E-commerce strategy key to small business growth in East Africa

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Ministry of Investments, Trade and Industry Cabinet Secretary Rebecca Miano (left) with Ministry of Information, Communications and The Digital Economy Cabinet Secretary Eliud Owalo launch the Kenya National E-Commerce Strategy program plan at Radisson Blue Hotel in Nairobi on December 13, 2023. PHOTO | BONFACE BOGITA | NMG

Kenya earlier this month achieved a major milestone with the launch of the National E-commerce Strategy, which is poised to reshape the nation's economy. This strategy offers numerous opportunities for micro, small and medium-sized enterprises (MSMEs), digital entrepreneurs and players in the first, middle, and last-mile service delivery.

As we approach 2024, MSMEs and entrepreneurs are encouraged to broaden their vision beyond local boundaries. The broader EAC and continental markets, with a population of 283.1 million, offer an expansive terrain for trade and commerce. The strategy is a gateway, enabling businesses to seamlessly navigate and tap into vast opportunities.

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