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Eunice Learns How To Run An Online Store In 8 Easy Ways

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Eunice Learns How To Run An Online Store In 8 Easy Ways

Hey there! I’m Mark, your incorrigible tech lover who loves to write in his diary: “Eunice Learns How To Run An Online Store In 8 Easy Ways.”

How many of us have done really weird and out of the box things for love?

Mine wasn’t love exactly. But it definitely was profound admiration. The kind that caused my heart to race.

Typically, Sunday afternoons in my vicinity are characterized by tranquility, unless there happens to be some festivity or gathering taking place. Today was no exception; it was quiet in every sense of the word. The power outage that had persisted since morning – at least until I left for church – contributed to the stillness. I decided to say no to the boredom and ambled to my friend’s house in the next street. At least we could watch the evening match between Chelsea and Arsenal. Little did I know I was going to see a walking goddess. Eunice. In the garden of life, she’s the most exquisite rose, with petals as soft as dawn’s first light. Her eyes, like twinkling stars, left me in awe. Her elegance could cause even monks to turn and stare in admiration. In her presence, I found poetry and romance, and I realized that beauty, in all its glory, had taken the form of a lady. Regrettably though, she was only visiting her cousin (my friend) and flying back to Abuja later that afternoon. We exchanged pleasantries and she complimented my fragrance. As soon as she left, I lost interest in the Chelsea and Arsenal match and immediately bombarded my friend with a barrage of questions about her life. To my surprise, she recently graduated from school and harboured a strong desire to launch an online store, but lacked knowledge on how to proceed. As soon as I heard this, I knew it was my chance to shoot my shot. Without hesitation, I requested her email address so that I could draft a letter of advice for her startup endeavor – what better way to connect with her?

 

Here’s a sneak peek of my love letter:

“My dear Eunice,

I am Mark. We had the pleasure of meeting briefly at your cousin’s abode last week. I hope this message finds you well? Please pardon my intrusion into your privacy but after observing your charming personality during our short conversation, I couldn’t resist mentioning you to your cousin. Congratulations on your recent academic achievement! Your brilliance is matched only by your beauty. Your intention to run an online store has piqued my interest, and I would be delighted to offer some guidance in eight succinct steps that will aid you in launching and managing a successful e-commerce platform.

  • Choose Your Niche And Know Your Competition: To run a successful online store, choose a niche and research your competition. Find in-demand products, price them strategically, and create a comprehensive business plan. Identify your target audience through buyer personas and customer surveys. Choose the right products and business model for your budget and fulfillments preferences. Balance profit margin with customer affordability to stand out in a competitive market. A well-thought-out strategy and understanding of your niche and audience are key to success in e-commerce.
  • Choose The Right Sales Channels: Choosing the right sales channels is crucial for your online business. Consider having your own online store for higher profit margins and valuable customer data. Online marketplaces like Amazon and Etsy offer exposure but come with fees. Facebook Marketplace can be powerful but has transaction fees. Social media platforms can drive sales through engagement, and B2B is ideal for bulk selling. PEPPA platform offers secure transactions through an escrow service for smoother exchanges. I saved the best for the last. You can sell your products on the PEPPA platform. PEPPA is an excellent escrow service that acts as a neutral intermediary, holding the funds of a buyer in trust until both parties fulfill their obligations. PEPPA ensures trust and security, reducing the risk of fraud and disputes, and facilitates a smoother exchange of goods or services in e-commerce. You can create an account and download the app. Then make use of the PEPPA ONLINE STOREFRONT to sell your products.
  • You Can Create your online Store: An online store provides shoppers the opportunity to purchase products through web browsers or mobile apps. To ensure success, it’s crucial to start with the basics. Create essential pages like product listings, an ‘About’ section, ‘Contact’ details, and an ‘FAQ’ to instill trust in potential customers. Think of your online store as a physical shop on a busy street. Just as a captivating storefront attracts in-person shoppers, your website’s design, user interface, and overall user experience are equally vital in the digital world. Make sure your website design is responsive, accessible, and visually appealing across various devices. Prioritize intuitive navigation with clear categories, search bars, and organized menus to guide visitors efficiently. High-quality imagery showcasing products from multiple angles enhances the online shopping experience. In order to achieve these, you can get a programmer to create a website for you.
  • Efficient Inventory Management: This is the core of e-commerce success. Invest in inventory management software for real-time tracking, which prevents overselling and backorders. Additionally, leverage data and market trends for demand forecasting, and cultivate strong relationships with suppliers to maintain a steady product flow and minimize shortages.
  • Set up Smooth Payment Options: To ensure the success of an online store, it is important to provide customers with multiple payment options, including credit cards, digital wallets, and buy-now-pay-later choices. Among these options, credit and debit cards are most favored by shoppers. In addition to this, integrating digital wallets can streamline purchases while guest checkout features reduce friction for first-time buyers.
  • Set Up A PEPPA Account: With the prevalence of online scams, the establishment of trust with customers is pivotal when running an online store; hence security measures must be implemented effectively. PEPPA is very ideal in this regard. Naturally, the high rate of online scams has made it difficult for buyers to trust sellers online. This should be a discouraging factor, but thanks to PEPPA, you can get your buyers to trust you easily. All you need do is create a PEPPA account and download the app. Intimate your buyers of PEPPA’s presence and watch how they easily trust your brand. PEPPA turns hesitant customers into your loyal marketers!
  • Choose And Be Clear On Your Shipping Methods: When it comes to shipping, meeting modern customer expectations is crucial. Customers often expect fast and free shipping, and if you don’t meet those expectations, they might abandon their purchase. To address this, ensure your shipping and return policies are transparent and easy to understand. Display shipping costs upfront and provide estimated delivery times. Offering a lenient return policy can enhance customer confidence. Evaluate different couriers, packaging materials, and shipping zones to reduce costs. However, for businesses eyeing international markets, a well-planned international shipping strategy is imperative. This strategy involves deciding where you’ll ship, understanding the rules and regulations of each destination country, and assessing the costs involved in delivering products to customers across borders.
  • Promote your Store: Once you’ve solidified your product offerings and the logistics of how these products will reach your customers, it’s crucial to establish a sound e-commerce marketing strategy to spread the word about your online store. To enhance the visibility of your online store, prioritize social media platforms and produce premium content. Construct a comprehensive advertising plan and leverage CRM to tailor the shopping journey according to individual preferences. Customer Relationship Management (CRM) is a valuable tool for gathering and analyzing customer data. Employ chatbots and email marketing campaigns for prompt customer support, thereby fostering engagement among customers. It is also very necessary that you establish a robust email list as it is key to the success of your online store.

These steps are not arbitrary but they definitely will go a long way in helping you set up your online store! Don’t forget to create an account with PEPPA, they are ideal for building trust with your customers when it comes to e-commerce transactions. I trust you will do remarkably awesome and I wish you all the best in this endeavor.

Warm regards,

Mark.”

Eunice successfully started her online store and is doing incredibly great! Thanks to my advice and PEPPA, she gained good traction right from the early days. The only sad news is she’s married with a boy and I’m not the groom.

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BUSINESS

African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

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African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

The African Development Bank (www.AfDB.org) and the government of Chad have signed a grant agreement worth $44.9 million to finance the asphalting of the 49.5-kilometre Kyabé-Mayo section of the Kyabé-Singako road, including the construction of a 55-metre bridge.

The agreement was signed in N’Djamena on 19 February 2025 by Tahir Hamid Nguilin, Minister of State for Finance, Budget, Economy, Planning and International Cooperation, and Claude N’Kodia, the Bank’s Acting Representative in Chad. Several members of the Chadian government were also present, including the Minister for Infrastructure, Access-Improvement and Road Maintenance, Amir Idriss Kourda, and the Secretary of State for Finance and Budget, Ali Djadda Kampard. Also present was a delegation from the International Monetary Fund, led by its head of mission for Chad, Julien Reynaud,

African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

The funding will support one of the Chadian government’s key development objectives through strategic infrastructure improvement.

“The [Moyen-Chari] region, including Kyabé, Singako and Am Timan, has strong economic potential. It is Chad’s main agricultural basin and livestock area, rich in fish resources. Fish are supplied from Moyen-Chari to a large part of the country’s south and even to foreign markets,” stated Nguilin, also the Bank’s Governor for Chad.

The road project will open up southern and eastern regions of Chad, reduce vulnerability, and strengthen the resilience of local populations, especially women and young people. It will improve the transportation of goods and people between Kyabé and Singako by providing an all-weather road, facilitating the flow of agricultural and animal products from the rich areas of Moyen-Chari and Salamat to the consumer centers of Sarh, Moundou, N’Djamena and Abéché. It will also enhance accessibility to Moyen-Chari from neighboring Sudan.

The agreement paves the way for support from the Islamic Development Bank to finance the second section of the 205-kilometer Mayo-Singako-Am Timan at an estimated cost of $275.5 million.

“The African Development Bank is a strategic partner of Chad, particularly in the transport sector. The construction of the road section will reduce the overall cost of transport in Moyen-Chari […] and improve the living conditions of local people thanks to easier access to health and education facilities and to the country’s main consumer centers,” said N’Kodia.

The Kyabé-Mayo section of the Kyabé-Singako road is one of the missing links in the N’Djamena-Moundou-Sarh-Kyabé-Am Timan-Abéché corridor and forms part of the priority structuring network that the Chadian government aims to develop to ensure nationwide coverage and permanent accessibility.

The African Development Bank Group remains a strategic financial partner for Chad, with its strategy paper focusing on two priority pillars: developing infrastructure to achieve strong and diversified economic growth and promoting good governance to increase the effectiveness of public action and the attractiveness of the economic environment.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).
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BANKING

The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years

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The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years

The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB), has reinforced its position as a key player in the Islamic syndications market, achieving prominent rankings in the 2024 Bloomberg and Refinitiv League tables.

The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years

The International Islamic Trade Finance Corporation (ITFC) Maintains Leadership in Global Ranking of Islamic Syndications for 4 Consecutive Years

For the fourth consecutive year, the ITFC top-tier performance reflects a strategic focus on delivering impactful trade finance solutions. For 2024, Refinitiv ranked ITFC as Globally # 1 Bookrunner and Mandated Lead Arranger (MLA) in their Islamic Syndications League table. Additionally, and Bloomberg also ranked ITFC among the top Bookrunners and MLA in the Islamic Syndications League table. These rankings are a testament to the ITFC ability to consistently deliver value-driven results and maintain a strong position among leading international and regional financial institutions.

The recognition from Refinitiv and Bloomberg confirms that ITFC is a key player in facilitating trade among OIC member countries. This not only reaffirms the ITFC status as the pre-eminent provider of trade solutions but also underscores its remarkable ability to draw investments from a wide spectrum of global investors and financial institutions.

Additionally, it emphasizes the positive impact on the lives and livelihood of people inherent in the ITFC business operating model, demonstrating its effectiveness in meeting the unique financial needs of OIC member countries.

The Refinitiv and Bloomberg League tables rank banks and financial institutions based on their performance in loan syndications, bonds, and mergers and acquisitions (M&A) transactions. The rankings, including arrangers, bookrunners, administrative agents, and advisors, are published quarterly and annually.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).
About the International Trade Finance Corporation (ITFC):
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving socioeconomic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided more than US$83 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity building tools, which would enable them to successfully compete in the global market.
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BANKING

Network International appointed as Payment Processing Partner by MTN Group Fintech

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Network International appointed as Payment Processing Partner by MTN Group Fintech

Network International (Network) (www.Network.ae), a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor – Issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider. This partnership marks a significant extension of Network’s portfolio of issuer processing collaborations throughout the African continent.

Network International appointed as Payment Processing Partner by MTN Group Fintech

Network International appointed as Payment Processing Partner by MTN Group Fintech

With a footprint spanning over 50 countries and serving over 250 financial institutions, Network International brings its expertise to this partnership which will enhance MTN Fintech’s cutting-edge mobile services and provide even greater value to stakeholders and customers across Africa.

The partnership will focus on rolling out card issuance products across key MTN Fintech markets, starting with Rwanda which is already operational. Soon   Uganda, Ivory Coast, and Nigeria will also be covered under this collaboration.  Network International will provide a comprehensive range of services, including transaction processing, card management and online fraud prevention. MTN Fintech users will benefit from a seamless experience accessing both traditional mobile services and innovative digital payment solutions.

Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing at Network International commented: “Our collaboration with MTN Group Fintech marks a major milestone for our outsourced payments services in Africa. It demonstrates our ability to successfully serve Mobile Network Operators (MNOs) via our fully-fledged processing solutions and our continued dedication and commitment to the African region. We are excited to support MTN Group Fintech’s growth strategy, and its business development plans across the continent.”  

Cedric N’guessan, Executive for Payment and E-commerce at MTN Group Fintech added, “This collaboration with Network International is pivotal in enhancing financial inclusion across Africa and beyond. It enables our customers to actively engage in the global economy, aligning perfectly with our strategic goals alongside Mastercard to broaden access to digital financial services across the continent.” Read More (https://apo-opa.co/43aKuII)

MTN Group provides voice, data, fintech, enterprise wholesale and API services to more than 288 million customers in 14 African markets.

Distributed by APO Group on behalf of Network International.
About MTN Group Fintech:
MTN Fintech, the platform business of MTN Group, is dedicated to revolutionising global financial services through innovative digital technology solutions. Leveraging MTN’s extensive reach and expertise in telecommunications, MTN Fintech is committed to advancing financial inclusion for all and empowering communities in Africa. With a primary focus on pioneering mobile financial services, digital payments, e-commerce, short-term insurance, and remittance capabilities, MTN Fintech strives to establish seamless, accessible, and secure financial ecosystems that shape the future of digital finance.

About Network International:
Network International is the Middle East and Africa’s largest and leading digital payments company. Our purpose is to help businesses and economies grow by simplifying payments and commerce. We operate in 50+ countries serving governments, banks, fintechs, merchants and public sector companies. We have 2,000+ employees based in our markets serving over 250 financial institutions and 130,000+ merchants.

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