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Thursday, June 30, 2016

Yay! eBay Finally Comes To Nigeria - Ghana And Kenya

According to reports making the rounds, popular Online shopping mall, eBay is at long last making its way to Nigeria, Ghana and Kenya.
Over the years, eBay has pointedly blacklisted
Nigeria from transacting business on their platform due to security and fraud related issues.
However, finally eBay is making a move to avail it's services to Nigeria and two other sister counties ( Ghana and Kenya).
This is set to happen due to a newly created partnership with MallforAfrica.
The partnership deal sees MallforAfrica acting as a sort of middleman between eBay and intending buyers in these African countries.

Inventories from US sellers will be bought by shoppers in Nigeria and Kenya.

Quoting Chris Folayan (MallforAfrica’s CEO) on this development :

“We are creating a unique ‘eBay Powered by MallforAfrica’ app to run on all our platforms.
When buyers in Africa shop with this app, they’ll be able to
shop on eBay, buy what they want, check out, and pay through MallforAfrica.”

With this new partnership service, eBay will become available to Nigerians in July and subsequently Kenya and Ghana will enjoy similar services.
Breaking down the working of this eBay/MallforAfrica partnership sees buyers buy stuff from eBay using their local currencies through MallforAfrica.
MallforAfrica handles shipping and goods delivery and also delivers money to the seller (in dollars).
While this is an awesome development, it is yet to be seen how the current exchange rate would affect prices of goods on offer considering MallforAfrica would be acting as middlemen.

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