Interswitch Group is delighted to align with
the Africa Tech For Trade Alliance, a partnership which was cemented at the
recently concluded African Tech Summit 2023 in Washington D.C, USA on the 12th
of April.
The Africa Tech For Trade Alliance (AT4T) is a
public-private partnership platform designed to promote the expansion of
ecommerce and digital trade in Africa. The initiative is championed by Prosper
Africa, the U.S. Government initiative to substantially increase two-way trade
and investment between the United States and Africa and is positioned as
Prosper Africa’s flagship tech alliance to drive e-commerce and digital trade
across Africa. This alliance brings together some key global corporations, a
selection of the continent's top tech firms, entrepreneurs, and investors to
help accelerate the growth of e-commerce and digital trade with a focus on
Africa.
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. In a statement from Prosper Africa, the
AT4T is essentially set up to help African businesses leverage technology and
cross-continental collaborations to grow and succeed in today's digital
economy.
According to Chris Folayan, Interswitch Group’s
Head of International Growth, “we’re extremely bullish at the opportunities for
accelerating the growth of e-commerce and digital trade across the crucial
Africa-America corridor, and we’re delighted to collaborate with
forward-thinking partners such as Prosper Africa, USAID as well as like-minded
technology players and investors to help African businesses leverage these
opportunities to grow, expand and succeed.”
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, where Interswitch joined the inaugural meeting of the alliance
alongside other like-minded partners. Through this session, among other
strategic objectives, Interswitch interacted with a host of U.S. companies and
investors, with a view to encouraging investment in Africa’s sectors.
The #AT4T promotes dialogue and implements
activities across thematic areas such as Payments and Finance, Skills
Development & Trade Facilitation Logistics.
In March 2023, in a similar vein, Interswitch
featured at the 2023 African Diaspora Network Symposium in Mountain View,
California.
At Interswitch, we remain excited about these
amazing connections and opportunities for cross-continental partnership and
collaboration, as we continue to inspire Africa to greatness through
innovation, value-creation and excellence.
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