Alibaba Group Eyes Ethiopia Teck Sector

Alibaba Group a Chinese multinational conglomerate is eyeing opportunities in Ethiopia, Jack Ma, Chair of the Group disclosed during his meeting with  Prime Minister Abiy Ahmed in Davos.

They discussed the future of disruptive technologies on markets and society, according to the the Office of the Prime Minister.

Jack agreed to consider potential investment in a tech city in Ethiopia that will impact daily lives of the people in the region, the office added.

Founded April 4, 1999, Alibaba is specializing in e-commerce, retail, Internet, and technology.

With operations in over 200 countries and territories, Alibaba is the world’s largest retailer and e-commerce company, one of the largest Internet and AI companies, one of the biggest venture capital firms, and one of the biggest investment corporations in the world.

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