Big Cabal Media, a pan-African media company, is set to unveil its first ‘Commerce in Africa’ outlook report aimed at exploring how technology affects buying and selling in Africa, the most important players in the sector, and what big transformations are happening in the second most populous continent.
The outlook report, produced by TechCabal Insights team,will form part of the conversations at this year’s Future of Commerce conference tagged “Money on the Streets” and scheduled for September 23.
It will also forecast how commerce will evolve throughout 2023, with a particular focus on payments, logistics, social commerce, BNPL, informal trade, mobile money, and agent networks.
Boluwatife Sanwo, senior associate at TechCabal Insights, who shared the rationale behind presenting the Commerce in Africa outlook report at this year’s Future of Commerce event, said there were many disruptions in the tech industry last year, particularly with regard to how people traded and transacted and that they, as digital economy consultants, tracked and documented the patterns and consulted widely on the subjects.
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The report, according to Sanwo, will serve as a valuable resource for anyone looking to get a bird’s eye view into the future of buying and selling on the continent and help them position their businesses strategically.
Now in its second year, Future of Commerce 2022 will take place as a hybrid event for key operators and enthusiasts in Africa’s commerce sector.
Speakers are expected to include ecosystem leaders such as Akshay Grover, Group CEO at Cellulant; Nika Naghavi, director of MNOs at MFS Africa; Jacobo Singer, president at dLocal; Tim Steel, CEO at Copia Global; Tosin Eniolorunda, founder and CEO at TeamApt; and Ismael Belkhayat, founder and CEO at Chari.
Tomiwa Aladekomo, CEO of Big Cabal Media and chief host of the event, remarked that the media organisation is honoured to play host to such a stellar lineup of global tech-commerce leaders, giving them a forum to explore the many facets of Africa’s informal sector and its role as the continent’s economic engine.
Aladekomo added that they will also highlight the importance of digitisation of the informal sector to the development of trade in Africa and the future of urban Africa.
Moniepoint, powered by TeamApt, will partner with TechCabal as headline sponsor in the forthcoming event, alongside associate sponsors including dLocal, KasuwaGo, and QoreID.
Registration for the Future of Commerce 2022 is still open and free for virtual attendees while physical attendance is by invitation.
Over 2,500 people participated in the inaugural edition of the conference in 2021, including speakers like Shola Akinlade, CEO of Paystack; Ray Youssef, CEO of Paxful; Juliet Anammah, chairwoman, Jumia Nigeria; and Nkebet Mesele, senior director at Visa sub-Saharan Africa.