
African Development Fund (ADF) and Smart Africa Alliance have announced the launch of a $1.5 million project aimed at harmonizing digital trade and e-commerce policies across 10 African countries. The Institutional Support for Digital Payments and e-Commerce Policies for Cross-Border Trade Project (IDECT) is expected to streamline digital trade and e-commerce ecosystems in Benin, CΓ΄te d’Ivoire, Democratic Republic of Congo, Ghana, Liberia, Republic of Congo, SΓ£o TomΓ© and PrΓncipe, South Sudan, Uganda, and Zimbabwe.
The IDECT project will assess policy gaps in digital trade and e-commerce across the participating countries and provide regional training and capacity building programs on cross-border e-payment and e-commerce for governments, private sectors, and Small and Medium Sized Enterprises (SMEs). The training programs are expected to reach 600 participants, of which 60% will be women and youth. The project also aims to develop and disseminate a gender-sensitive e-learning training program to 2,500 participants, of whom 60% will be women.
The agreement for the IDECT project was signed on April 25, 2023, a day before the Transform Africa Summit, held in Victoria Falls, Zimbabwe, from April 26-28, 2023. African Development Bank Director General for Southern Africa Region, LeΓ―la Mokaddem, noted that the IDECT project is a critical step towards strengthening Africa’s digital trade and e-commerce landscape. She added that the initiative would foster a digital trade ecosystem that generates employment opportunities across the continent.
Smart Africa CEO, Lacina KonΓ©, described the IDECT project as a demonstration of the alliance’s commitment to fostering digital transformation and economic growth in Africa. He stated that addressing policy gaps and promoting gender-sensitive training was laying the foundation for a thriving trade and e-commerce ecosystem.
For more information about the IDECT Smart Africa project, visit https://projectsportal.afdb.org/dataportal/VProject/show/P-Z1-G00-018
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