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ADF grants $1.5 million to Africa’s e-com policy environment to strengthen
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ADF grants $1.5 million to Africa’s e-com policy environment to strengthen

The African Development Bank Group’s board of directors approved a $1.5-million grant for the assessment of policy gaps in the digital trade, e-commerce ecosystems, and policy environment in ten African countries. The funds, sourced from the African Development Fund (ADF), the bank’s concessional window, will go to the Smart Africa Alliance.

The Smart Africa Alliance is an alliance of 32 African countries, international organisations and global corporations with a vision to create a single digital market in Africa by 2030. 

The project will cover Ivory Coast, Benin, Ghana, Liberia, Uganda, South Sudan, Zimbabwe, The Republic of Congo, Sao Tome and Principe, and the Democratic Republic of Congo.

The board of directors of the African Development Bank (AfDB) Group recently approved a $1.5-million grant to assess policy gaps in the digital trade and e-commerce ecosystems and policy environment in 10 African countries. The Smart Africa Alliance will receive the funds, which were sourced from the African Development Fund, the bank’s concessional window.

Smart Africa will consult the public and private sector to develop an online training program. This will directly benefit 600 stakeholders (government officials, small and middle enterprises, private sector network operators, and private sector mobile network operators), according to an AfDB press release. 

Fibre2Fashion News Desk – DS

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