Africa’s online revenue hits $428bn
Published On June 7, 2022 » 895 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI –
AFRICA’S online shopping revenue reached nearly US$428 billion in 2020, an increase of over $6 billion since 2019.
Frost and Sullivan expert Sisonke Mgwebi indicated in a research publication dubbed ‘Seeds of Opportunity: The African Growth Series’ made available to the Times of Zambia by media officer Rebecca Mabika at the weekend.
According to the expert, forecasts showed that by 2025 revenue could reach a value of over $46 billion, which was promising.

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