KenTrade has entered into a consortium partnership with Cellulant, Ecobank and GAINDE 2000 to allow importers and exporters to enjoy premium services on the TradeNet system.
TradeNet system is an online platform serves as a single entry point for parties involved in international trade and transport logistics.
Speaking at the signing ceremony held at Cellulant offices in Nairobi, Akshay Grover, Cellulant’s Acting Chief Executive Officer, noted that the partnership with KenTrade will drive digital payments adoption in all sectors.
“Africa has tremendous resources, and facilitating easy movement of import and export goods will increase intra-Africa trade and give the continent a share of the world trade. This partnership is one step towards this growth, and we are happy to unveil our digital payments platform as more customers look to pay seamlessly for their goods and services,” said Grover.
The payment gateway will allow for Partner Government Agencies to monitor and validate the payments in real-time, according to KenTrade Chief Executive Officer Amos Wangora.
“KenTrade and GAINDE 2000 embarked on a strong collaboration since 2012 with the launch of the single window implementation in Kenya. This has followed the long presence of GAINDE 2000 in Kenya supporting Kenya Revenue Customs Management System and Revenue Collection systems (SIMBA and CCRS),” said Gainde 2000 Senior Executive Director Business Development and International Affairs Mortalla Diop.
KenTrade has Approximately 130 Partner Government Agencies that will now be able to pay digitally. Through Tingg, Cellulant’s Digital Payments Platform, customers will access additional payment options such as mobile money, mobile banking and merchant cards.
“Trade is a key component of our business across our 33 operational countries in Africa. Through our vast geographical footprint and supported by our robust and innovative digital solutions, we aim to partner with like-minded players to provide solutions that facilitate trade by boosting revenue generation and embracing digitisation to enable real-time revenue collection and convenience to all customers,” said Cheick Travaly, Ecobank Kenya Managing Director & Regional Executive Central, Eastern and Southern Africa.
Read: >>> Insurers back KenTrade’s Single Window System
>>>Ecobank lists Sh64 billion Eurobond on London Stock Exchange
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