African Behavioral Finance (Business/Economics/Psychology crossover) | 08 November 2006
E-commerce Adoption by SMEs in Egypt: Challenges and Opportunities from an African Perspective
A, h, m, e, d, E, l, -, S, h, e, r, b, i, n, i, ,, A, m, r, M, a, h, m, o, u, d, ,, H, a, s, s, a, n, K, a, m, e, l, ,, M, a, g, d, y, A, t, t, i, a
Abstract
Egyptian small and medium-sized enterprises (SMEs) are increasingly adopting e-commerce platforms to enhance their market reach. A mixed-method approach incorporating qualitative interviews and quantitative surveys was employed to gather data from 150 SME owners across Egypt’s major cities. The survey revealed that approximately 60% of respondents faced challenges related to internet connectivity, while regulatory uncertainties accounted for nearly 40%. Consumer trust issues were also prevalent, with over 70% citing concerns about the security and authenticity of online transactions. Egyptian SMEs are poised to benefit significantly from e-commerce adoption but require targeted support in areas such as technological upgrades and consumer education. Government initiatives should focus on improving internet infrastructure, streamlining regulatory processes, and fostering a culture of digital trust among consumers. E-commerce platforms also need to invest in robust security measures and transparent pricing models.