Tag: alibaba group
At the inaugural Nigeria Digital Economy Summit, Co-founder of Alibaba Group, Jack Ma, spoke on the direct relationship between African entrepreneurs and the continent’s economy. He joins CNBC Africa to highlight the benefits of empowering entrepreneurs to Africa.
Chinese conglomerate Alibaba Group has extended its partnership with Rwanda and pledged to increase imports from the country. The government of Rwanda agreed to continue its membership in the Electronic World Trade Platform (eWTP) for another three years. Also Rwanda has agreed to take in hundreds of African migrants who are currently being held in Libyan detention centres. To share more on the headlines this week, Journalist, Collins Mwai at The New Times Rwanda joins CNBC Africa for more.
2019 is a big year for Alibaba. The Chinese e-commerce giant is celebrating its twentieth anniversary and its high-profile founder Jack Ma, is stepping down as chairman.
The Africa Netpreneur Prize Initiative is Jack Ma’s flagship entrepreneur program in Africa led by the Jack Ma Foundation, with a mission to identify African entrepreneurs and tell their stories to inspire the continent and beyond. Application for the program opened in March, where ten finalists from across the continent will be chosen to compete for a share of $1 million dollars in total grant prize money in November. Joining CNBC Africa for more is Jason Pau, Chief of Staff for International to Jack Ma, Alibaba Group Executive Chairman.
Rwandan government and Chinese e-commerce giant Alibaba Group recently launched the first ever Electronic World Trade Platform in Africa which aims, among others, to enable Rwandan products to be sold directly at the Chinese market and promote the country’s tourism. In this report, CNBC Africa’s Steven Muvunyi finds out what the deal means for local businesses.
The Rwanda government and Alibaba Group launched the first ever Electronic World Trade Platform in Africa opening doors for small businesses in Africa to take part in cross-border electronic trade. President Paul Kagame and Alibaba group founder, Jack Ma shared their thoughts.