ETHIOPIA SECOND IN AFRICA TO JOIN ALIBABA-LED EWTP

The Ethiopian government on Monday signed three agreements with Alibaba Group to join the Electronic World Trade Platform, an Alibaba-led initiative that aims to lower barriers to global trade for small and medium-sized enterprises through e-commerce.

The eWTP hub, the second in Africa after Rwanda, will serve as a gateway for Ethiopian products to China and new markets, as well as offer support in smart logistics and fulfillment, and talent training, the e-commerce giant said.

“Today’s signing of the Ethiopia eWTP Hub is an important step in the development of a digital economy in Ethiopia,” said Getahun Mekuria, Ethiopia’s minister of innovation and technology. “This engagement will greatly contribute to trade facilitation and open markets to SMEs not only in Ethiopia but in the wider region.”

Source: www.alizila.com