E-commerce and Mobile Money for Poverty Reduction in China: Lessons for African Countries
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, still lags behind both in e-commerce sales and the use of mobile money for online purchases. Why is this a problem?
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