african stock market News

Jumia Strategies for Growing Mobile Sales in Africa

This article delves into the market opportunities for mobile phone products on the Jumia platform, revealing the strong demand for smartphones among young African consumers and the strategies of Chinese mobile phone brands to seize the market with their high cost-performance ratio. It emphasizes the price sensitivity and the coexistence of feature phones and smartphones in the unique African market. Furthermore, it highlights the new growth points brought by Jumia's refurbished phone category and Tech Week promotions, helping sellers to grasp the first-mover advantage in the African e-commerce market.

01/06/2026 Logistics Industry Insights

Daysun Logistics Expands Air Freight Services to Africa

Da Shun Logistics specializes in African air freight, offering customized logistics solutions to help businesses expand into the African market. We provide a variety of services with expert customs clearance. Contact Manager Zhu at 010-64501171.

05/25/2024 Logistics

African Currency Markets Show Mixed Trends on Dec 27

This report provides daily exchange rates as of December 27, 2025, for key African countries including Nigeria, Uganda, Morocco, Egypt, and currencies like West African CFA Franc and Central African CFA Franc. The data is sourced from exchangerate-api and is intended to serve as a reference for investors, helping them understand African market dynamics and make more informed investment decisions. Please note that exchange rates may vary across different sources, and investments should be made with caution.

12/27/2025 Exchange Rate Query

IATA Names Peter Chilufya Chikumba Regional Director for Africa

The International Air Transport Association (IATA) has appointed Peter Chikuumba as its Area Manager for Africa, based in Nairobi. This appointment aims to strengthen collaboration with African aviation bodies and address the challenges facing the African aviation industry. Chikuumba brings extensive industry experience to the role and will focus on ensuring the robust development of African aviation, promoting its safety, efficiency, and sustainability. This appointment reflects IATA's strategic emphasis on the growing importance of the African market.

01/26/2026 Airlines

Jumia Guide Highlights Africas Ecommerce Growth

This article provides an in-depth analysis of the advantages and challenges of the African e-commerce platform JUMIA, offering a guide for cross-border sellers interested in entering the African market. JUMIA boasts ease of use, significant market potential, and a favorable policy environment. However, localization and logistics are key challenges. By leveraging low-cost sourcing and reasonable pricing, sellers can still achieve substantial profits. For businesses with strong supply chain advantages, JUMIA represents an ideal choice for expanding into the African market.

02/03/2026 Logistics Industry Insights

BEACCMCX110 Secure Transfers to Central African Bank Explained

Learn about BEACCMCX110, the SWIFT/BIC code for BANQUE DES ETATS D'AFRIQUE CENTRALE. Using this code correctly during international remittances can effectively ensure that funds are secure and arrive on time, avoiding delays or errors. Understanding the precautions for remittances supports the protection of your funds.