Tochukwu Uwakeme, Chijioke Dozie, Malik Babalola, and Olugbenga Agboola are among beneficiaries of the United Nations Conference on Trade and Development (UNCTAD) and Alibaba Business School training in China for 29 young Africans from 11 countries in Africa. The four Nigerians amongst others who benefited successfully eFounders Fellowship Programme at the Alibaba campus in Hangzhou, China.

Tochukwu Uwakeme is the founder of KemResource, an e-commerce company that connects farmers to potential buyers around the globe, Chijioke Dozie is the founder of OneFi, a financial technology (fintech) company that provides customers in West Africa access to loans, using machine-learning to assess the credit-worthiness of customers in realtime. Malik Babalola from Gloo, an online supermarket that sells variety of groceries and foods, and Olugbenga Agboola from Flutterwave. Flutterwave drives growth for banks and businesses across Africa through digital payment technology.

Jack Ma, Alibaba Group’s Executive Chairman had founded the eFounders Fellowship Programme as part of a pledge to empower 1,000 entrepreneurs from developing countries in five years.

How knowledge acquired from the Alibaba initiative will be spread across Africa

As pioneers of the new economy, participating entrepreneurs are expected to be network builders for other aspiring entrepreneurs and explore the new discovered approaches to digital commerce in their chosen markets.

UNCTAD and Alibaba, with the fellowship, expresses believe that the fellows will serve as source of inspiration to others with powerful ideas that can be explored to change the world.

About Alibaba

Alibaba Group Holding Limited is a Chinese multinational e-commerce, retail, Internet, AI and technology conglomerate founded in 1999 that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. It owns and operates a diverse array of businesses around the world in numerous sectors, and is named as one of the world’s most admired companies by Fortune magazine.

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