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Jaraja e-Commerce Virtual Market Place

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www.Jaraja.com.n g Jaraja e- Commerce Limited The Digital Revolution: Trade & E-commerce in Nigeria
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Page 1: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng

Jaraja e-Commerce Limited

The Digital Revolution: Trade & E-commerce in Nigeria

Page 2: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 2

Page 3: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 3

Global Perspective

The 4th Industrial Revolution ….

• World leaders called it “the Internet of Things”… • Technically all businesses will be driven by the internet, going forward

• Davos Summit in Switzerland gave a glimpse into the future of business: The digital revolution …

• driven by new technology that will positively impact everything that we do from now on

• virtually all business will be driven by the Internet, going forward.

• From pilotless aircraft and cars (drones in Rwanda)

• to automated healthcare diagnostics and medical prescriptions (and drug fulfilments),

• driven from the convergence of the Internet and one’s smart phone.  Inspired by Sim Shagaya, CEO Konga

Page 4: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 4

E-commerce Trends • Businesses are expected to benefit from the internet, more than

any other time. About $1.5 trillion worth of e-commerce transactions are expected to be carried out in 2016.

China US UK Germany South Korea Brazil

672.01

349.06

99.3961.84 38.86 19.79

2015 Country Projected Web-sales$'bn

Page 5: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 5

E-Commerce Trends…

Online purchases are growing, although Nigerians are still cautious• Jumia, Konga, Deal Dey,

Checki, Air ticket bookings, data sites, mobile and internet banking etc..

96 million internet

subscribers, 150 million phone

lines as at January 2016 and still

counting, youthful population

Businesses are expected to benefit from the internet,

more than any other time. About $15 billion worth of e-commerce

transactions are expected to be carried out in Nigeria in 2016.

Page 6: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 6

Macroeconomic Context • The focus of the Nigerian Leadership is the relegation of the economy’s

dependence on foreign products while increasing local participation in trade and manufacturing.

• Banning of 41 items from the forex market and

• subtle devaluation of the currency for consumption purposes; while retaining the current official exchange rate for industrial purposes.

“We will no longer allow our markets to be flooded with things we can produce ourselves. We must believe in our system.” - President Buhari 

Page 7: Jaraja e-Commerce Virtual Market Place

In the News

Page 8: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 8

Key Sectors of the Economy

Characteristically, the key sectors of the economy are informal and subsistent Trade

•15% of the GDP; a significant share of total trade is informal and for subsistence; it is also highly fragmented; driven by foreign products

Agriculture•22% of the GDP, hugely informal and highly fragmented; difficulty in sourcing agro products as Nigeria’s agricultural sector is highly fragmented and dominated by small-hold farmers. •About 70 percent of Nigerian farmers are considered small scale (<2 ha), 25 percent midscale (2-10ha), and 5 percent large scale (>10ha).

Solid minerals

•hugely informal, production is subsistent. 80% to 85% of current mining activities in Nigeria is informal, via artisanal and small scale mining. •Official figures indicate that quarry activities dominate the sub-sector, however official figures are devoid of the huge, informal and small scale activities that are carried out. Nigeria has over 40 different kinds of latent solid minerals and precious metals.

Page 9: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 9

We believe Nigeria’s local production would improve when there is enough awareness about the products and they can easily be located.

How well can we improve trade – local and international, if visual information and awareness of the key products Nigerians produce are not readily available?

Page 10: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 10

What is Jaraja?

• So our e-commerce business aims to enhance and accelerate trade in

goods and services, including soft and hard commodities, produced in

select host countries in Africa, starting with Nigeria. We are focusing

on the non-oil sector including (manufacturing, agriculture, solid

minerals and services)

• We are not going to be directly involved in selling but would rather

provide a state of the art advertising platform for buyers and sellers

of commodities to showcase their products locally and

internationally.

Page 11: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 11

What is Jaraja? …

Jaraja aggregates

Nigeria’s key non-oil sector

output and services under a single roof

from inputs required for cultivation, production, mining and

processing to manufactured

outputs as well as enabling services such as storage to packaging to

warehousing and distribution.

Categories include: Inputs,

outputs: commodities -

agricultural products, solid

minerals, manufactured products and

enabling services.

We want to showcase the glories of Nigeria• We want to give a

face/identity to made in Nigerian products on the globe

• We want local and international manufacturers to connect with local suppliers

• Subsistence products aggregated (an online produce aggregation – like the groundnut pyramids of yesteryears)

Page 12: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 12

Come Join UsCome and join us drive trade growth and development with e-commerce. • Strictly made in Nigeria goods and services• Online aggregation of predominantly subsistence output

• … the new groundnut and yam pyramids• Provide strong advocacy for our outstanding and quality

products.. • The Kano-Rice, Cassava, The Aba-made leather

shoes, Advertise

All artisans, farmers, traders, women, manufacturers, crafts men, financier, freight forwarder, carrier now have the opportunity to sell their products/services on a strictly made in Nigeria platform.

Sign up your products and let people know your capacity and frequency of supply, your product features, etc.

Check out an enabling service for your business or transaction. • from sme banking to storage and

warehousing, laboratories, packaging, freight forwarding, haulage … etc.

Page 13: Jaraja e-Commerce Virtual Market Place

www.Jaraja.com.ng Made in Nigeria….For the world 13

www. jaraja.com.ng

Let us join hands to move our country forward!

Page 14: Jaraja e-Commerce Virtual Market Place

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Page 15: Jaraja e-Commerce Virtual Market Place

Thank you for your attention


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