In 2023, Egypt Post, the country’s public postal service provider, will introduce an online shopping platform. The ecommerce platform, known as ECOM Africa, intends to boost trade between Egypt and other African nations.

The new platform “would help and benefit large international e-commerce and online advertising companies, such as Amazon and Alibaba,” according to Egypt Post Chairman Sherif Farouk in an interview.

Egypt has been attempting to strengthen its postal trade with other African nations for a number of years. Egypt Post has created new initiatives to encourage trade between Egypt and the other States of the continent, on the one hand, and Egypt, on the other. The Egyptian Post and the Universal Postal Union (UPU) inked an agreement to this effect in 2020 to implement the Ecom@Africa initiative, which aims to advance and promote e-commerce among African Posts.

The deal intends to help Egypt, in addition to reaping the benefits of its physical location, overcome obstacles to e-commerce in Africa and transform the nation into an e-commerce hub for the continent. These goals are consistent with those of the nation because Egypt intends to grow its exports to other African nations from the present level of 5 billion dollars to 10 billion by 2025.

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Companies in the country will be able to simply sell their goods in other countries on the continent thanks to the upcoming platform. Sherif Farouk continued, “Egypt Post’s fleet will play a crucial role in getting these products to customers in other African nations.

ECOM Africa ECOM Africa

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. 
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard