Telcoin, Jumia partner on efficient service delivery

    TOKYO, Japan based technology platform provider, Telcoin  and Jumia, a leading online e-commerce marketplace with presence in 15 African countries, have partnered to deliver efficient services to customers.

    Telcoin offers telecoms focused blockchain solutions.

    The partnership, to commence in the country, would seek to tap into the synergies of blockchain technology to increase the volume of goods and services purchased on the e-commerce platform.

    Speaking on the partnership, Head of Africa for Telcoin, Ms Lee-Ann Cassie, said the firm would focus on how to increase the sales traffic from Nigerians in the Diaspora, thus adding value to cross-border e-commerce transactions as well as value-enhancing e-commerce transactions within the country.

    Also commenting on the partnership, Chief Executive Officer, Jumia Nigeria, Mrs Juliet Anammah, said: “We’re excited, to say the least, about our partnership with Telcoin, because we believe this will have a huge impact on our commitment to improving the lives of Africans through the internet, helping them to save time and money.

    “With this partnership, we can now serve Nigerians in the Diaspora who are looking to convert their digital currency to shopping vouchers on our platform. We rely on and trust Telcoin to facilitate the currency conversion since digital currency is, in the interim, not a payment method on Jumia.”