Alibaba Business School, Alibaba Group’s university, last week hosted 30 Rwanda-based entrepreneurs at the company’s global headquarter in Hanghzou to learn from Alibaba’s experience and the tools needed to run successful business in the digital era.

This was the first cohort of the Alibaba ‘Netpreneur Training Program’ that aimed to assist the entrepreneurs in Rwanda in bringing a metamorphosis in their businesses for the digital era and overcome country-specific challenges.

The program is the outcome of a collaboration between Rwanda Development Board and Jack Ma-owned Alibaba. The program ensured to assist them in solving problems and issues that every business owner confronts within their local ecosystem, as reported by The New Times. Hence, it is believed to surely benefit both digital entrepreneurs and leaders of traditional businesses, spanning from tea growers and shoe manufacturing to financial technology and logistics, in seizing the opportunities offered by the digital economy.

A joint statement released by Alibaba and Rwanda Development Board stated that Netpreneur Training Program aimed to establish digital success cases that could serve as role models for other entrepreneurs and business owners across the country and even the entire continent.

“We are thrilled to be launching a programme that will impact businesses that can benefit most from the adoption of digital technology. We believe by sharing our lessons and experiences with local entrepreneurs, we can enable multiple segments of the local value chain and strengthen Rwanda’s overall capabilities to utilise e-commerce for local and international trade,” Brian Wong, AlibabaGroup’s Vice President who also heads the Global Initiatives program opined.

On the other hand, the program follows the unveiling of the first African eWTP (electronic world trade platform) hub in Rwanda in October 2018. Based on the eWTP agreement, the government of Rwanda and Alibaba are committed to work together to promote policy innovation and ensure the augmentation of digital economy in Rwanda.

Article Edited by Neo Sesinye