Afreximbank Steps Up Efforts to Promote Factoring in Africa During IATF2025

Posted on by africanretailteam | 2004 Views | 15 min read

Algiers, Algeria –African Export-Import Bank (Afreximbank) is promoting uptake of factoring, an innovative supply chain financing tool that allows Small and Medium-sized Enterprises (SMEs) to sell their unpaid invoices to immediately access working capital, in Africa. On the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) in Algiers, Algeria, Afreximbank held a Factoring Exposition

Jumia Launches BNPL in Algeria, Partnership with Diar Dzair

Posted on by africanretailteam | 8429 Views | 5 min read

Jumia, Africa’s leading e-commerce platform, has teamed up with Algerian finance provider Diar Dzair to roll out Buy Now, Pay Later (BNPL) services for customers across Algeria. This strategic collaboration is designed to make online shopping even more accessible, offering shoppers the flexibility to split their payments while encouraging greater use of digital financial services.

AliExpress Elevates Online Shopping in Africa with More Local Payment Options

Posted on by africanretailteam | 19198 Views | 7 min read

AliExpress, an international online retail marketplace, announced today a significant expansion in its payment options for shoppers across Africa to elevate online shopping in the continent. This initiative follows AliExpress’ introduction of various local mobile payment methods last year, which was welcomed by consumers seeking better access to global products. Starting this March, AliExpress has