Posted on Leave a comment

Prosper Africa launches trade alliance to drive e-commerce in Africa

Prosper Africa launches trade alliance to drive
e-commerce in Africa

The alliance is set to bring together some of the continent’s top tech firms, entrepreneurs and investors to help accelerate the growth of e-commerce and digital trade.

With the advent of technology, e-commerce and digital trade have become increasingly crucial for businesses looking to expand their reach and tap into new markets. The Prosper Africa tech alliance is set up to help African businesses leverage these technologies to grow and succeed in today’s digital economy. 

Prosper Africa has been working to strengthen trade and investment ties between the United States and Africa since its launch in 2021. The new tech alliance was launched on the sidelines of the Africa Fintech Summit.

Google, Mastercard, DHL, UPS, FedEx, Payppal, Youredi, VTEXT, eCommerce Institute, Celo Foundation, Interswitch Group, King & Spalding, Hello Tractor, The Africa Talent Company and Nextrade Group are among the alliance’s inaugural members.

You may also like...

Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
Africa-focused agribusiness investment firm AgDevCo has received a significant financial boost through an $85 million joint investment from Swedfund, British International Investment (BII), and Norfund.
The British International Investment (BII) has announced an additional $4 million investment in SunCulture, a Kenya-based company specializing in solar energy solutions and irrigation equipment.
Acumen has invested in Wami Agro, a Ghanaian agritech startup.