Kenya Trade Network Agency (KenTrade) has signed a partnership agreement with TradeMark East Africa (TMEA) worth Ksh. 150 Million. This to support the enhancement and usage of the National Electronic Single Window System (Kenya TradeNet) and implementation of the Maritime Single Window in Kenya.
The funding will also be used to automate Partner Government Agencies (PGAs) processes or enhance their existing Systems to increase utilization of the Kenya TradeNet System. These improvements are aimed at reducing trade related costs and time with a view of reducing the cost of doing business in Kenya.
Implementation of the Kenya TradeNet System commenced in 2012 and the system was rolled out in 2013. Today, KenTrade has successfully implemented 21 modules and their functionalities in the Kenya TradeNet System. Currently there are over 11,500 registered users with 36 Partner Government Agencies onboard the System. So far, more than 1,707,642 permits have been processed through the TradeNet System since it went live. In addition, the business community has realized savings estimated at KShs. 2.5 billion as traders compliance costs associated with transport/travel, time, administration (e.g. document preparation, photocopying) and telecommunication have been reduced or eliminated.
Speaking at the event, TMEA Kenya Country Director Ahmed Farah had this to say, “TradeMark East Africa is committed to growing prosperity through trade in the Eastern Africa region; and we recognize the impact of the single window on the trade value chain. That is why, we are committing to support the enhancement of this system in order to increase its capacity as an effective trade facilitation tool. It complements with our other investments at the port of Mombasa, with Kenya Revenue Authority, and at various one stop border posts.”
On his part, KENTRADE CEO, Amos Wang’ora said, “So far, 11,400 users are registered in the National Single window; with 36 Government Agencies onboard. We have processed more than 1,707,642 permits since we went live. Over time, the system has simplified trade procedures and processes which has resulted in reduction of delays, improved convenience and substantial cost savings as well as improved convenience and substantial cost savings as well as improved collaboration between government agencies.”