Egypt registers internet growth, shows ecommerce potential

Wednesday 25 June 2014 13:13 CET | News

Egypt has started to register significant growth in the digital space, at higher rates compared to OECD and other MENA countries, according to a recent study.

An e-Intensity Index report by the Boston Consulting Group reveals that Egypt has been surpassing Saudi Arabia, the United Arab Emirates and average OECD countries in terms of internet e-intensity.

According to a research conducted by Jumia, an Africa-based ecommerce retailer, ecommerce is one of fastest growing industry segments as well as one with the largest potential opportunities for economic growth. It’s a market that is expected to grow by 36% in 2016.

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Keywords: Egypt, internet growth, ecommerce, Jumia, OECD, MENA
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce