e-Commerce in Africa: The Case of Nigeria
Autor: | Mark O. Afolabi, Emmanuel Onwuka Ibam, Olutayo Boyinbode |
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Jazyk: | angličtina |
Rok vydání: | 2018 |
Předmět: |
Transaction cost
lcsh:Computer software education.field_of_study e-commerce index services lcsh:LC8-6691 Poverty lcsh:Special aspects of education business.industry software media_common.quotation_subject Population E-commerce Investment (macroeconomics) Adaptability lcsh:QA76.75-76.765 Development economics Sustainability Africa internet business education Wide gap media_common Information and Communication Technology (ICT) |
Zdroj: | EAI Endorsed Transactions on Serious Games, Vol 4, Iss 15, Pp 1-6 (2018) |
ISSN: | 2034-8800 |
DOI: | 10.4108/eai.5-1-2018.153536 |
Popis: | Africa holds 15 % of world’s population with an across sector infrastructure investments average returns of 15 to 20%. The diverse location of people living within the continent makes intercity, interstate, or inter-country transactions difficult and where it does happens, comes with huge transaction cost. This creates a wide gap in Africa’s regional economy, resulting in wide spread of poverty, intra and inter regional conflicts within the continent. E-commerce provides a viable platform for bridging the gap in African economies. However, its adaptability and sustainability becomes a major concern. The level of development of e-commerce and its impact on the economy are analysed. Results show that e-commerce has made positive impact on the African economies but lack of trust on transactions within and from the continent is major challenge. Therefore, investment in e-commerce infrastructure in Africa (with more emphasis on Nigeria) will lead to rapid economic development within the continent. |
Databáze: | OpenAIRE |
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