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  • Are classified sites in Africa profitable?

    You’ve probably heard of these very popular online classified sites, Craigslist and Gumtree. Both sites offer buyers and sellers an opportunity to engage in a free and open market. With the success of these sites in their respective countries and beyond, African entrepreneurs are keying into the online classifieds market. Today, there are probably more than 20 classified sites in Nigeria alone that offer the same service, but with different business models and technical functionality. Some of the popular niche classifieds sites include Nairalist.com, Txtoweb.com, Chukslist.com, Gbogbo.com, Bunchbay.com, Kerawa.com Nigeria, and WhoGoBuy.com. In addition, other Nigerian websites also offer online classified...