Egypt’s e-commerce businesses are thriving despite coronavirus – ZAWYA

Egypt’s e-commerce businesses are thriving despite coronavirus – ZAWYA

Egypt's e-commerce businesses are thriving despite coronavirus. Man using credit card for online shopping.. "What happened over the course of the last month shows that e-commerce stands a good change to grow organically in Egypt," said Hesham Safwat, CEO of Jumia Egypt , a subsidiary of a pan-African e-commerce marketplace.. According to a 2016 UNCTAD report, Egypt has the largest population of prospective online shoppers in the Arab World.. Besides cultural resistance to online shopping, companies always cite poor logistics and the low rate of financial inclusion as obstacles.. Most e-commerce transactions are paid in cash-on-delivery, which is deemed costly to e-commerce businesses.. Business to business e-commerce (B2B) platforms seem to be doing well in the wake of COVID-19..