Coffee Leaps to International Market Through E-Commerce

Jan 7 , 2023


[ssba-buttons]

Coffee is about to be offered to the international market through e-commerce through a US company dubbed Cropconnex. The company has obtained a license to market through an electronic platform. The Ministry of Innovation & Technology and Cropconnex made a joint statement regarding preparing to supply coffee to the international market. State Minister Huria Ali said that organizations are entering into electronic business by taking advantage of the opportunity. "Cropconnex", an electronic trading system company based in San Francisco, US, said it will provide coffee through e-commerce. Huria announced that the electronic trading system would connect coffee producers and exporters directly with the consumer, creating an opportunity to find new markets in areas where Ethiopian coffee is not accessible and promote it. The State Minister said the system would also support other organizations engaged in the business sector. She also confirmed that the company complies with the provisions of taxpayers and electronic communication. Huria said that the role of instant messaging service providers in electronic commerce should be recognised. The company's owner, Brianna DeKay, said that the system would help organise and promote coffee producers and sell coffee to local and international buyers. She added that since the coffee business is proliferating, the electronic marketing system will help integrate sales and supply.


Radar

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was signed yesterday at the Bank's headquarters. The deal aims to strengthen collaboration between the two institutions, enabling cooperative members to access tailored banking services. It was signed by Wosenyeleh Abera, Deputy CEO for Customer Relations and Marketing at the bank, and Zelalem Yilma...


Radar

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment tracking system. By integrating SWIFT Global Payment Innovation, customers, particularly those involved in import-export trade, can monitor cross-border transactions using a Unique End-to-End Transaction Reference (UETR) directly from their smartphones. To use the service, customers select the SWIFT...


Radar

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the institution has extended its expertise beyond national borders, a sign of growing recognition for its rapid progress. Program officials described the partnership as a milestone in their effort to position themselves as a regional player in digital transformation. The collaboration is expected to center...