EAI Endorsed Transactions on Serious Games 18(15): e3

Research Article

e-Commerce in Africa: The Case of Nigeria

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  • @ARTICLE{10.4108/eai.5-1-2018.153536,
        author={E. O. Ibam and O. K. Boyinbode and M. O. Afolabi},
        title={e-Commerce in Africa: The Case of Nigeria},
        journal={EAI Endorsed Transactions on Serious Games},
        volume={18},
        number={15},
        publisher={EAI},
        journal_a={SG},
        year={2018},
        month={1},
        keywords={Africa, e-commerce index, Information and Communication Technology (ICT), internet, software, services.},
        doi={10.4108/eai.5-1-2018.153536}
    }
    
  • E. O. Ibam
    O. K. Boyinbode
    M. O. Afolabi
    Year: 2018
    e-Commerce in Africa: The Case of Nigeria
    SG
    EAI
    DOI: 10.4108/eai.5-1-2018.153536
E. O. Ibam1,*, O. K. Boyinbode1, M. O. Afolabi2,3
  • 1: Department of Computer Science, Federal University of Technology P.M.B. 704 Akure, Nigeria
  • 2: Department of Cyber Security and Information Assurance, The Graduate School, University of Maryland University
  • 3: College, Maryland USA
*Contact email: eoibam@futa.edu.ng

Abstract

Africa holds 15 % of world’s population with an across sector infrastructure investments average returns of 15 to 20%. The diverse location of people living within the continent makes intercity, interstate, or inter-country transactions difficult and where it does happens, comes with huge transaction cost. This creates a wide gap in Africa’s regional economy, resulting in wide spread of poverty, intra and inter regional conflicts within the continent. E-commerce provides a viable platform for bridging the gap in African economies. However, its adaptability and sustainability becomes a major concern. The level of development of e-commerce and its impact on the economy are analysed. Results show that e-commerce has made positive impact on the African economies but lack of trust on transactions within and from the continent is major challenge. Therefore, investment in e-commerce infrastructure in Africa (with more emphasis on Nigeria) will lead to rapid economic development within the continent.