AFC: Kenya and China are Virtual Pals

You Can Now Import Goods from China to Kenya without a Sweat, Thanks for This New E-Commerce Platform (Amanbo)!


Importing goods from China has not been a mean feat for Kenyan traders. More often than not, one is forced to personally travel to the country to order and import goods, which impacts negatively on time and resources. But a reliable E-commerce platform has been launched to help the traders import and export goods with ease.
Amanbo, a Sino-African e-commerce platform has been for the past few years, promoting mutual trade between Kenya and Chinese traders.
E-commerce has been a rising trend in the Kenyan market, driven by the rise in technology and need for traders to acquire quality and affordable goods for their businesses. Platforms like Amanbo have opened up the market for Kenyan traders not only in the country, but to countries like China, which is currently the platforms the largest export market for the platform and also the largest source of imports for African traders.
Speaking to CNN’s Traders, a programme that airs during Quest Means Business on CNN International, Tia Peng who works in Amanbo, Nairobi highlights the opportunities available in online trading: “We think Africa, especially Kenya, is a huge market for online [trade]. Chinese electronics are particularly popular in Africa.”
The demand for African products in China is great, especially amongst the middle classes, as Peng continues to explain, stating that the platform not only focuses on bringing Chinese products to Africa, but also on selling African products to China. “ As you know, China’s population is around 1.4 billion, and zero-point-three billion is middle classes among them. So, they have a strong need for African product”
Decorative artefacts carved from Kenyan soapstone are one of the products to have found a market in China. Stephen Okari, a soapstone craftsman speaks about benefitting from the demand: “Amanbo are very important for me because when they come, they come to the Maasai Market they order from me and then sometimes they give me [a] big order.”
Amanbo’s online marketplace has been tapping in to an already strong economic bridge between China and Africa. CNN’s Traders revels that China is Africa’s main export market and also its largest source of imports. Eighty-five per cent of exports from Africa to China are made up of commodities and crude materials, with oil being the biggest single item. Due to the country’s lower manufacturing costs, machinery, autos and textiles from China make up the biggest imports into the African continent.
Amanbo has the ambitious goal of reaching ninety percent of all African consumers but there are some challenges, as Tia Peng explains: “One is the cost of broadband, which is still too high in Africa. The second is logistics, which is still not much now. The third is the literacy rate in Africa. We do believe it will improve in Africa.”
Attention: The copyrights of this article belong to Venas News, we only changed the title. Please check out the original source: https://venasnews.co.ke/2018/03/21/you-can-now-import-goods-from-china-to-kenya-without-a-sweat-thanks-for-this-new-e-commerce-platform-amanbo/

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