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The application of information technologies in carrying out intermediate foreign trade operations of East African countries


Deriglazova A.I.
(about the author)

Deriglazova Anastasiya Igorevna – (Institute for African Studies of the Russian Academy of Sciences)

Published in:
Journal of International Economic Affairs
– Volume 9, Number 4 (October-December 2019)

JEL classification: F14, N17, O24, O33, O55

Keywords: Africa, developing countries, electronic commerce, foreign trade, information technology


Citation:
Deriglazova A.I. (2019). The application of information technologies in carrying out intermediate foreign trade operations of East African countries. Journal of International Economic Affairs, 9(4), 2557-2570. doi: 10.18334/eo.9.4.41469


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Abstract:

Trade in Africa may be reformed by means of information technologies that will lead to the development of electronic Commerce. These technologies can stimulate domestic and international trade and subsequently contribute to the economic development of African countries. However, many African states have yet to take full advantage of the benefits of e-Commerce, as its penetration rate is ten times lower than that of Western countries. The lack of adequate infrastructure, the lack of basic ICT knowledge and the threat of cybercrime pose significant obstacles to the introduction and growth of e-Commerce in many African countries. This article analyzes the remaining barriers to the digital divide that prevent e-Commerce from entering Africa and proposes regulatory solutions to address them.








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