Egypt Post and Jumia have signed on Tuesday a cooperation protocol that aims to boost e-commerce trade flows and develop the e-commerce industry in Egypt. Sharif Farouk, Chairperson of Egypt Post, said that the agreement aims to overcome the barriers that can affect the growth potential of Egypt's e-commerce market. The protocol grants Jumia an access to Egypt Post's nationwide postal offices, enabling it to provide various services, including payment and delivery of products through these offices. This, therefore, will lead to reducing the shipping costs, improving the services, gaining customers' trust, and eventually having an equitable share in the Egyptian e-commerce market, Farouk added. He further said Egypt Post is witnessing unprecedented growth on all levels, including the modernisation and upgrade of its logistic and distribution services as well as its transport fleet, by adopting the most up-to-date smart solutions to offer outstanding logistic services to the customers at competitive prices. Hesham Safwat, CEO of Jumia Egypt, said that through the protocol, Jumia wants to bring e-commerce closer to the consumers and make shopping accessible to all Egyptians, with the help of Egypt Post's nationwide network of branches and logistic services. Given its wide expertise in e-commerce industry and its partnership with Egypt Post, Jumia is now able to offer all of its services much more easily across all the country, Safwat added.
