Browsing: eWTP hub

The Ethiopian Prime Minister Abiy Ahmed and Alibaba Group founder Jack Ma witnessed the signing of three Memoranda of Understanding (MoU) between the Ethiopian Government and Alibaba establishing an eWTP Hub in Ethiopia.

The eWTP (electronic world trade platform) Hub is intended to enable cross-border trade, provide smart logistics and fulfillment services, assist Ethiopian small and medium-sized enterprises (SMEs) to reach China and other markets, and provide talent training.

The event was also witnessed by Alibaba Group Director and Ant Financial Services Group Chairman and CEO Eric Jing. Ethiopia aims to build a dynamic and growing digital economy that contributes significantly to overall economic growth in the country.

eWTP is an Alibaba-led multi-stakeholder global initiative promoting public-private dialogue in order to support more inclusive global trade which uses technology and policy innovation to provide greater opportunities for SMEs, women and youth.

Ethiopia is the second country in Africa to establish …