GROWTH DOMESTIC PRODUCT AND E-COMMERCE

Growth Domestic Product is the key factor in generating financial independency.Transaction can only be made if people are pontential buyers.According to AYITTEY G;(2005:5) " The report noted that while most of the World's economies expanded in the 1990s people in 54 developping countries had become poorer; the majority of these countries were in Africa.The number of poor in africa, defined as those making less than a dollar a day, has increased sharply in both relative and absolute terms. The absolute number of poor in africa has grown five times more than the figure for Latin America, and twice that for South Asia. For example in 1995 the population of Africa was estimated to be 580 million. Of these, 291million people had average income of below one dollar a day in 1998"From these passage we can confirme that apart e-commerce trade, half african population can not even trade using the traditional system. How can people with below one dollar a day purchase what they need ?. Purchasing on line in Africa is too far like the distance between the moon and the earth, there is still a long way to go. A part the pauverty illiness, Africa's states face numerous desasters such as:
- HIV/AIDS
- Malaria
- High rate of infants mortality,...
It's clear understood that the money that people set aside for these kind of deseases ought do something else.