How to unlock e-commerce in Africa
Yet one critical barrier threatens to limit their growth: access to affordable, flexible credit.
Medium-scale e-commerce enterprises, those beyond micro-entrepreneurship but not yet large corporations, face a unique financing challenge. These businesses are too large for microfinance but often too small, or perceived as too risky, for traditional commercial banking. Despite steady sales, loyal customers, and growing brand equity, they struggle to secure financing to scale production, expand logistics, or invest in technology to serve a wider market.
The financing shortfall for sub-Saharan Africa exceeds $331 billion, with medium-sized consumer-facing businesses among the hardest hit. A report by USAID and eTrade Alliance which surveyed over 2,000 micro, small, and medium-sized enterprises (MSME) in Kenya, Nigeria, and South Africa, shows that these businesses are eager to expand e-commerce capabilities, internet connectivity, and invest in digital transformation, but access to finance remains one of their greatest barriers.
Consider, for instance, a mid-sized Nairobi fashion retailer that grew steadily through an online storefront but struggled to finance improved packaging and marketing to reach buyers in Europe. Despite years of consistent sales, it was unable to access credit on reasonable terms because traditional lenders viewed its cash flows as unpredictable. Cases like this are widespread.
As Africa's middle class expands, with roughly 212 million people projected to reach middle income status by 2030 and consumer spending expected to hit $2 trillion in 2025—the demand for e-commerce will surge. However, tight credit access could block supply-side growth. When growing brands cannot secure credit to expand inventory, strengthen logistics, or build new supplier partnerships, they risk ceding market share to bigger, better capitalised competitors. These missed opportunities ripple through ecosystems and impact suppliers, logistics firms, and technology partners that depend on a thriving e-commerce sector.
4 things that need to improve
Credit is not a luxury for these businesses. It is essential to transform local brands with global ambitions into long-term economic engines. It can do so by following these four principles.
Smarter lending evaluation. Information asymmetry hinders small and medium enterprise (SME) financing in Africa; many small businesses lack formal financial records and credit history. This leads traditional lenders to demand high collateral given difficulty in assessing risk. To overcome this, lenders should use real-time transactional data (e.g., e-commerce sales, inventory, customer reviews) to accurately assess creditworthiness for excluded SMEs.
Data-sharing partnerships. Payment providers, marketplaces, distributors, and banks should collaborate to share transaction histories and supply chain data, helping lenders assess risk with confidence.
Blended finance and risk-sharing facilities. Scale public-private instruments like the Africa Guarantee Fund and the Bank of Industry risk-sharing arrangements. These reduce lenders' risks and help lower the cost of credit.
Targeted financing for digital transformation. As the Alliance for eTrade Development research shows, many MSMEs want to invest in better internet connectivity, digital marketing, and fulfilment capabilities but cannot secure affordable loans for these upgrades. New financing products tailored to e-commerce investment would directly unlock their growth potential.
The opportunity ahead
As governments and the private sector work to advance e-commerce policy frameworks under AfCFTA, prioritizing simpler customs procedures, strengthening cross-border payments, and improving digital ID systems, credit access must rise to the top of the agenda.
Payments are a foundation, but credit is a growth driver. We must build the financial tools that empower Africa's most ambitious entrepreneurs to dream bigger, scale faster, and compete globally. When they grow, Africa grows.
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Australia Post unveils landmark addition, Qantas passengers trial major airport change, two Aussies' $4.8m lotto prizes unclaimed for years
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To accomodate the huge boom in e-commerce and online shopping, Australia Post has opened a huge new parcel centre in Sydney's Blacktown that can handle close to 50,000 parcels a day during peak periods. Australia Post says the new centre will be able to handle more delivery vans than anywhere else in Australia, with capacity for nearly 400 of them. 'The new centre has been designed to create a seamless and streamlined experience for both our delivery teams and our customers. By bringing our teams closer to their delivery areas, we're able to improve turnaround times and ensure parcels reach customers' doorsteps faster," Australia Post's Khaled Elkhatib said. Australia Post says millions of Australians will be receiving their parcels quicker thanks to the opening of a giant new parcel delivery centre in Sydney's west. To accomodate the huge boom in e-commerce and online shopping, Australia Post has opened a huge new parcel centre in Sydney's Blacktown that can handle close to 50,000 parcels a day during peak periods. Australia Post says the new centre will be able to handle more delivery vans than anywhere else in Australia, with capacity for nearly 400 of them. 'The new centre has been designed to create a seamless and streamlined experience for both our delivery teams and our customers. By bringing our teams closer to their delivery areas, we're able to improve turnaround times and ensure parcels reach customers' doorsteps faster," Australia Post's Khaled Elkhatib said. Travel chaos in the US There's travel chaos in the US as one of the world's biggest airlines was forced to ground its flights over a glitch with its computer system. "Due to a technology issue, we are holding United mainline flights at their departure airports," United Airlines said in a statement. 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It has collapsed owing almost $42m in estimated debts, with about 200 employees to be left without jobs. The Brisbane-based trucking company was founded in 1990 and operated across Australia. The company was plunged into voluntary administration in late June and appointed administrators Kelly-Anne Trenfield, Ross Blakely and Joanne Dunn from FTI Consulting, who conducted an 'urgent assessment' into its finances. As part of the liquidation, its 200 employees were stood down and on June 23,the premises in Western Sydney were locked due to unpaid rent, the administrators said. The FTI Consulting report said the logistics company owed up to $41.9m in total debts, with $5.3m owed to employees and $3.4m to the Australian Taxation Office. XL Express also owes an estimated $18.9m to lenders including NAB, ScotPac and Judo Bank. The report said an estimated $12.4m was also owed to other unsecured creditors. 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Queensland's Redland City Council said it has now had six garbage truck fires this year, most likely the result of batteries being thrown in kerbside bins. "Please keep batteries and hazardous items out of your bins. A small mistake could cause a major disaster," the council said. Toyota's dominance in Australia continues While it has been the top selling vehicle for the past two years, the Ford Ranger has been tipped at the top of July's sales list by rival Toyota. Both its HiLux and RAV4 models had better sales last month than the Ranger. Toyota has long been the market leader in Australia, spanning more than two decades. Last year, it sold 140,000 more vehicles than nearest manufacturer Ford. In fact it's been a difficult first half of 2025 for Ford, with Mazda jumping into second spot for overall sales. While it has been the top selling vehicle for the past two years, the Ford Ranger has been tipped at the top of July's sales list by rival Toyota. Both its HiLux and RAV4 models had better sales last month than the Ranger. Toyota has long been the market leader in Australia, spanning more than two decades. Last year, it sold 140,000 more vehicles than nearest manufacturer Ford. In fact it's been a difficult first half of 2025 for Ford, with Mazda jumping into second spot for overall sales. Plans for world's largest suspension bridge given green light Italy has cleared the way to build the world's largest suspension bridge linking the Italian mainland with Sicily in a massive A$25 billion infrastructure project that has been long delayed by debates over its scale, earthquake threats, environmental impact and the spectre of mafia interference. 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Preliminary work could begin between late September and early October, once Italy's court of audit signs off, with construction expected to start next year. Despite bureaucratic delays, the bridge is expected to be completed between 2032-2033, Salvini said. Read more here. Italy has cleared the way to build the world's largest suspension bridge linking the Italian mainland with Sicily in a massive A$25 billion infrastructure project that has been long delayed by debates over its scale, earthquake threats, environmental impact and the spectre of mafia interference. The Strait of Messina Bridge will be 'the biggest infrastructure project in the West,' Transport Minister Matteo Salvini told a news conference in Rome, after an interministerial committee with oversight of strategic public investments approved the project. 🌉 I #ponti sono sempre stati acceleratori per l'economia e lo sviluppo dei paesi. E #Webuild ha dato il suo contributo a questa storia.🇮🇹 Il Ponte sullo Stretto di Messina è una grande sfida ingegneristica per una grande opportunità di sviluppo economico, industriale,… — Webuild (@Webuild_Group) August 6, 2025 Premier Giorgia Meloni said that the bridge "will be an engineering symbol of global significance.'' Salvini cited studies showing the project will create 120,000 jobs a year and accelerate growth in economically lagging southern Italy, as billions more in investments are made in roads and other infrastructure projects accompanying the bridge. Preliminary work could begin between late September and early October, once Italy's court of audit signs off, with construction expected to start next year. Despite bureaucratic delays, the bridge is expected to be completed between 2032-2033, Salvini said. Read more here. 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The Coalition says China and Russia are "testing" Prime Minister Anthony Albanese as they see him as a weak leader when it comes to defence. China and Russia are currently carrying out joint patrols in the Western Pacific, right on Australia's doorstep. Beijing's mouthpieces have framed the patrols as 'jointly countering security threats' and a testament to 'deepening of China-Russia military ties'. Opposition Defence spokesman Andrew Hastie suggests the patrols should prompt more resistance from the government. 'While concerning, this is not surprising. They are testing us because they see weakness in Prime Minister Albanese," he told NewsWire. 'The Prime Minister has set a dangerous precedent by repeatedly refusing to stand up for our Australian Defence Force. 'Australia must show strength, and we're not seeing it from Labor.' Read more here. 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"Two Aussies remain oblivious to their good fortune, with two Set for Life division one prizes unclaimed, each worth $4.8 million. In New South Wales and the ACT, players have six years from the date of the draw to claim their prize," The Lott said on Thursday. One of the tickets was purchased at Thistle Kiosk in Canberra's Woden in April 2021 while the other was bought at Nextra Kiama in NSW's Kiama in November 2024. Set for Life differs from traditional lottery games by drip-feeding winners their prize. Winners are paid $20,000 a month for 20 years. Qantas trial makes it to Australia's busiest airport It's a trial we're sure most Aussie flyers will embrace, and it's now made it's way to the country's busiest airport. Qantas customers flying in from New Zealand's Queenstown or Auckland on Wednesday were able to complete a digital declaration through the airline's app before their flight instead of filling out an arrivals card. The trial has been running at Brisbane Airport since last year and has been warmly welcomed by the aviation industry and passengers. 'Extending the trial to Australia's busiest airport means, every day, hundreds more passengers will have a more seamless travel experience," Home Affairs Minister Tony Burke said, The Guardian reported. It's a trial we're sure most Aussie flyers will embrace, and it's now made it's way to the country's busiest airport. Qantas customers flying in from New Zealand's Queenstown or Auckland on Wednesday were able to complete a digital declaration through the airline's app before their flight instead of filling out an arrivals card. The trial has been running at Brisbane Airport since last year and has been warmly welcomed by the aviation industry and passengers. 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