Kenya, UK to use blockchain tech to free up trade logistics - News Summed Up

Kenya, UK to use blockchain tech to free up trade logistics


An initiative to free up two-way trade between the UK and Kenya was launched in London on Monday. This was through the signing of an MoU between the Institute of Export and International Trade and TradeMark East Africa at the Kenya High Commission in London. The MoU provides a framework for collaboration to implement a digital trade corridor between the UK and Kenya. Trademark East Africa CEO Frank Matsaert said that the digital trade corridor would create a transparent, efficient and cost-effective way of managing trade information. TLIP is also expected to support trade within the AFCTA growing trade within the continent and support global trade," Matasaert said.


Source: The Star July 26, 2021 19:40 UTC



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