A trilateral MOU between the Ethiopian Artificial Intelligence Institute, Alibaba Group’s Whale Cloud, and Kehali Strategic Advisory have been signed to facilitate e-commerce in Ethiopia.
A trilateral MOU between the Ethiopian Artificial Intelligence Institute, Alibaba Group’s Whale Cloud, and Kehali Strategic Advisory has been signed to facilitate e-commerce in Ethiopia. Whale Cloud is a leading data intelligence technology company and Alibaba’s Cloud Channel partner. The collaboration under the MOU, allows Whale Cloud to implement technologies for its partner Alibaba to start its e-commerce business in Ethiopia. The MOU also allows Alipay and adoption of latest technologies, and share the cost of infrastructures and experience in Ethiopia.
The Ethiopian Artificial Intelligence Institute will provide a data center to create and ensure reliable data protection for Whale Cloud of Alibaba. The mandate for Kehali includes facilitating payment channels, promoting the tripartite agreement, and negotiating with banks to help modernize the banking system and the financial sector.
Artificial Intelligence Institute Director-General, Worku Gachena said that the collaboration will benefit Ethiopia in developing its digital economy under the expert guidance of Whale Cloud and Alibaba.
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East Africa and West Africa Whale Cloud Senior Sales Director, Ezra Yi announced that the company will offer professional services and professional technologies to help all Ethiopian telecoms, banks, financial companies, or start-ups to build a digital future for Ethiopia.
