Alibaba, Rwanda launch electronic trade platform

“The Electronic World Trade Platform opens up new frontiers in e-commerce and tourism for Rwanda, and will also boost the capacity and competitiveness of our entrepreneurs and businesspeople,” President Kagame said. “Rwandan producers will be able to sell directly to a much larger set of customers than before, while bypassing costly intermediaries. This improves productivity and profitability. There really are no downsides to doing business on a global scale,” he added.

Alibaba founder Jack Ma said that Rwandan SME exporters to China will benefit from the innovative digital services provided by the platform and overcome many of the cross-border bottlenecks they experience. “Entrepreneurs in Rwanda, and elsewhere in Africa, are ready to seize the opportunities offered by the digital economy. It is up to all of us to help them succeed,” he said.

Full story: The EastAfrican



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