ADF grants $1.5 mn to strengthen e-com policy environment in Africa

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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 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 funds, sourced from the African Development Fund (ADF), the bank’s concessional window, will go to the Smart Africa Alliance.

Smart Africa will consult public and private sector actors to develop an online training program that will directly benefit 600 stakeholders (comprising of government officials, small and medium enterprises, private sector mobile network operators) and indirectly benefit another 2,500, an AfDB press release said. 

Fibre2Fashion News Desk (DS)





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