E-Business
Empowering Women for Trade Through Digital Technology
A report by PriceWaterCoopers has said that women account for 41 per cent ownership of micro-businesses in Nigeria, with 23 million female entrepreneurs operating in the segment.
The United Nations Informal Sector Development and the Bank of Industry statistics stated that women constitute a higher number of Nigeria’s informal workforce found in agriculture, food and beverages, retail, textiles and cross-border trade.
World Bank’s Managing Director of Development Policy and Partnerships, Mari Pangestu, not long ago disclosed that trade has been an engine of poverty reduction over the past 30 years and that trade can expand women’s role in the economy, as well as reduce gender gap if women are given more opportunities.
Globally, technological advancement is lifting many more women out of poverty, helping them climb up the career ladder and assume leadership roles across different spheres through acquisition of flexible career skills as well as achieving a work-life balance.
In Nigeria, for instance, B2B e-commerce platforms are emerging as a strong force for bolstering the growth of the Nigerian informal retail segment.
In response to the rising global advocacy for equal opportunity for women in the tech space, Alerzo, a business-to-business e-commerce platform has been promoting technology as a potent tool for gender parity by building technology products that alleviate the burden of informal retailers, majority of whom are women.
By expanding access to an array of tech solutions, the B2B e-commerce platform and others are enabling women operating in the largely female-dominated Nigeria’s $100 billion informal retail segment side-step limiting barriers that previously inhibited their capacity, growth and sustainability.
The significance of women was further amplified at the recent World Trade Organisation (WTO) Public Forum 2022 in Geneva, Switzerland, with submission that adoption of digital technology for trade was a factor for achieving economic integration and sustainable development on the continent.
The forum in particular harped on the peculiar challenges that African women encounter in relation to harnessing the potential of digital innovations, and advocated increased commitment to advancing the cause of women in the tech space.
For instance, President of Borderless Trade Network (BTN), Dr. Olori Boye-Ajayi, while stating that her organisation collaborates with various agencies to support women and make trading and businesses easier for them by leveraging technology, emphasised the need to create fair opportunities for women in trade, especially in accessing digital tools.
Some of the challenges retail and micro businesses in Nigeria face generally include access to the market to source their wares as they have to travel and transport purchased goods from distant market or wholesale depots.
Many of them move around with huge cash making them susceptible to robbery attacks and other associated dangers of road travel.
Also, lack of access to funds to expand their business, absence of book-keeping and financial advice, inadequate transport and other infrastructure to support business sustainability are part of the challenges they go through. In addition to high operating costs, small retail businesses also struggle to cope with difficult social and economic terrain.
The many ways Alerzo enables Nigerian retailer include: the Alerzoshop app which allows retailers to conveniently order for goods and make payment via Alerzopay.
For retailers who are not tech-savvy, there is an option to order via a USSD code or WhatsApp. The delivery of the goods is done at no cost to the retailers.
By investing in over 400 vehicles and 20 warehouses over the last three years, Alerzo has provided warehousing and fulfilment solutions to suppliers, and delivered ordered goods at zero cost to thousands of retailers in difficult-to-reach locations across Nigeria.
‘‘For the past two years, we have delivered to informal retailers at no cost. With our delivery services, retailers save time, energy, and resources that they would have otherwise expended in restocking.
“These benefits have resulted in our retailers reducing their two to four times a week restock trips to zero,” Alerzo Group Chief Executive Officer, Adewale Opaleye, enthused.
“On our Alerzoshop retail app, we have a vast assortment available to our customers to choose from, and we offer free delivery in all the 13 states we’re currently operational. We have changed the landscape for them (retailers) through on-time delivery.’’
In an ecosystem susceptible to adulterated and substandard consumer goods, Alerzo tech solutions also assist both informal retailers and consumers in accessing authentic goods at the right price.
E-Business
Ozi Launches to Redefine $460Bn Global Package Delivery Market
Ozi (www.ozionline.com), a pioneer community-driven delivery app, launches, offering users a new way to send packages and earn extra cash.
By connecting people traveling with those needing package delivery, Ozi turns everyday trips into profitable opportunities, aiming to disrupt the global parcel delivery industry, also known as the Courier, Express, and Parcel (CEP) market, currently valued at around $460 billion.
Imagine this scenario – You’re traveling to Abuja from Lagos and have empty space in your car. With Ozi, that unused capacity can earn you extra cash by delivering a package along the way. Or maybe you’re a small business owner who needs to send a package to another state but balk at the high cost of courier services.
With Ozi, you can find a verified traveler heading in the right direction to handle your delivery, Engr. Christian Chime, Ozi’s co-founder and CEO, said during the startup launch held at Four Point by Sheraton, Victoria Island, Lagos.
“Why travel empty when you can earn?” asks Engr. Chime said. “Ozi allows travelers to make the most of their journeys while helping others get their packages delivered with ease.”
“This simple yet powerful idea leverages the daily movements of millions of Nigerians to create a logistics network that is fast, affordable, and efficient.
“Ozi’s unique approach leverages the everyday movement of travelers to bridge this gap, creating a system where everyone benefits”.
He said that the choice of Nigeria as the first launch-location for Ozi was due the potential the country holds in the parcel delivery sub-sector.
“Actually, we had the opportunity to launch OZI in another country outside Nigeria but for our thrust in the Nigerian dream and its potentials made us choose the country as the first to witness Ozi’s innovation”, Engr. Chime said.
“Travelers can now monetize their journeys by delivering packages along their routes, while senders gain access to an affordable and convenient alternative to traditional courier services”.
Ozi combines convenience, innovation, and community to deliver a win-win solution for Nigerians. From quick intra-city deliveries to long-distance trips, Ozi offers an affordable, efficient solution for all.
Whether you’re a traveler looking to earn on your trips or a sender seeking a reliable delivery option, Ozi offers a solution that works for everyone.
In the words of Azubuike Augustine, the co-founder and Chief Technology Officer of Ozi, “Ozi’s mission goes beyond simplifying package delivery. The app represents a broader effort to create shared value for all stakeholders in the logistics process.
“By connecting senders and travelers, Ozi creates a win-win scenario where costs are reduced, trust is built, and income opportunities are created”.
“Ozi prioritizes safety and transparency. Every user, whether sender or traveler, undergoes a comprehensive verification process that includes ID checks and phone number authentication. This ensures that all participants in the system are trustworthy and accountable”.
To enhance security further, the CTO said that Ozi offers real-time tracking for all transactions. Senders can monitor their packages throughout the delivery process, ensuring peace of mind. For high-value items, optional insurance coverage provides an added layer of protection, reinforcing Ozi’s commitment to reliability.
“At Ozi, we understand that trust is critical in logistics,” the Azubuike added. “That’s why we’ve built a platform where every step is designed to safeguard both the traveler and the sender.”
“Ozi is more than an app; it’s a community where everyone wins,” said Ikenna Ani, co-founder/COO of Ozi.
“From today, travelers across the globe can sign up through www.ozionline.com and start making every trip count”, he said. “We have put measures in place to ensure only genuine and verified travelers or senders use the platform. Security is primary for us”.
Ikenna added that the app will be released on Google Play Store and Apple (iOS) on January 1, 2025. Ozi Live on Instagram | Facebook.
E-Business
Ride the ‘Wicked’ Wave: Temu Brings Green Magic to Christmas
Temu is set to enchant the holiday season with its unique blend of green magic, bringing a touch of festive wonder to Christmas celebrations. The initiative, themed “Ride the ‘Wicked’ Wave,” promises to deliver an unforgettable experience, combining technology, entertainment, and commerce to create a magical holiday atmosphere.
Temu’s green magic initiative aims to captivate audiences with a variety of festive offerings, from fashion to home decor, handmade crafts, beauty items, chic clothes, shoes, and more.
The platform’s innovative approach ensures that customers can enjoy a seamless shopping experience, with free shipping on all orders1.
As part of the celebration, Temu has also introduced a magical winter Christmas backdrop, perfect for creating a festive ambiance at home.
This backdrop, made from high-quality polyester, is designed to bring the spirit of the season to life, making it an ideal addition to any holiday decor.
With its commitment to providing exceptional products and services, Temu continues to set new standards in the e-commerce industry, ensuring that customers can enjoy the magic of Christmas in style
E-Business
Kaspersky Cybersecurity Experts Warn of Evolving Holiday Scams
With the holiday season here, it’s not only a time for magic and celebration but also a prime opportunity for fraudsters to exploit the festive rush for gifts and bargains.
Amid the sparkle of year-end celebrations, cybersecurity experts at Kaspersky have identified several prominent scams targeting consumers across various regions and languages.
Fake holiday shops
Deceptive online stores mimic the look and feel of legitimate e-commerce sites, offering seasonal items such as decorations, gifts, and even trees at steep discounts.
These sites often appear highly localised, adapting their language and currency based on the user’s geographic location, leveraging data extracted from browsers.
Victims typically encounter these stores by following links in ads or pop-ups.
These sites aim to steal funds. Often, these fraudulent stores exist only for a short period, as they get flagged by the vendors of goods.
Free mobile data offer
This scam plays on the allure of free services, claiming to provide free mobile data valid across all major telecom providers.
In order to receive the free data, victims are required to share the promotion link with 10–15 contacts via WhatsApp, ensuring the scam spreads exponentially.
After sharing, victims are prompted to enter their personal details — name, phone number, and email — into a form.
The collected data is then sold on the Dark Web or used in other fraudulent activities.
In some cases, victims unknowingly download malware that compromises their devices, leading to further exploitation.
Holiday payments on behalf of government agencies
Fraudsters impersonate government authorities, promising fictitious payments in celebration of the holidays.
This scam has been reported in several African countries, including Kenya and Nigeria.
To receive payment, victims are directed to fill out a survey which requires personal details like name and phone number.
Once the survey is completed the user is asked to share the link to the announcement with their connections via WhatsApp.
These details are collected and added to fraudulent databases, then sold to third parties or used for phishing attacks and identity theft.
This scam exploits trust in government systems and the festive spirit of giving.
Christmas recipe scam
This scam begins with a seemingly harmless email promoting a holiday cake recipe.
Victims are encouraged to pay a small fee to access the recipe.
Once payment is made, the victim’s credit card information is stolen. The fraudsters also collect other personal information essential for accessing banking services.
“Holiday scams are not a new phenomenon, but they have evolved to become increasingly sophisticated, leveraging regional traditions and technology to exploit unsuspecting victims.
The rush of the holidays makes people more vulnerable — they’re distracted, eager to grab a deal, or trust promotions that align with festive themes. Cybercriminals are not just stealing money — they’re building massive databases of personal information that fuel future fraudulent schemes.
The holiday season is a time for joy and giving, but users need to remain vigilant to ensure they’re not unknowingly giving fraudsters the tools to exploit them further,” said Olga Svistunova, Senior Web Content Analyst at Kaspersky.
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