Welcome and Invest with Mymgeni

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Become an early bird investor in Mymgeni for a partnership,debt or equity stake.

Grow with  Mymgeni.

8. Reasons To Invest with Mymgeni:

  1. Founded , run and managed by Talented,Passionate, Entrepreneurial Team.

  2. Fast Growing Solution- Based Shopping platform that provides customers with products tailored to their needs and Customer Support.

  3. Sale of high-margin product portfolio, providing Above Average Long- Term Returns.

  4. Continuous product, technology, and service Innovation, providing a Competitive Edge.

  5. Growth of the Kenyan consumer and increased online shopping : Positive Industry Outlook.

  6. Backed by leading Financial Institutions and Logistics Service providers.

  7. Local   E-commerce Support Initiatives: launch of Kenya E-Commerce Awards and  Modern Methods of payments like DPO, Julla and Pesalink.

  8. Socio-economic impact  : Employment Creation, Reduce PollutionEconomic Development, Universal Access of Products, Efficiency for shoppers and businesses. 

 

Get  Started

                                                            

 

Executive Summary

Kenya E-Commerce Industry Outlook

 

  • Trends: ''Kenyans showing appetite for e-commerce as more consumers go online'' -Euromonitor E-Commerce in Kenya March 2020 Report

  • Market Value: ''Kenya’s e-commerce segment is worth KSh4.3bn ($47.30m) and represents the most high-potential growth channel in the retail sector ''-Communications  Authority of Kenya , 2015  

  • Revenue in the e-commerce market is projected to reach US$1,093m in 2020''. - Statista Digital Market Outlook

  • Growth: ''E-Commerce in Kenya is expected to grow healthily off the back of mobile services. '' -Frost and Sullivan Digital Market Overview : Kenya 

  • Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 19.7%, resulting in a projected market volume of US$2,243m by 2024.

  • Key Sectors: The market's largest segment is Electronics & Media with a projected market volume of US$431m in 2020. 

  • ''Considerable room for expansion  ''-Oxford Business Group 2016

  • Future : User penetration will be 29.0% in 2020 and is expected to hit 49.1% by 2024.

  • ''The average revenue per user (ARPU) is expected to amount to US$70.11''.-Statista Digital Market Outlook

 

           

Takeaways:

 1. Blue Oceans in the retail sector.

2.The industry has a higher growth rate  than the country's GDP growth rate.

3.There are more opportunities for  growth and innovation in  unexplored  market  segments .

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Contact Information

Tel:                                             
+254 720 216 788
+254 780 216 788

Mailbox : P.O. Box 62811-00200

Nairobi Kenya

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Westlands : 03 Mayfair Maisonette- Mpaka Road 

First Floor 

Opposite Donuts World 

 

Langata:    Power Pump House 

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