Connect with us

    Hi, what are you looking for?

    Tech

    Konga CEO Optimistic About E-Commerce Despite Challenges – Ravenewsonline

    Prince Nnamdi Ekeh, CEO of Africa’s foremost online shopping platform, Konga Group, has expressed optimism in the e-commerce sector despite the current challenges facing the e-commerce business in Nigeria and most parts of the African continent.

    Speaking at the 6th Edition of Nigeria Sales Conference organized by George Emetuche, the CEO of the Selling Champion Ltd, held at the Welcome Centre Hotel Lagos, Prince Nnamdi Ekeh spoke on the topic “The Nigeria E-Commerce and Retail Business: Challenges and Prospects.”

    In his address, Prince Ekeh outlined key challenges hampering the growth of the e-commerce sector in Nigeria.

    He pointed to the overdependence on imported goods, unstable exchange rates, logistical inefficiencies, corruption, and rising insecurity as significant obstacles.

    Despite these challenges, he expressed optimism about the future of e-commerce in Nigeria and Africa.

    He noted that the country’s youthful population—averaging 17 years of age—is tech-savvy and eager to embrace digital solutions, a factor he believes will drive growth and innovation in the sector.

    Prince Ekeh also called on the government to create a level playing ground for stakeholders, emphasizing the need for policies that support local businesses and strengthen the e-commerce ecosystem.

    The conference concluded with Prince Nnamdi Ekeh receiving an award of honour in recognition of his significant contributions to the e-commerce industry in Nigeria.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You May Also Like

    News

    Three suspects have appeared before the Pretoria Magistrates’ Court facing charges of aggravated robbery and premeditated murder in connection with the killing of 22-year-old...

    News

    Federal Government has filed a three-count charge against former Kaduna State Governor, Mallam Nasir el-Rufai, at the Federal High Court in Abuja over the...

    News

    Nigeria Data Protection Commission (NDPC) has launched an immediate investigation into the data processing activities of popular e-commerce platform Temu, amid allegations of violating...

    News

    National Drug Law Enforcement Agency (NDLEA) has thwarted an attempt by convicted drug kingpin Olashupo Michael Oladimeji to smuggle 1.10 kilograms of cocaine to...