Rwanda Launches Alibaba's EWTP

Added On November 3, 2018

China's e-commerce giant Alibaba and the government of Rwanda have jointly launched Alibaba's Electronic World Trade Platform, also known as the eWTP.
This makes Rwanda the first African country to launch the platform.
Under the framework of the eWTP, the two sides signed Memoranda of Understanding on Wednesday in the areas of e-commerce, tourism, e-payment and capacity building.
The eWTP initiative aims to promote public-private dialogue to foster a more effective and efficient policy and business environment, enabling small and medium-sized enterprises to participate in cross-border electronic trade.
Alibaba will work with the Rwanda Development Board, to help Rwandan small and medium-sized enterprises sell their products to Chinese consumers through Alibaba's online marketplaces.
SOUNDBITE(ENGLISH) JACK MA, Executive Chairman of Alibaba Group
"I hope from today, the eWTP?Rwanda can be able to support small businesses, young people, women here in Africa and sell their things to enable them to global buy, global sell, global deliver, global pay and global travel." 
Alibaba is also committed to providing capacity building to academics, policy makers and entrepreneurs, teaching them how to grow a digital economy.
The Rwandan minister of trade and industry said that the eWTP?comes at the right time, as the country launches its Made-in-Rwanda policy.
SOUNDBITE(ENGLISH) SORAYA HAKUZIYAREMYE, Rwandan Minister of Trade and Industry
"One example I can give, is our policy Made-in-Rwanda. We have to promote local products but also export them. I think to use that platform is really key and comfort as we have launched this policy right now and also we have our young entrepreneurs and also local enterprises who are willing to export outside by using a platform, using the technology to link it with our export priority."
Insiders have said E-commerce will help Rwanda's economic growth in many ways, including cross-border trading, saving time, reducing costs, and improving convenience.