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Conference urges African countries to embrace e-commerce to accelerate trade

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A virtual import and export conference and exhibition opened on Tuesday with the Zambian government urging African countries to embrace e-commerce to accelerate trade.

The two-day event, hosted by the Zambian government in collaboration with the private sector, is a flagship networking platform aimed at promoting intra-Africa trade on the African continent.

It has brought together business players and technocrats from different African countries to promote imports and exports.

Zambian Minister of Commerce, Trade and Industry Christopher Yaluma, said the world was changing which necessitated a change in the way of doing business.

According to him, the advent of COVID-19, which is discouraging physical contacts, requires that businesses embrace e-commerce to compete favorably on the international market.

“Connecting Africa through e-commerce requires massive investments in Information and Communication Technology (ICT) infrastructure, adding that enhanced use of e-commerce will contribute to a reduction in business costs.

“ Africa has untapped natural resources that need to be exploited in order to enhance economic development, adding that e-commerce will play a vital role in creating markets,” he said.

Zambia, he said, was already embracing e-commerce which saw the country launching an e-portal recently aimed at providing business opportunities for investors.

He noted that there was a need to create business linkages among industries within the region as they have the potential to accelerate economic development.

Being held under the theme “Connecting Africa through Trade and E-commerce’’, the event has attracted over 1,000 participants and about 100 exhibitors.

It will host a range of activities including business to business forums with local and international speakers, as well as business meetings using the latest technology and trade matching opportunities.

Edited By: Halima Sheji/Isaac Aregbesola
(NAN)

Sheji Halima

Sheji Halima: NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.ng. Disclaimer.

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