AliExpress, owned by Chinese e-commerce giant Alibaba, is making its way into Ethiopia. According to Abiyot Bayu, PhD, Advisor to the Minister of Innovation and Technology, an agreement has been reached, with an official announcement expected soon.
On August 7, 2024, a virtual meeting was held between Ethiopian officials and an Alibaba team led by Chandee Zhuang, Senior Advisor at Alibaba Global Initiatives. After this meeting the two sides agreed on singing an agreement. Alibaba’s entry aligns with Ethiopia’s recent reforms to attract foreign direct investment, including a new e-commerce licensing regime.
Alibaba’s arrival, though delayed, promises to boost Ethiopia’s economy, create jobs, and support local entrepreneurs. The move is also a continuation of the 2019 MoU to establish an Electronic World Trade Platform (eWTP) in Ethiopia, a key initiative by Alibaba founder Jack Ma.
Despite previous controversies, including a refuted claim by Ethiopian entrepreneur Ermias Amelga about a partnership with Alibaba, the company’s official entry into Ethiopia is almost confirmed now.
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It is a great opportunity to our country,Ethiopia to bring Alibaba E.commerce services platform as the first African country. The recent economic reform the country implemented has done great contribution to bring this business group! Bravo Ethiopia !!
Really Good opportunity for Ethiopian consumers
Is that passive income
Doing business with Alibaba is one of the great oppertunity for all us!
This is great ! Ethiopia opens the door for technology and orhers to facilitate her economic reforms
Wel come Alibaba comapnies
This is also a great oppietunity to work with alibaba for knowledge, skills and work culture transfirmation.