Africa
Market overview
In Africa, the eCommerce landscape is fueled by the widespread adoption of internet and smartphone technologies across the continent. This surge is further propelled by the burgeoning population of young, tech-savvy individuals and the emergence of localized payment solutions.
As of 2023, the Africa digital market has flourished, reaching a notable size of USD 277.1 billion. Looking ahead, market projections indicate a robust expansion, with expectations set for the market to surge to USD 939.8 billion by 2032. This trajectory reflects a compelling growth rate (CAGR) of 14.4% during the period spanning 2024 to 2032.
Country stats
Population:
1.477 milliards,
as per 2023 stats
Average number of online shoppers:
Currencies:
Egyptian Pound
EGP
Ghanaian Cedi
GHS
Kenyan Shilling
KES
Nigerian Naira
NGN
West African CFA Franc
XOF
Central African CFA Franc
CFA
Congolese Franc
CDF
Guinean Franc
GNF
Malawian Kwacha
MWK
Rwandan Franc
RWF
Tanzanian Shilling
TZS
Ugandan Shilling
UGX
Zambian Kwacha
ZMW
Share of transaction value
2022-2026
eCommerce payment methods
Credit card
Digital wallet
Acount-to-account (A2A)
Debit card
Cash on Delivery (CoD)
Prepaid Card
Buy now pay later (BNPL)
PrePay
2022
2026
POS payment methods
Cash
Credit card
Debit card
Digital wallet
Prepaid Card
POS financing
2022
2026
Main countries
Benin
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Burkina Faso
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Cameroon
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Côte d'Ivoire
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Congo (DRC)
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Egypt
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Ghana
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Guinea Conakry
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Kenya
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Malawi
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Mali
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Nigeria
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Rwanda
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Senegal
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Tanzania
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Togo
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Uganda
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Zambia
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