CGD NOTES
E-commerce and Mobile Money for Poverty Reduction in China: Lessons for African Countries
Leah Lynch
and
Chung Tsz Chung
December 21, 2020
Global e-commerce sales surged to US$25.6 trillion in 2018, up 8 percent from 2017. Leading the way are China (US$1.5 trillion), the United States (US$600 billion), and the United Kingdom (US$135 billion) holding the top three spots respectively. Yet Africa, with 17 percent of the world’s population...