![Beyond Konga and Jumia – Winning Africa’s E-commerce Market [Video]](https://tkcdn.tekedia.com/wp-content/uploads/2017/05/06173820/konga-768x384.png "Beyond Konga and Jumia – Winning Africa’s E-commerce Market [Video]")
In this videocast, I discuss the future of e-commerce in Africa and why the sector is still anyone’s game to win despite the presence of key competitors. The loss-making sector demands someone with capital to boost logistics and accelerate scale to make money. Today’s leaders are not doing that yet, and can be easily disrupted and displaced. But there are challenges in competing in this sector because the environment and the fundamentals are toxic with largely no infrastructure to key in. The business competitive factor is not the internet or website but logistics. Winning this sector to become a category-king will be settled by a company that can invest, at scale, in logistics to serve more cities and countries.
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[…] We propose for Interswitch to buy a bank and Konga. Together, both will provide growth drivers which are organic. Public traded Unity Bank is worth about $31 million according to Bloomberg Markets. Interswitch could pay a premium and acquire it for $40 million; Konga is worth about $34 million. […]