He noted that e-commerce has numerous advantages over traditional platforms because it can provide visibility for small scale producers to global markets.
"However, for the small business community to benefit they need to develop products that are of global standards," he said.
Kituyi said that Kenya, South Africa and Nigeria lead the continent in the performance of e-commerce as they have all recorded approximately 6 percent of overall trade as being conducted in digital platforms as at the end of 2017.
He said that Kenya has one of the most advanced mobile money payments systems in the world with about 85 percent of adults having a mobile bank accounts.
"However, high financial inclusion is not a sufficient condition to catalyze e-commerce especially in the rural areas that lack physical infrastructure to provide efficient delivery systems," said Kituyi.
Kiyuti who is also a former Kenyan trade minister decried the lack of domestic e-commerce platforms in the continent.
He said that local e-commerce platforms are likely to show more fidelity to local producers and boost domestic productivity as opposed to foreign players that have a bias towards selling more international goods locally.
Kituyi noted that it is not too late for Africa to catch up to the rest of the world in digital commerce because the region has the intellectual capacity to do so.
"What is required is dialogue between private sector, government and academia on the right policies required to be implemented," he added.
【国际英语资讯:UN urges Africa to develop regulations to spur e-commerce growth】相关文章:
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